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COSCO Shipping Energy orders six crude carriers for RMB 5.69 billion

PUBT·11/09/2026 12:55:54
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COSCO Shipping Energy orders six crude carriers for RMB 5.69 billion
  • COSCO Shipping Energy Transportation will invest approximately RMB 5.69 billion in six very large crude carriers to expand its fleet.
  • Subsidiary Hainan COSCO Energy signed shipbuilding contracts with COSCO SHIPPING Heavy Industry (Yangzhou) on November 9, 2026.
  • The LNG dual-fuel-ready tankers will each have 309,000 deadweight tons of capacity, with deliveries scheduled from August 2029 to November 2030.
  • External financing will cover approximately 70% of the investment; internal resources will fund 30%.
  • The transaction requires independent shareholder approval.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. COSCO Shipping Energy Transportation Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261109-12406147), on November 09, 2026, and is solely responsible for the information contained therein.