Cosco Shipping’s LNG-powered VLCC sets out for sea trials

China’s Dalian Shipbuilding (DSIC) continues to progress work on the first LNG-powered VLCC for Cosco Shipping Energy Transportation, a unit of Cosco.

The 333 meters long Yuan Rui Yang left the yard in Dalian on September 3 to start its sea trials, according to DSIC.

With a deadweight of about 319,000 tons, the LNG-powered vessel features WinGD’s dual-fuel propulsion. It also has two 3500-cbm LNG storage tanks, DSIC said.

CSSC’s DSIC claims this vessel is the world’s first LNG-powered very large crude carrier. It should deliver the ship to Cosco Shipping by the end of this year.

Cosco Shipping’s initial order at DSIC included four 319,000-dwt VLLCs but it amended the contract to add LNG power to one of the ships in December 2019. The firm said then the upgrade would cost an additional $6 million.

The shipping giant has a large fleet of oil tankers but also LNG vessels. As of January 20, 2021, the company had a total of 41 jointly-invested LNG vessels, including 38 LNG ships in operation and three under construction, according to Cosco Shipping’s website.

- Advertisements -

Most Popular

QatarEnergy picks shipowners for 18 giant LNG carriers

LNG giant QatarEnergy has selected shipowners to own and operate 18 Q-Max LNG carriers as part of its massive...

VTTI, IKAV to take majority stake in Italy’s Adriatic LNG terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, joined forces with German asset manager IKAV to...

Seapeak says working on charter and other opportunities for six LNG carriers

Stonepeak's Seapeak is pursuing various opportunities relating to six of its liquefied natural gas (LNG) carriers which are scheduled...

More News Like This

Hudong-Zhonghua launches two LNG carriers

Chinese shipbuilder Hudong-Zhonghua has on Sunday launched two liquefied natural gas carriers as it looks to deliver in total...

XSI launches LNG-powered PCTC for Cosco Shipping’s JV

China’s Xiamen Shipbuilding Industry (XSI) has launched one LNG-powered pure car and truck carrier it is building for BoComm...

China Gas, Wah Kwong, and CSSC Shipping decide to order LNG carrier duo

China Gas, Wah Kwong Maritime Transport, and CSSC Shipping have agreed to establish a new joint venture and order two...

DSIC kicks off work on CMES LNG carrier duo

China’s Dalian Shipbuilding Industry (DSIC) has officially started building two 175,000-cbm LNG carriers for compatriot China Merchants Energy Shipping...