Cosco’s LNG carrier nears delivery in China

Cosco Shipping Energy Transportation’s LNG carrier, Ocean Inspiration, which will serve a charter deal with Sinochem, has completed its trials, according to Chinese shipbuilder Hudong-Zhonghua.

Following completion of the “two-in-one” trial, the LNG carrier (H1892A) returned to Hudong-Zhonghua’s yard on Changxing Island on April 23, the CSSC-controlled shipbuilder said in a statement.

Hudong-Zhonghua did not say when it expects to deliver the vessel.

The shipbuilder officially started construction on this vessel in August 2023.

This is the first of two 174,000-cbm LNG carriers Hudong-Zhonghua built for the Sinochem project.

The LNG carrier is 295 meters long, 45 meters wide, and has a speed of 19.5 knots.

Image: Hudong-Zhonghua Shipbuilding

In May 2022, Cosco’s shipping arm signed shipbuilding deals for two LNG carriers worth about $430 million with compatriot Hudong-Zhonghua.

LNG Hong Kong, a unit of Cosco Shipping, entered the deals with CSSC’s Hudong-Zhonghua and China Shipbuilding Trading.

Under the contracts, Hudong-Zhonghua will deliver these vessels on or before October 31, 2025 and March 31, 2026, respectively.

Following delivery, the vessels will serve long-term charter deals with a Singapore-based shipping unit of China’s Sinochem.

Most Popular

YPF CEO: FID on second Argentina FLNG expected by July

Pan American Energy, Golar LNG, YPF, Pampa Energia, and Harbour Energy plan to take a final investment decision on Argentina's second floating LNG production unit by the end of July, according to YPF CEO Horacio Marin.

Botas, EGAS ink FSRU charter deal

Egypt's EGAS has signed a charter deal with Turkiye's Botas to deploy one of Turkiye's operational floating storage and regasification units in Egypt.

Glencore, Commonwealth LNG finalize 20-year supply deal

Switzerland-based energy trader Glencore has finalized its previously announced long-term agreement with Kimmeridge's Commonwealth LNG to buy liquefied natural gas from the latter's planned LNG export plant in Cameron, Louisiana.

More News Like This

QatarEnergy LNG carrier named in China

China’s Hudong-Zhonghua hosted a naming ceremony for one 174,000-cbm liquefied natural gas (LNG) carrier built as part of the massive QatarEnergy shipbuilding program.

Hudong-Zhonghua delivers CMA CGM’s LNG-powered giant

Chinese shipbuilder Hudong-Zhonghua has delivered CMA CGM’s first in a new series of 23,000-teu LNG dual-fuel containerships.

Hudong-Zhonghua launches LNG carrier

Chinese shipbuilder Hudong-Zhonghua has launched one 174,000-cbm liquefied natural gas (LNG) carrier it is building for NYK and CNOOC.

QatarEnergy LNG carrier completes trials in China

A 174,000-cbm liquefied natural gas (LNG) carrier built as part of the massive QatarEnergy shipbuilding program has completed its trials in China, according to Hudong-Zhonghua.