Hudong-Zhonghua Shipbuilding (Group), China’s only large LNG carrier builder, plans to double its annual output of these high-value vessels to 12 before 2025.

Speaking to TradeWinds, Hudong-Zhonghua president Chen Jun says it currently delivers four to six LNG carriers per year.

“This is a small number of ships if we compare it to other LNG shipbuilding countries like South Korea,” he says.