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

Japan’s LNG imports continue to drop

Japan’s liquefied natural gas (LNG) imports dropped for the third month in a row in March, according to the...

Papua New Guinea’s Kumul sells its first spot LNG cargo

Papua New Guinea’s national oil and gas company Kumul Petroleum said it had sold its first spot liquefied natural...

Oman LNG inks 10-year SPA with Shell

State-owned producer Oman LNG has signed a 10-year sales and purchase agreement with a unit of LNG giant Shell. Under...

More News Like This

Jiangnan hands over LNG-powered CMA CGM Cape Cod

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

Jiangnan launches CMA CGM’s LNG-powered duo

Chinese shipbuilder Jiangnan has launched two LNG-powered containerships it is building for French shipping giant CMA CGM. The vessels are...

GTT secures new contracts from China’s Jovo

French LNG containment giant GTT has secured new contracts from Chinese energy firm Jovo to support the latter's LNG...

Jiangnan delivers SAIC Anji’s LNG-fueled car carrier

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