{"id":87349,"date":"2025-07-03T00:00:00","date_gmt":"2025-07-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/07\/03\/chinese-lng-tanker-manufacturers-ride-demand-wave-to-record-income\/"},"modified":"2025-07-03T00:00:00","modified_gmt":"2025-07-03T00:00:00","slug":"chinese-lng-tanker-manufacturers-ride-demand-wave-to-record-income","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/07\/03\/chinese-lng-tanker-manufacturers-ride-demand-wave-to-record-income\/","title":{"rendered":"Chinese LNG tanker manufacturers ride demand wave to record income"},"content":{"rendered":"

China sees LNG tanker orderbooks swell: <\/strong>China-based shipyards are slated for a record year as demand for LNG tankers surge, contrary to China's economic downturn, Bloomberg<\/a> reports. Shipyard incomes have doubled in the first five months of 2025, with industry giant Hudong-Zhonghua shipyard\u2019s orderbook reaching CNY 150 bn for 60 vessels slated for delivery by 2031. Chinese manufacturers have cut the construction time for LNG tankers in half to 15 months, largely by sourcing 80% of their components locally, Bloomberg reports, citing Chinese state media.<\/p>\n

Against the odds<\/strong>: <\/strong>The uptick comes as a surprise, following a proposed fee<\/a> by the Trump administration on China-built and China-flagged vessels earlier this year that several industry analysts predicted would undermine demand on China-builds. The fee \u2014 USD 50 per net ton \u2014 was reportedly slated to upend global shippers<\/a> \u2014 namely Maersk and the Mediterranean Shipping Company (MSC) \u2014 unless they took costly steps to diversify away from China. Earlier reports suggested that South Korean shipyards \u2014 which have floated the idea of building LNG tankers on US soil<\/a> as a way to hedge against the proposed fee \u2014 were slated to pick up some of China\u2019s market share as a result of the US fees.<\/p>\n","protected":false},"excerpt":{"rendered":"

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