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Trade & Logistics

29 October 2026

COSCO turns to in-house yard for gas carrier expansion

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Source reporting: Splash247

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COSCO turns to in-house yard for gas carrier expansion

China’s COSCO Shipping Energy Transportation is expanding its gas carrier business with a RMB335m ($50. 2m) ethylene carrier newbuilding project at affiliated Dalian COSCO Shipping Heavy Industry. The Shanghai- and Hong Kong-listed shipowner said its board had approved the construction of a 9,000 cu m vessel through Hainan Zhaogang Shipping, a subsidiary controlled by COSCO’s Dalian …

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