China State Shipbuilding Corporation’s Guijiang Shipbuilding has officially started construction activities on GNG Ocean’s LNG-powered bulk carriers after it secured the contract last month.
To remind, Zhujiang Shipping, a unit of state-owned GNG Ocean, said in March it chose Guijiang Shipbuilding to build fifty small LNG-powered bulkers.
It will deploy the ships which feature only LNG propulsion on the Pearl River in Guangdong province.
To mark the construction start on the LNG-powered bulkers, Guijiang Shipbuilding held a ceremony on Wednesday, it said in a statement.
Guijiang will build twenty-five 2,000 dwt vessels and the same amount of 3,000 dwt carriers. The vessels are classified by China Classification Society.
Zhujiang Shipping previously said the deal has a price tag of about 659 million yuan ($101 million).
In addition, China National Offshore Oil Company (CNOOC) said earlier this week its gas and power unit would fuel the LNG-powered vessels.