Jiangnan confirms Adnoc LNG carrier order

China’s Jiangnan Shipyard confirmed it has secured an order from a unit of UAE’s Abu Dhabi National Oil Co (Adnoc) to build two large LNG carriers.

The shipbuilder controlled by China State Shipbuilding Corporation said in a statement on Wednesday it has signed the contract with Adnoc Logistics & Services.

Under the deal, Jiangnan would build two 175,000-cbm “LNG Jumbo” carriers featuring GTT’s Mark III Flex membrane system, it said.

Jiangnan said the dual-fuel carriers would also have a partial reliquefaction system.

This is the shipbuilder’s first order for large LNG carriers. It also marks China’s first order in the field of large LNG carriers for the international market, Jiangnan said.

Jiangnan did not reveal the price tag of the deal or the delivery windows for the vessels.

LNG Prime reported on this order, citing sources, on March 2.

The order also includes an option for two additional vessels, the sources said.

Adnoc would pay about $200 million per ship while Jiangnan would deliver the LNG carriers in the first half of 2025, the sources said.

Most Popular

Shell ships first LNG Canada cargo

LNG giant Shell and its partners have shipped the first cargo produced at the LNG Canada facility in Kitimat, on the west coast of Canada.

Posco E&C secures contract for Thailand’s third LNG terminal

Posco E&C, a unit of South Korea’s top steel producer Posco, has secured a contract from Gulf Development for Thailand's third LNG import terminal.

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

More News Like This

Santos enters exclusive due diligence with Adnoc-led consortium

Australian LNG player Santos has entered into a process and exclusivity agreement with a consortium led by Adnoc's investment unit, XRG, related to the latter's $18.7 billion takeover offer.

India’s ITD Cementation scores Ruwais LNG jetty gig

India's ITD Cementation has won a contract to build a jetty for Adnoc's Al Ruwais LNG export project in the UAE.

SAIC Anji takes delivery of new LNG-powered PCTC

China’s Jiangnan Shipyard has delivered a new LNG-powered pure car and truck carrier to compatriot SAIC Anji Logistics.

Santos gets $18.7 billion takeover offer from Adnoc-led consortium

Australian LNG player Santos has received a takeover offer valued at $18.7 billion from a consortium led by Adnoc's investment unit XRG.