China’s Hudong nets order for another LNG carrier

China’s Hudong-Zhonghua Shipbuilding has won a new order to build one liquefied natural gas (LNG) carrier.

The shipbuilder said in a statement on Friday it has signed the construction deal with CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation. CSSC is also the parent company of Hudong.

Hudong is already building two 174,000-cbm LNG carriers for CSSC Shipping as part of a contract signed in December 2019.

Under the current shipbuilding schedule, Hudong should deliver LNG carrier Mu Lan in September this year and Gui Ying in February 2022.

China's Hudong nets order for another LNG carrier
Image: Hudong-Zhonghua Shipbuilding

The third carrier will also be 295 meters long and 45 meters wide.

Part of Hudong’s fourth-generation Changxing series, the LNG carrier will feature WinGD’s X-DF dual-fuel engines and GTT’s NO96 L03+ containment system. It will also have a reliquefaction system.

In addition, Hudong said it would improve the technical performance of the new LNG tanker compared to its sister vessels.

The yard did not reveal the price tag of the LNG carrier but shipbuilding sources told LNG Prime that CSSC Shipping would pay about $190 million for the vessel. CSSC Shipping splashed around $180 million for each of the vessels as part of the deal in 2019.

Moreover, the sources also said that the new vessel would go on charter to a European company.

Hudong will deliver the LNG carrier some 30 months after the contract signing.

The new contract comes just two weeks after Chinese shipowner COSCO and energy giant CNPC have confirmed plans to order three additional LNG carriers at Hudong.

- Advertisements -

Most Popular

Cedar LNG FID pushed back

Canada’s Pembina Pipeline and the Haisla Nation have again postponed a final investment decision on their Cedar floating LNG...

Hyundai Samho to build LNG carrier quartet for $1.08 billion

South Korea's Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.08...

Eni to ship Congo’s first LNG cargo

Italy’s Eni will soon ship the first liquefied natural gas cargo from its Tango floating LNG facility moored in...

More News Like This

QatarEnergy plans to book more giant LNG carriers in China

State-owned LNG giant QatarEnergy is looking to order more Q-Max LNG carriers in China as part of its massive...

GTT confirms order for eight Q-Max LNG carriers

French LNG containment giant GTT said it had secured a large tank design order for eight new very large...

Another LNG-fueled containership joins CMA CGM’s fleet

French shipping giant CMA CGM has welcomed another LNG-powered containership in its fleet. Chinese shipbuilder Hudong-Zhonghua has on Wadnesday hosted...

Hudong-Zhonghua launches LNG-fueled CMA CGM Belem

Chinese shipbuilder Hudong-Zhonghua has launched the 13,000-teu LNG-powered containership, CMA CGM Belem. The shipbuilder held the launching ceremony for the...