Work starts on first LNG carrier for China’s Shenzhen Gas

China’s Hudong-Zhonghua has started building the recently ordered 79,960-cbm LNG carrier for compatriot Shenzhen Gas.

To mark the start of construction, the Chinese shipbuilder held a steel cutting ceremony on Wednesday.

The duo signed the contract on March 29 and it also includes an option for one more sister vessel.

This move marks the first entry into the LNG shipping business for Shenzen Gas.

Work starts on first LNG carrier for China's Shenzhen Gas
Image: Hudong-Zhonghua Shipbuilding

Shenzhen Gas previously said it would pay about $121 million for the mid-scale vessel, while the total costs of the project would reach about $140 million. The city gas supplier also aims to establish a unit that will own the ship.

The new vessel will serve its facility at Yantian port in the city of Shenzhen with an annual capacity of 800,000 tonnes, according to Shenzhen Gas. The facility has one LNG jetty and an 80,000 cbm storage tank.

In addition, the 239 meters long river-sea vessel will feature dual-fuel propulsion and GTT’s NO96 L03+ membrane containment system.

The vessel should join Shenzhen Gas in January 2023.

Most Popular

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

Atlantic LNG rates continue to increase

Atlantic spot LNG shipping rates rose for the third week in a row, rising $5,250 week-on-week to $25,250 per day, according to Spark Commodities.

More News Like This

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.

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.

Ibaizabal, TotalEnergies to take delivery of LNG bunkering vessel in China

China’s Hudong-Zhonghua is expected to soon deliver the first of two 18,600-cbm LNG bunkering vessels it built for Spanish shipowner Ibaizabal and French energy giant TotalEnergies.

Everllence, Hudong-Zhonghua to develop new LNG carrier

German engine maker Everllence, formerly known as MAN Energy Solutions, has signed an engineering design agreement with Chinese shipbuilder Hudong-Zhonghua to develop a 180,000-cbm LNG carrier featuring an Everllence dual-fuel, electric+ propulsion system.