Spain’s Ibaizabal linked to trio of LNG bunker vessel orders

Spain’s Grupo Ibaizabal has emerged behind three newly contracted LNG bunkering vessels in China and South Korea. Shipbuilding sources report the company has lined up a second 18,600 cu m vessel at Chinese state-owned Hudong-Zhonghua Shipbuilding in a deal worth around $90m. The unit is estimated for delivery in 2027 and into a charter with …

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