Shell gobbles up low-emission LNG newbuildings in long-term charters

摘要

Six weeks into 2021 and eight LNG carriers have been ordered, pushing the global orderbook to 172 LNG carriers, with a total capacity of 24,428,062 m~3 according to BRL Newbuilding Weekly. One of the worlds largest LNG shipping operators, managing and operating over 40 ships and with some 50 on time charter, Shell has been active in the chartering market, including striking a deal with South Koreas Pan Ocean.With ambitious plans to expand its LNG shipping portfolio, Pan Ocean inked long-term charter agreements with Portugal's Galp Energia and Anglo-Dutch energy company Shell worth US$421M for LNG newbuildings ordered from Samsung Heavy Industries (SHI) and Hyundai Heavy Industries (HHI).