Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

China’s LGM Engineering to supply LNG fuel systems for 8 tankers

Gloryholder Liquefied Gas Machinery (LGM Engineering) said it would supply LNG fuel systems for eight crude oil and product tankers currently under construction in China.

LGM Engineering said in statement it has secured the contract earlier this year but it did not reveal the price tag of the deal.

China’s Bank of Communications Financial Leasing Co (Bocomm Leasing) ordered twelve 120,000-ton dual-fuel tankers in April last year at two CSSC yards for about $54 million per each vessel.

Guangzhou Shipyard International (GSI) will build eight of the LNG-powered tankers while Shanghai Waigaoqiao Shipbuilding (SWS) will construct four.

Following delivery in 2022-2023, all of the LNG-powered vessels will go on charter to energy giant Shell.

The LRII type dual-fuel tankers will run on liquefied natural gas but also on fuel oil. They would meet the International Maritime Organization (IMO) TIER III emission standard.

LGM Engineering said its contract scope includes providing the complete LNG fuel supply system but also the system design and manufacture of Type C LNG fuel tanks.

In addition, the contract includes a dome platform, LNG bunkering station module, water glycol system, as well as the installation guidance of FGSS fuel gas control and ESD system, commission, gas trail, sea trail and crew training, it said.

Most Popular

India’s ONGC approves Mozambique LNG investment

India’s state-run ONGC has approved an investment by its unit, ONGC Videsh, into the TotalEnergies-led Mozambique LNG joint venture, which is developing a 12.8 mtpa liquefaction plant at the Afungi complex.

Australia’s Viva Energy seeks FSRU for Geelong project

Australia’s Viva Energy is looking to secure a floating storage and regasification Unit (FSRU) for its proposed LNG import terminal in Geelong, Australia.

Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

More News Like This

Shell wraps up acquisition of Pavilion Energy

UK-based LNG giant Shell has completed its previously announced acquisition of Singapore's Pavilion Energy.

Shell seals LNG deal with India’s IRM Energy

A unit of UK-based LNG giant Shell has signed a five-year deal to supply regasified LNG to India's IRM Energy.

China’s SIPG eyes LNG bunkering vessel order

China’s terminal operator, Shanghai International Port (SIPG), is looking to order one large liquefied natural gas (LNG) bunkering vessel, according to shipbuilding sources.

Shell CEO expects progress on Venture Global arbitration this year

Shell’s CEO Wael Sawan expects to have an update on an arbitration dispute with US LNG exporter Venture Global LNG later this year.