Cosco Shipping Energy Secures Board Nod for VLGC Vessel Delivery Financing

Deep News09-11

COSCO SHIP ENGY (01138.HK; 600026.SH) announced on September 10 that its twelfth board meeting of 2026 has given the green light to a financing plan tied to the delivery of two new VLGC carriers.

In an overseas regulatory filing and a board resolution statement, the company confirmed approval of the proposal concerning delivery financing for the 1st and 2nd vessels under the Dalian LPG newbuild project, which covers a 2+2 order of 88,000-cubic-meter VLGCs. The approved scheme specifically addresses the capital arrangements for the first two ships as they enter the handover phase, a step that has now cleared the board-level review.

VLGC, short for Very Large Gas Carrier, typically refers to ocean-going vessels designed to transport liquefied petroleum gas and similar cargo. At 88,000 cubic meters, these units sit firmly in the large-capacity segment of the VLGC fleet, underscoring the scale of the investment.

The 2+2 order structure signals that Cosco Shipping Energy Transportation Co.,Ltd. continues to expand its liquefied gas shipping lineup, reinforcing its strategic push to deepen its presence in this specialized maritime segment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1188148833?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-11 18:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1188148833","market":"sg","top_or_hot":-1,"title":"Cosco Shipping Energy Secures Board Nod for VLGC Vessel Delivery Financing","media":"Deep News","content":"<p><b>COSCO SHIP ENGY</b> (01138.HK; 600026.SH) announced on September 10 that its twelfth board meeting of 2026 has given the green light to a financing plan tied to the delivery of two new VLGC carriers.<br><br>In an overseas regulatory filing and a board resolution statement, the company confirmed approval of the proposal concerning delivery financing for the 1st and 2nd vessels under the Dalian LPG newbuild project, which covers a 2+2 order of 88,000-cubic-meter VLGCs. The approved scheme specifically addresses the capital arrangements for the first two ships as they enter the handover phase, a step that has now cleared the board-level review.<br><br>VLGC, short for Very Large Gas Carrier, typically refers to ocean-going vessels designed to transport liquefied petroleum gas and similar cargo. At 88,000 cubic meters, these units sit firmly in the large-capacity segment of the VLGC fleet, underscoring the scale of the investment.<br><br>The 2+2 order structure signals that <b>Cosco Shipping Energy Transportation Co.,Ltd.</b> continues to expand its liquefied gas shipping lineup, reinforcing its strategic push to deepen its presence in this specialized maritime segment.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cosco Shipping Energy Secures Board Nod for VLGC Vessel Delivery Financing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCosco Shipping Energy Secures Board Nod for VLGC Vessel Delivery Financing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-09-11 18:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>COSCO SHIP ENGY</b> (01138.HK; 600026.SH) announced on September 10 that its twelfth board meeting of 2026 has given the green light to a financing plan tied to the delivery of two new VLGC carriers.<br><br>In an overseas regulatory filing and a board resolution statement, the company confirmed approval of the proposal concerning delivery financing for the 1st and 2nd vessels under the Dalian LPG newbuild project, which covers a 2+2 order of 88,000-cubic-meter VLGCs. The approved scheme specifically addresses the capital arrangements for the first two ships as they enter the handover phase, a step that has now cleared the board-level review.<br><br>VLGC, short for Very Large Gas Carrier, typically refers to ocean-going vessels designed to transport liquefied petroleum gas and similar cargo. At 88,000 cubic meters, these units sit firmly in the large-capacity segment of the VLGC fleet, underscoring the scale of the investment.<br><br>The 2+2 order structure signals that <b>Cosco Shipping Energy Transportation Co.,Ltd.</b> continues to expand its liquefied gas shipping lineup, reinforcing its strategic push to deepen its presence in this specialized maritime segment.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0020","symbol_name":"浦东新区","start_time":0,"source_url":"","article_id":"1188148833","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1188148833","pubTimestamp":1789122098,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"COSCO SHIP ENGY (01138.HK; 600026.SH) announced on September 10 that its twelfth board meeting of 2026 has given the green light to a financing plan tied to the delivery of two new VLGC carriers.In...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"600026":"中远海能","BK0020":"浦东新区","01138":"中远海能","BK1166":"石油与天然气的储存和运输","BK0270":"水上运输","BK0183":"MSCI概念","BK1535":"港口运输股","BK0188":"融资融券","BK0012":"证金概念","BK0010":"央企","SG9999014674.SGD":"Nikko AM All China Equity A SGD","BK0028":"国家队"},"translate_title":"中远海运能源获得董事会批准 VLGC 船舶交付融资","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600026":1,"01138":1},"content_text":"COSCO SHIP ENGY (01138.HK; 600026.SH) announced on September 10 that its twelfth board meeting of 2026 has given the green light to a financing plan tied to the delivery of two new VLGC carriers.In an overseas regulatory filing and a board resolution statement, the company confirmed approval of the proposal concerning delivery financing for the 1st and 2nd vessels under the Dalian LPG newbuild project, which covers a 2+2 order of 88,000-cubic-meter VLGCs. The approved scheme specifically addresses the capital arrangements for the first two ships as they enter the handover phase, a step that has now cleared the board-level review.VLGC, short for Very Large Gas Carrier, typically refers to ocean-going vessels designed to transport liquefied petroleum gas and similar cargo. At 88,000 cubic meters, these units sit firmly in the large-capacity segment of the VLGC fleet, underscoring the scale of the investment.The 2+2 order structure signals that Cosco Shipping Energy Transportation Co.,Ltd. continues to expand its liquefied gas shipping lineup, reinforcing its strategic push to deepen its presence in this specialized maritime segment.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1188148833","isCrawlerRequest":true}