CNOOC to fuel GNG Ocean’s 50 small LNG-powered bulkers

China National Offshore Oil Company (CNOOC) said on Tuesday it signed a deal to supply LNG to GNG Ocean Shipping’s recently ordered fleet of small bulk carriers.

CNOOC said in a statement that its gas and power unit would fuel the 50 LNG-powered vessels, but the state-owned energy giant did not reveal any additional information.

To remind, Zhujiang Shipping, a unit of state-owned GNG Ocean, said earlier this month it chose China State Shipbuilding Corporation’s Guijiang Shipbuilding to build the LNG-powered bulkers.

It will deploy the ships on the Pearl River in Guangdong province.

Guijiang will build twenty-five 2,000 dwt vessels and the same amount of 3,000 dwt carriers.

In addition, the deal has a price tag of about 659 million yuan ($101 million).

All the vessels would feature only LNG propulsion, according to Zhujiang Shipping.

Most Popular

Venture Global seeks FERC OK for CP2 LNG expansion

US LNG exporter Venture Global LNG has filed a new application with the US FERC seeking approval to add approximately 11.7 million metric tonnes per annum of capacity at its CP2 LNG project in Louisiana.

Australia’s Woodside denies takeover talks with ExxonMobil

Australian LNG player Woodside said on Monday that it is not in discussions with US energy giant ExxonMobil regarding a potential transaction following media reports.

Yangzijiang charters its first LNG carrier

Chinese private shipyard Yangzijiang Shipbuilding has chartered its first 175,000-cbm liquefied natural gas (LNG) carrier to capitalize on opportunities arising from the volatile market

More News Like This

MOL’s LNG carrier named in China

China’s Hudong-Zhonghua has completed a new 174,000-cbm LNG carrier built for Japan's MOL and Cosco Shipping’s unit CSLNG.

CLP, CNOOC in another Hong Kong LNG bunkering move

Hong Kong's CLP and China National Offshore Oil Corporation (CNOOC) have completed what they claim is Hong Kong’s first LNG ship-to-ship bunkering operation for a very large crude carrier.

China’s CNOOC makes first LNG deliveries to Turkiye and Italy

China National Offshore Oil Corporation (CNOOC) continues to expand its international LNG business with first deliveries to Turkiye and Italy.

China’s CNOOC delivers its first LNG cargo to Senegal

China National Offshore Oil Corporation (CNOOC) has recently delivered its first liquefied natural gas (LNG) cargo to Senegal.