Hudong-Zhonghua delivers LNG carrier to CSSC Shipping

China’s Hudong-Zhonghua has delivered the 174,000-cbm liquefied natural gas (LNG) carrier, Wen Cheng, to CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation.

The CSSC-controlled shipbuilder said it broke a new record by delivering the LNG carrier three and half months ahead of schedule.

Hudong-Zhonghua held Wen Cheng’s naming ceremony on Tuesday and will officially hand over the ship on October 11.

The shipbuilder started building this 174,000-cbm vessel in December 2021 and laid the keel in September last year.

In August, Wen Cheng completed its gas trials in only five days. Prior to this, the LNG carrier completed its sea trials in less then two days.

Hudong-Zhonghua says the quay construction cycle of the ship classed by LR and CCS took more than 7 months, the fastest in the world for large LNG carriers.

Hudong-Zhonghua delivers LNG carrier to CSSC Shipping
Image: Hudong-Zhonghua

Third vessel of four

This is the third of four LNG carriers CSSC Shipping ordered at Hudong-Zhonghua.

The shipbuilder already built two 174,000-cbm LNG carriers for CSSC Shipping as part of a contract signed in December 2019, while the two firms signed a shipbuilding contract for the third LNG carrier in July 2021.

The fourth vessel, LNG Geneva, is also part of the original 2+1+1 contract signed in 2019.

This vessel recently completed both its sea and gas trials in five and a half days, setting a record for the shortest trials of a large LNG carrier, Hudong-Zhonghua claims.

Hudong-Zhonghua delivers LNG carrier to CSSC Shipping
Image: Hudong-Zhonghua

The first vessel Mu Lan serves PetroChina under a charter deal, while the second vessel Gui Ying, works for Geneva-based trader Gunvor.

Hudong-Zhonghua did not mention who is the charterer of Wen Cheng.

Sources said that Wen Cheng will serve PetroChina and LNG Geneva will serve Gunvor under charter deals.

Part of Hudong’s fourth-generation Changxing series, the 295 meters long LNG carriers feature WinGD’s X-DF dual-fuel engines and GTT’s NO96 L03+ containment system.

LNG carrier deliveries

The Chinese shipbuilder said this is the fourth LNG carrier it has delivered this year as it works to double its LNG shipbuilding capacity.

Hudong-Zhonghua plans to deliver two more LNG vessels by the end of this year for a total of six ships, setting a new record for the number of LNG carriers delivered in a year.

At present, there are 12 LNG vessels under construction at the yard, Hudong-Zhonghua said.

Most Popular

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

More News Like This

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

CMA CGM’s LNG-powered giant floated out in China

China’s Hudong-Zhonghua has launched the third in a new series of 24,000-teu LNG dual-fuel containerships for French shipping giant CMA CGM.

Cosco Shipping Development, MOL seal sale and leaseback deal for LNG carrier

Cosco Shipping Development, a unit of Cosco Shipping, has entered into a sale and leaseback agreement with a unit of Japan's MOL for one 271,000-cbm LNG carrier.

Another QatarEnergy LNG carrier named in China

Chinese shipbuilder Hudong-Zhonghua hosted a naming ceremony for another LNG carrier built under the massive QatarEnergy shipbuilding program.