Hu Jianhua Attends the Signing Ceremony of the LNG Shipping Contracts (Phase II) for CNOOC Mid- and Long-Term FOB SPAS


28 April 2022 - China Merchants Group (CMG), China National Offshore Oil Corporation (CNOOC), China State Shipbuilding Corporation Limited (CSSC), and Nippon Yusen Kabushiki Kaisha (NYK) held a cloud signing ceremony by videoconference in Beijing, Shenzhen, Shanghai, and Tianjin, China, and Tokyo, Japan. CMG President Hu Jianhua attended the ceremony.

Representatives from China Merchants Energy Shipping (CMES SHIPPING), CNOOC Gas & Power Group, CNOOC Energy Technology & Services Limited, and NYK signed the general arrangement agreement of LNG Shipping Contracts (Phase II) for CNOOC Mid- and Long-Term Free on Board (FOB) as well as the shipbuilding and chartering agreements of six LNG carriers.


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CMG, founded in the Westernization Movement in 1872, is a pioneer in China's national industry and commerce. During past 140 years, CMG made a lot of firsts and acted as a leader in different business fields, like setting up the first commercial fleet, bank, insurance company in modern China. CMG plays an important role in economic history and social development history of modern China...

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