LNG

Jiangnan Shipyard Group, one of China's largest shipbuilders, said it was set to sign an agreement to construct five 15,000 TEU, or twenty-foot equivalent unit, dual-fuel container ships with LNG propulsion capabilities.

The American Bureau of Shipping, the US maritime classification society, built on its position as the principal classifier for Chinese LNG shipbuilders by granting approval to a new LNG carrier design at the Jiangnan Shipyard Group of Shanghai.