China’s Oriental Energy is poised to splash up to $304m at the country's state-owned Jiangnan Shipyard on up to four VLGC newbuildings, according to industry sources.
The outfit is eyeing two orders for firm 93,000-cbm ships for delivery in 2023, with options for a further two vessels, the sources said.
Oriental Energy, which is also known as Donghua Energy, currently owns two Jiangnan-built VLGCs — the 84,000-cbm Keegan No 1 and Keegan No 2 (both built 2020).
