
BW LNG Orders Three-Tank LNG Carriers
BW LNG, part of BW Group, has ordered two more LNG carriers at HD Hyundai Samho, while TMS Cardiff Gas is linked to a separate Samsung LNG carrier deal.

BW LNG, part of BW Group, has ordered two more LNG carriers at HD Hyundai Samho, while TMS Cardiff Gas is linked to a separate Samsung LNG carrier deal.

BIMCO said the global shipping orderbook reached 191.0m cgt at the end of the first quarter of 2026, equal to 17% of the world fleet and the highest ratio since 2011. First-quarter contracting rose 40% year-on-year, led by tanker orders and a rebound in LNG tanker contracting, while yard lead times and engine supply constraints remained key issues.

Novatek has created Severny Inzhiniring, a shipbuilding subsidiary for ice-class LNG carriers and condensate tankers, as foreign yard access remains restricted.

Bloomberg, citing Kpler data, reported that nearly 50 LNG carriers used by Qatar are idle across Asia, representing at least 3.456 million tonnes of carrier capacity.

China is widening its presence in global shipbuilding as vessel replacement demand drives a long order cycle. The shift is also increasing pressure on South Korean yards in tankers and LNG carriers.

Japan is moving to resume LNG carrier construction after seven years, supported by shipbuilder consolidation and a government-backed capacity expansion plan.

Ocean Yield and NYK have made effective an eight-ship 200,000 cbm LNG carrier programme at HD Hyundai Heavy Industries, valued at about $2.08 billion, with delivery expected by 2029.

Bureau Veritas Marine & Offshore (BV) issued AIPs for five Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. projects spanning LNGCs, an LNG FSRU, a ULEC, OCC-ready design and 3D classification.

Samsung Heavy Industries and QSTS signed an agreement in Doha to start with retrofits and after-market services while reviewing decarbonization, energy-saving systems and onboard carbon-capture options.
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