China State Shipbuilding Subsidiary Signs $2.688 Billion Order for 12 LNG Dual-Fuel Container Ships

China State Shipbuilding Corp said on August 28 that its wholly owned subsidiary Shanghai Waigaoqiao Shipbuilding, together with China Shipbuilding Industry Trading Co., signed a newbuilding contract with COSCO Shipping Asset Management or a designated entity for 12 21,700-TEU LNG dual-fuel container ships. The contract is worth $2.688 billion and the vessels are expected to be delivered between 2028 and 2030, according to Jiemian News.