Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

QatarEnergy orders 8 Q-Max LNG carriers at Hudong-Zhonghua

Nakilat Q-Max LNG carrier Al Mafyar
LNG giant QatarEnergy has reportedly entered into an agreement with Hudong-Zhonghua for the construction of eight Q-Max LNG carriers, as part of its shipbuilding programme.

The order valued at over $2.4 billion, is for eight vessels capacity of 271,000 cubic metres making them the world’s largest, are part of QatarEnergy’s “Hundred Ships Programme”. The latest newbuilding are set to be delivered between 2028 and 2029.

The deal, reportedly finalised last month, follows QatarEnergy’s September 2023 announcement of plans to order 15 Q-Max ultra-large LNG carriers from Chinese and South Korean shipyards. Of these, eight will be constructed by Hudong Zhonghua, with negotiations ongoing for the remaining seven vessels.

Chinese yards have made significant gains in the LNG carrier sector over the last few years although Korean yards remain the dominant force.

The construction contract is yet to be confirmed by QatarEnergy.

In 2020, Hudong Zhonghua agreed with QatarEnergy to reserve construction capacity for the company’s planned LNG carrier fleet. The initial ships were ordered two years later.

In the first phase of the programme, a total of 60 ships were ordered at Korean and Chinese shipyards.