China’s Jovo orders one LNG carrier at Jiangnan

Chinese privately-owned energy firm Jovo said it has ordered one LNG carrier at compatriot shipbuilder Jiangnan Shipyard.

The mid-sized vessel will have a capacity of 79,800 cbm and will feature GTT’s Mark III Flex containment system, according to Jovo.

As part of its shipbuilding plan, Jovo also ordered one 93,000-cbm very large gas carrier (VLGC) at Jiangnan.

Jovo expects the entire project to complete in 2024.

The firm has earlier this year completed its initial public offering and started trading on the Shanghai Stock Exchange.

It has raised about $414 million from the IPO which it plans to invest in this shipbuilding program.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Wilhelmshaven LNG jetty ready to welcome Excelerate’s FSRU

Dutch marine contractor Van Oord announced on Monday it had completed the new jetty for its client, state-owned LNG...

More News Like This

Adnoc L&S takes delivery of LNG carrier in China

UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has taken delivery of the second 175,000-cbm LNG carrier from China’s Jiangnan Shipyard.

Jiangnan to build one LNG bunkering vessel for SIPG

Chinese shipbuilder Jiangnan has secured a contract to build one large LNG bunkering vessel for compatriot Shanghai International Port (SIPG).

SAIC Anji welcomes another LNG-powered PCTC into its fleet

China’s Jiangnan Shipyard has delivered another LNG-powered pure car and truck carrier to compatriot SAIC Anji Logistics.

PIL welcomes new LNG-fueled containership in its fleet

Singapore’s Pacific International Lines (PIL) has added the fourth LNG-powered vessel built by China’s Jiangnan to its fleet.