Eastern Pacific Shipping Pte. Ltd. (EPS) has announced its first-ever direct order of LNG carrier new buildings, commissioning two vessels at Jiangnan Shipyard in China for delivery in 2028. This landmark move follows the recent merger of CoolCo with EPS Ventures, marking a major milestone in the company's expansion of its gas platform. According to EPS CEO Cyril Ducau, making CoolCo a private subsidiary will provide greater strategic flexibility. Notably, EPS has chosen a Chinese yard at a time when most LNG carrier orders have gone to Korean shipyards, highlighting a distinctive approach. The industry saw a surge in LNG carrier orders at the end of 2025, tightening yard slots for 2028. With Oystein Kalleklev leading EPS's 63-ship gas business, the company is positioning itself for long-term growth in LNG as a transition fuel.
Eastern Pacific Shipping Places First In-House LNG Carrier Orders at Jiangnan Shipyard
EASTERN PACIFIC SHIPPING PTE LTD (EPS)
SHIPMANAGER
Jiangnan Shipyard - CSSC
SHIPYARD
Newbuild
Lng Carrier
Ella Trusteddocks
Topics
Connected to This Story
Free weekly digest
This week's ship orders & deliveries — every Friday
New contracts, launches and shipyard news in one email. No account needed, unsubscribe anytime.
More Shipbuilding News
View all →
Liquimar Tankers Orders First Newbuildings in 20 Years
Greek owner Liquimar Tankers has ordered three suezmax newbuildings at China's Jiangsu New Hantong Ship Heavy Industry,…
Oct 15, 2026
Zhonggu Shipping Orders Two 14,000 TEU Boxships at Hudong-Zhonghua
Zhonggu Shipping Group has ordered two 14,000 teu containerships from Hudong-Zhonghua Shipbuilding, marking a…
Oct 15, 2026
GSI Delivers 10,800-Vehicle Carrier to HMM Ahead of Schedule
Guangzhou Shipyard International (GSI) has delivered a new 10,800-vehicle LNG dual-fuel Pure Car Truck Carrier (PCTC),…
Oct 15, 2026
BGN Orders Four More Dual-Fuel VLGCs From HD Hyundai
BGN has signed a contract with HD Hyundai Heavy Industries (HD HHI) for the construction of four new LPG dual-fuel Very…
Oct 15, 2026