Shell signs up shipowner trio to four more LNG newbuildings

Three shipowners have signed orders for four LNG carriers and the same number of optional berths that will raise energy major Shell’s access to chartered newbuilding tonnage to 22 vessels.

TradeWinds has learned that South Korea’s Pan Ocean has inked contracts for two firm 174,000-cbm ships at Hyundai Heavy Industries. The deal is expected to include at least one optional newbuilding.