Cosco Shipping Energy Secures Board Nod for VLGC Vessel Delivery Financing

Deep News

Sep 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.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.imtigers.com/news/1188148833"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1188148833\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"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":"sh","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":"SG9999014674.SGD","symbol_name":"Nikko AM All China Equity A SGD","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","SG9999014674.SGD":"Nikko AM All China Equity A SGD","BK0012":"证金概念","01138":"中远海能","BK1535":"港口运输股","BK0010":"央企","BK0028":"国家队","BK0270":"水上运输","BK0020":"浦东新区","BK1166":"石油与天然气的储存和运输","BK0183":"MSCI概念","BK0188":"融资融券"},"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"}}}