Financial Ports

JP Morgan’s $3bn VLGC spree: six ships locked in for 2030 delivery

CLAVE 1 / 4JP Morgan has expanded its 88,000 cu m VLGC newbuilding programme at Samsung Heavy Industries to six ships.

CLAVE 2 / 4The latest two VLGCs are scheduled for delivery in 2030, adding to four already booked for 2029.

CLAVE 3 / 4The entire programme involves more than $3bn in capital expenditure across over 30 tanker and gas carrier newbuildings.

CLAVE 4 / 4Global Meridian Holdings, JP Morgan’s Bermuda-based maritime platform, has placed orders across yards in South Korea and China.

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