China is shaking up the global shipbuilding industry with a monumental merger between its two largest state-owned companies, China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC). The long-anticipated consolidation, now officially confirmed by China’s State-Owned Assets Supervision and Administration Commission, is poised to create a colossal entity that will redefine the dynamics […]
QatarEnergy has entered into a monumental agreement with China State Shipbuilding Corporation (CSSC) to construct 18 ultra-modern QC-Max size LNG vessels, marking the largest single shipbuilding contract in the industry. This significant development, which took place during a special ceremony in Beijing, is a key part of QatarEnergy’s historic LNG fleet expansion program. These new […]
Qatar Petroleum said that it has ordered four new LNG carriers under a contract worth around $769 million with Hudong-Zhonghua Shipbuilding Group, a fully-owned subsidiary of China State Shipbuilding Corporation (CSSC). According to the Qatari national oil company, the four LNG carriers are the first batch of orders in its LNG shipbuilding program. Qatar Petroleum’s […]