In a statement the Hong Kong-quoted holding company said the partnership involves its subsidiary, Jiangxi Jiangzhou United Shipbuilding Company.

Under the terms of the strategic cooperation framework agreement Jianglian will be offered the opportunity to utilise the shipyard’s facilities for the construction LNG containment tanks and what China Ocean described as “large size non-standard containers”.

In addition the duo is going to “jointly develop” LNG carriers, LNG fuelling stations, carriers adapted for the ship-to-ship transfer of LNG and modify vessels for the use of dual-fuel power systems, according to today’s filing with the Hong Kong bourse.

Industry