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China records 188.8 pct increase in liquid cargo vessel export in Jan-May period

China

China

China

China records 188.8 pct increase in liquid cargo vessel export in Jan-May period

2026-07-11 22:03 Last Updated At:22:37

China exported 187 high-end liquid cargo vessels in the first five months of 2026, with a total value exceeding 64.3 billion yuan (about 9.49 billion U.S. dollars), up 188.8 percent year-on-year, according to the latest data.

Liquid cargo vessels are specially designed for transporting crude oil and liquefied natural gas (LNG), ranking among the ship categories with the highest added value in the maritime industry. Recently, two large-scale LNG vessels, each with a capacity of 174,000 cubic meters and built by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. under China State Shipbuilding Corporation (CSSC), were officially delivered in Shanghai. "Our clients are the world's leading oil and gas companies. Our current order book for LNG carriers accounts for more than 20 percent of the global market, and we are basically able to deliver one vessel per month," said Wang Jiaying, general manager assistant at the shipbuilding group.

In the same period, the country exported a total of 2,637 vessels, with a total value exceeding 170 billion yuan (about 25.09 billion U.S. dollars), up 22.5 percent year-on-year.

China records 188.8 pct increase in liquid cargo vessel export in Jan-May period

China records 188.8 pct increase in liquid cargo vessel export in Jan-May period

Iranian Foreign Minister Seyed Abbas Araghchi arrived in Muscat, the capital of Oman, on Saturday morning, according to news reports of Iran.

Araghchi is scheduled to hold consultations with the Omani side on issues concerning the Strait of Hormuz, said Iranian Foreign Ministry spokesman Esmaeil Baghaei.

Iranian Foreign Minister arrives in Oman about Hormuz Strait issue

Iranian Foreign Minister arrives in Oman about Hormuz Strait issue

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