✉news EnvironmentOceans first seen 2 d ago, last 2 d ago, peak #25
Ningbo Ocean Shipping Pursues $480m Lease for Two LNG Dual-Fuel Car Carriers
Original: Ningbo Ocean Shipping Seeks Two 7,000 ceu LNG Dual-Fuel Car Carriers in $480m Lease Deal - News and Statistics
Ningbo Ocean Shipping is seeking to lease two 7,000 ceu LNG dual-fuel car carriers in a deal valued at around $480 million. The move reflects the ongoing expansion of Chinese car carrier capacity as vehicle exports grow and shipping lines invest in lower-emission, dual-fuel tonnage to meet new environmental standards.
Why now: Chinese car exports and demand for LNG dual-fuel car carrier capacity are driving interest in fleet expansion deals.
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