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.

- Advertisements -

Most Popular

Golden Pass LNG to ramp up construction activities after Zachry deal

QatarEnergy and ExxonMobil will ramp up construction activities at the Golden Pass LNG export terminal in Texas after a...

Hudong-Zhonghua confirms TotalEnergies order for LNG bunkering vessel

China’s Hudong-Zhonghua said it had secured an order to build one 18,600-cbm LNG bunkering vessel for French energy giant...

India was top destination for US LNG cargoes in May

India was the top destination for US liquefied natural gas cargoes in May, as Asia overtook Europe as the...

More News Like This

Jiangnan hands over SAIC Anji’s second LNG-fueled PCTC

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

Jiangnan hands over LNG-fueled CMA CGM Maui

Chinese shipbuilder Jiangnan has delivered the LNG-powered containership, CMA CGM Maui, to French shipping giant CMA CGM. The shipbuilder announced...

Jiangnan launches Adnoc’s LNG carrier

China’s Jiangnan Shipyard has floated out the first 175,000-cbm LNG carrier it is building for a unit of UAE’s...

Jiangnan delivers LNG-fueled CMA CGM Grace Bay

Chinese shipbuilder Jiangnan has delivered the 15,000-teu LNG-powered containership, CMA CGM Grace Bay, to French shipping giant CMA CGM. The...