China’s SIPG inks LNG bunkering pact with MSC

Switzerland-based shipping giant MSC is joining forces with China’s terminal operator Shanghai International Port (SIPG) to fuel its LNG-powered container vessels.

In that regard, the two firms have signed a framework LNG bunkering agreement with the standard terms and conditions on September 21, according to statement by Shanghai SIPG Energy Service (SSES).

SIPG’s chairman Gu Jinshan and MSC’s boss Soren Toft attented the signing of the agreement, SSES said.

The signing of the deal will further strengthen the long-term strategic partnership between SIPG and MSC, and boosts the development of the “clean energy” refueling center in the Shanghai port, SSES said.

The firm did not provide any details regarding the agreement.

China’s SIPG inks LNG bunkering pact with MSC
Image: SSES

SSES is a unit of SIPG and Shenergy and operates the 20,000-cbm LNG bunkering vessel, Hai Gang Wei Lai.

In January last year, SIPG signed a framework deal with France’s CMA CGM to fuel the latter’s LNG-powered container vessels with Hai Gang Wei Lai.

Besides CMA CGM’s ships, the vessel also fueled the LNG-powered ZIM Sammy Ofer, owned by Seaspan and chartered by Zim, in Yangshan port, Shanghai earlier this year.

According to SSES, the large LNG bunkering vessel has completed 55 bunkering operations since the launch of operations last year for CMA CGM, ZIM, and other shipping companies.

In March last year, SSES completed the first LNG bunkering operation under this deal with CMA CGM to CMA CGM Symi.

MSC is the world’s largest container shipping firm in terms of capacity and has a fleet of 760 vessels, according to its website.

The company is building a huge fleet of LNG-powered containerships and recently placed an order for ten more LNG dual-fuel containerships at China’s Zhoushan Changhong International Shipyard.

MSC took delivery of its first LNG-powered containership, MSC Washington, from China’s Yangzijiang Shipbuilding in Jiangsu in March last year, followed by the delivery of the second vessel, MSC Virginia, in July the same year.

- Advertisements -

Most Popular

Japan’s Jera plans to invest up to $13 billion in LNG

Japan's power firm and LNG player, Jera, plans to invest 1-2 trillion yen ($6.47-$12.96 billion) in its liquefied natural...

CoolCo, GAIL seal charter deal for newbuild LNG carrier

LNG carrier operator CoolCo has entered into a 14-year charter deal with India’s largest gas utility GAIL for one...

German FSRU terminal operator offers regas capacity

State-owned LNG terminal operator Deutsche Energy Terminal is offering short-term and long-term regasification capacity at its FSRU-based terminals in...

More News Like This

China’s SSES, MSC in first LNG bunkering op

China's Shanghai SIPG Energy Service (SSES) said it completed the first bunkering operation to an MSC containership with the...

DSIC launches MSC’s LNG-powered containership

China’s Dalian Shipbuilding Industry (DSIC) has launched an LNG-powered containership for Switzerland-based shipping giant MSC. According to a statement by...

MSC Cruises: LNG-powered MSC World America launched in France

French shipbuilder Chantiers de l’Atlantique has launched the second LNG-powered world class vessel it is building for MSC Cruises,...

China’s SIPG pens LNG bunkering pact with South Korea’s HMM

South Korea’s HMM is joining forces with China’s terminal operator Shanghai International Port (SIPG) to fuel its LNG-powered vessels. In...