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.

Most Popular

Woodside terminates Commonwealth LNG SPA

Australian LNG player Woodside has terminated its two LNG sale and purchase agreements with US LNG terminal developer Commonwealth LNG.

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.

Thailand in Alaska LNG talks

Thailand's PTT and Egco will engage in further discussions to potentially participate in the development and buy volumes from the planned Alaska LNG project, according to Thailand's Ministry of Energy.

More News Like This

MSC’s GNV orders four LNG-powered ships in China

MSC's Grandi Navi Veloci (GNV) has ordered four new LNG-powered ropax ships at China’s Guangzhou Shipyard International (GSI).

LNG-fueled MSC San Francisco delivered in China

China’s Yangzijiang Shipbuilding has handed over the LNG dual-fuel containership, MSC San Francisco, to Switzerland-based MSC.

Jiangnan to build one LNG bunkering vessel for SIPG

Chinese shipbuilder Jiangnan has secured a contract to build one large LNG bunkering vessel for compatriot Shanghai International Port (SIPG).

MSC orders more LNG-powered containerships in China

Switzerland-based shipping giant MSC has ordered more LNG dual-fuel vessels from China’s Hengli Heavy Industry, a part of Hengli Group, according to shipbuilding sources.