Three owners poised to sign eight fresh LNG orders against Qatari contracts

Three shipowners are on the brink of signing shipbuilding and time-charter contracts for eight LNG carrier newbuildings as QatarEnergy nears the end of phase 1 of its enormous vessel procurement plan.

Newbuilding sources said the eight berths at South Korean yard Daewoo Shipbuilding & Marine Engineering will be split between Malaysian shipowner MISC, Japan’s Meiji Shipping and George Economou-controlled TMS Cardiff Gas.