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COSCO Shipping Energy has moved to expand its LNG shipping footprint, ordering four newbuildings at Jiangnan Shipyard in a deal worth around $953m. The publicly listed energy shipping arm of China’s state-owned COSCO Shipping Group said its indirectly owned subsidiary, Future Ocean LNG Investment, signed the contract with Jiangnan for the 175,000 cu m units, …
COSCO inks $953m LNG carrier order
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