MISC orders two more LNG carriers backed by Petronas charters

Malaysia’s LNG shipping player MISC, a unit of Petronas, has ordered two more liquefied natural gas carriers from Chinese shipbuilder Hudong-Zhonghua. This boosts the total to five LNG carriers which will serve long-term charter deals with Petronas.

Hudong-Zhonghua and MISC announced the new order in separate statements on Monday.

The shipbuilding deal was signed on February 27.

MISC said the vessels will be chartered by Petronas LNG Ltd (PLL) for a firm period of twenty years with charter commencement expected in 2029 and 2030.

This deal follows the order for three 174,000-cbm vessels in January and the signing of a letter of award with the Petronas unit for the charters.

Five options

Hudong-Zhonghua did not reveal the pricing details or delivery dates.

Shipbuilding sources previously told LNG Prime that each of the first three vessels is expected to be worth between $235 million and $240 million.

The Chinese shipbuilder said that the first contract includes three options and the second contract two options, for a total of five optional vessels.

According to Hudong-Zhonghua, the LNG carriers under this contract are the fifth-generation Changheng series vessels independently developed and designed by the shipbuilder.

The vessels in this series feature GTT’s NO96 Super+ containment tech and WinGD X-DF 2.0 engines.

LNG carrier orders

Including these vessels, Hudong-Zhonghua won orders for 12 firm LNG carriers since December last year.

Before these MISC orders, Hudong-Zhonghua secured an order from George Economou-led TMS Group.

Under this contract, Hudong-Zhonghua will build four 174,000-cbm LNG carriers for TMS Cardiff Gas.

The contract also includes two optional vessels.

In addition, Hudong-Zhonghua won an order in December 2025 from Nigeria LNG’s shipping unit Bonny Gas Transport (BGT)

Hudong-Zhonghua will also build three LNG carriers for BGT, marking the first collaboration between China and Africa in the field of LNG carrier construction.

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