China’s Shenzhen Gas to order LNG carrier at Hudong

China’s Shenzhen Gas has approved investment into a 79,960 cbm LNG carrier, marking its first entry into the liquefied natural gas shipping business.

The city gas distributor will order the mid-sized LNG carrier at compatriot Hudong-Zhonghua Shipbuilding for about $121 million, it said in a statement.

In addition, the total costs of the project would reach about $140 million. The firm also aims to establish a unit that will own the vessel.

Furthermore, the vessel will feature GTT’s NO96 containment system and serve its facility at Yantian port in the city of Shenzhen with an annual capacity of 800,000 tonnes. The facility has one LNG jetty and an 80,000 cbm storage tank.

Hudong is already building two similar LNG carriers for Japan’s shipping giant K-Line which will go on charter to Petronas.

These 239 meters long vessels feature WinGD’s dual-fuel X-DF engine and GTT’s NO96 containment system.

Most Popular

Novatek installs Arctic LNG 2 GBS

Russian LNG exporter Novatek has completed the installation of the first gravity-based structure platform which will serve its Arctic...

Cheniere inks long-term LNG supply deals with QatarEnergy

US LNG exporter Cheniere has entered into long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned LNG giant QatarEnergy to supply 4 million tonnes per annum (mtpa) of LNG through 2054.

NFE in Puerto Rico LNG supply contract dispute

The Puerto Rico Electric Power Authority (PREPA) and US LNG player New Fortress Energy are in dispute over liquefied natural gas (LNG) deliveries under their long-term LNG supply deal, according to the Financial Oversight and Management Board for Puerto Rico.

More News Like This

MISC orders five more LNG carriers in China

Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.

MISC JV seals Malaysian LNG carrier charter deal

A joint venture of Malaysian LNG shipping firm MISC and Japan's NYK has signed a long-term charter agreement with Malaysia LNG (MLNG), a unit of Petronas and operator of the giant Bintulu LNG complex, for one 18,700-cbm LNG carrier.

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.