Recently, at the signing ceremony of the ship and sea project of China Shipbuilding Group, China Shipbuilding Group and China Merchants Group signed a letter of intent for cooperation on a large LNG carrier. The main content of this letter of intent is for the two sides to discuss and promote cooperation in the construction and operation of 175000 cubic meters of Mark III Flex LNG carriers. Dawang Group has officially entered the large-scale LNG shipbuilding market, which not only opens a new era of China Shipbuilding Group's large-scale LNG shipbuilding "double Dragons playing Pearl", but also will further enhance the overall international competitiveness of China's shipbuilding industry.