South Korean and Chinese shipbuilders secured 14 and 26 of 40 VLAC orders announced from January to July 2026 as demand for long-distance ammonia transport vessels increased.
Chinese shipyards secured 34 LNG carrier orders by early July 2026, compared with 32 for South Korean yards, as limited Korean capacity affected contract allocation.
ADNOC Logistics & Services has ordered four 175,000 m³ LNG carriers from Jiangnan Shipyard for $900 million, with all four vessels scheduled for delivery in 2029.
COSCO Shipping Energy Transportation, Shell and Jiangnan Shipyard have signed a construction agreement for four 175,000 cu metres LNG carriers to serve Shell under long-term charter agreements.
Jiangnan Shipyard has started construction of a 95,000 cbm Very Large Ammonia Carrier for Jaldhi Overseas, featuring an LPG dual-fuel propulsion system.
Jiangnan Shipyard has delivered IVY COVE, the world’s first ordered 93,000 m³ VLAC, for EPS, with Trafigura set to charter the vessel.
Jiangnan Shipyard has unveiled a Molten Salt Reactor container shipping complex concept linking vessels, ports, energy supply and cargo handling in a proposed zero-emission logistics network.
COSCO SHIPPING Energy has ordered four 175,000 m³ LNG carriers from Jiangnan Shipyard in a RMB 6.4 billion deal, with delivery set for 2029 to 2030.
