China Merchants Energy Shipping expands fleet with new vessels

On September 25, 2025, China Merchants Energy Shipping (CMES) took delivery of the "Ming Fu," an 82,000 DWT Kamsarmax dry bulk vessel. This is the first of four ordered in 2023, featuring advanced energy-saving designs. The "Ming Fu" and subsequent vessels will enhance CMES's Panamax fleet, improve grain and other cargo transport capabilities, and bolster market competitiveness amidst an aging global dry bulk fleet. CMES's dry bulk division operates 103 vessels, with 15 more on order, including a sister Kamsarmax vessel due in Q4 2025.

Additionally, on September 24, 2025, CMES received the "Hai Yun," a 175,000 cubic meter large LNG carrier. This is the first of two ordered in 2022, designed with cutting-edge LNG transport technology, including dual-fuel engines and reliquefaction equipment. The "Hai Yun" signifies a milestone in CMES's "dual-wheel drive" strategy, strengthening its oil, gas, and dry bulk core businesses. CMES's LNG sector manages 27 vessels, with 37 on order, and three more LNG carriers from the CLNG partnership expected in 2025.