AsiaContracts and TendersVessels

China’s Shenzhen Gas to order LNG carrier at Hudong

By Mirza Duran
China's Shenzhen Gas to order LNG carrier at Hudong
Image: Shenzhen Gas

China’s Shenzhen Gas has approved investment into a 79,960 cbm LNG carrier, marking its first entry into the liquefied natural gas shipping business.

The city gas distributor will order the mid-sized LNG carrier at compatriot Hudong-Zhonghua Shipbuilding for about $121 million, it said in a statement.

In addition, the total costs of the project would reach about $140 million. The firm also aims to establish a unit that will own the vessel.

Furthermore, the vessel will feature GTT’s NO96 containment system and serve its facility at Yantian port in the city of Shenzhen with an annual capacity of 800,000 tonnes. The facility has one LNG jetty and an 80,000 cbm storage tank.

Hudong is already building two similar LNG carriers for Japan’s shipping giant K-Line which will go on charter to Petronas.

These 239 meters long vessels feature WinGD’s dual-fuel X-DF engine and GTT’s NO96 containment system.

Most Popular

Contracts and Tenders

Power LNG takes step forward with Pelican Island facility

The Port of Galveston has approved a lease and development agreement with Texas-based Power LNG for the latter's planned small-scale, modular liquefied natural gas (LNG) production, storage, and bunkering facility on Pelican Island.
LNG Terminals

LNG Alliance plans new LNG export project in Mexico

LNG Alliance, developer of the Amigo LNG project in Mexico, plans to build a second project in Mexico called Bravo LNG.
LNG Terminals

Atlantic LNG rates drop for first time in six weeks

Atlantic spot liquefied natural gas (LNG) shipping rates fell week on week for the first time in six weeks, according to Spark Commodities.

More News Like This

Contracts and Tenders

MISC JV seals Malaysian LNG carrier charter deal

A joint venture of Malaysian LNG shipping firm MISC and Japan's NYK has signed a long-term charter agreement with Malaysia LNG (MLNG), a unit of Petronas and operator of the giant Bintulu LNG complex, for one 18,700-cbm LNG carrier.
Vessels

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.
Vessels

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.
Vessels

K Line, Petronas name LNG carrier duo in China

Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.