Cosco Shipping Energy Transportation (CSET) has revealed a lower-than-expected price tag for its LNG-fuelled VLCC while unveiling new tanker scrapping and gas shipmanagement projects.
In November, TradeWinds reported CSET became the first company to construct an LNG-fuelled VLCC by upgrading one of the four conventional 319,000-dwt vessels it had ordered in 2017.
Back then, the Shanghai- and Hong Kong-listed company had agreed to pay Dalian Shipbuilding Industry Co a total of CNY 3.67bn
