China’s DSIC wins first large LNG carrier order

China’s Dalian Shipbuilding Industry (DSIC) has secured its first order for large liquefied natural gas (LNG) carriers.

CSSC’s DSIC said in a statement on Thursday it has signed a shipbuilding deal for two 175,000-cbm LNG tankers with China Merchants Energy Shipping (CMES), a unit of China Merchants Group.

The deal also includes an option for two additional vessels.

According to DSIC, the LNG dual-fuel ships will have a length of 295 meters and a width of 46.4 meters.

Also, both of the vessels will feature GTT’s Mark III Flex cargo containment system.

This order marks DSIC’s entry into the construction of large LNG carriers, adding to Chinese shipbuilders Hudong-Zhonghua and Jiangnan Shipyard.

Besides being the first large LNG carrier contract, this marks also the first order for DSIC in the LNG carrier market, including smaller vessels.

The yard has one LNG bunkering vessel on order owned by independent gas distributor ENN.

DSIC did not reveal the price tag or the delivery dates for the two new LNG carriers.

To remind, CMES revealed this development last year. CMES said in December it was planning to place the order for two 175,000-cbm vessels at DSIC for about $380 million.

CMES confirmed in a separate statement issued on Thursday it would pay $380 million for the two carriers while the price tag for the two optional vessels would reach $400 million.

The firm expects to take deliveries of the vessels in the second half of 2025 and the first half of 2026.

(Updated on Friday, April 1, 2022, to add a statement from CMES)

Most Popular

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

Samsung Heavy develops new FLNG concept

South Korean shipbuilding giant Samsung Heavy Industries has received approvals from three classification societies for its new multi-purpose FLNG concept.

ExxonMobil CEO expects Golden Pass LNG launch by end of this year

ExxonMobil CEO Darren Woods expects the QatarEnergy-led Golden Pass LNG export project in Texas to produce first LNG volumes by the end of this year. Separately, Golden Pass LNG is also seeking approval from the US FERC to increase peak workforce up to 10,300.

More News Like This

DSIC floats out third CMES LNG carrier

China’s Dalian Shipbuilding Industry (DSIC) has floated out the third 175,000-cbm LNG carrier for compatriot China Merchants Energy Shipping (CMES), a unit of China Merchants Group.

DSIC starts work on LNG carrier for Chinese JV

China’s Dalian Shipbuilding Industry (DSIC) has officially started building a 175,000-cbm LNG carrier for a joint venture consisting of China Gas, Wah Kwong Maritime Transport, and CSSC Shipping.

MSC takes delivery of new LNG-powered containership in China

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

Northern Lights welcomes second LNG-powered LCO2 carrier in its fleet

The second Northern Lights JV’s LNG-powered liquefied CO2 carrier has been delivered in China. Northern Lights, the JV consisting of...