Tiger gas orders LNG tank carriers at Yangzijiang

China’s Yangzijiang Shipbuilding has won an order from Hong Kong-based Tiger Gas to build LNG ISO tank carriers.

The deal includes a firm order for two vessels with options for eight more, the shipyard said on Tuesday.

The order has a price tag of $102 million but it includes two bulkers for Shanghai Ganglu Shipping.

The duo will jointly design the tank carriers with a “strong focus on environmental protection and energy efficiency features”.

Propelled by dual-fuel engines, the vessels will be capable of transporting cargo in both deep sea and inland waters such as the Yangtze River.

Yangzijiang expects to deliver the first LNG-powered vessel in the begining of 2022.

This order comes on the back of a deal signed in May between Tiger Clean Energy, a unit of Tiger Gas, and Malaysia’s Petronas.

The Malaysian giant will supply LNG from its Bintulu plant to Tiger’s ISO tank facility on the island of Borneo .

Tiger, led by former Seaspan CEO Gerry Wang, will then deliver the fuel in ISO tanks to locations in China.

- Advertisements -

Most Popular

BP, PetroChina book capacity at Dutch Gate LNG terminal

BP and a unit of PetroChina have agreed to book long-term capacity at the Dutch Gate LNG import terminal,...

TotalEnergies releases Mozambique LNG report

French energy giant TotalEnergies on Tuesday released a report regarding the humanitarian situation in the province of Cabo Delgado,...

LNG carrier Golar Gandria sold for demolition

Floating LNG player Golar LNG has sold its 1977-built LNG carrier, Golar Gandria, for demolition, according to brokers. The 125,000-cbm...

More News Like This

Chinese yard launches first LNG-powered containership for Seaspan and Zim

China’s Jiangsu New Yangzi, a part of Yangzijiang Shipbuilding, has launched the first 7,000-teu LNG dual-fuel container vessel it...

CMA CGM looking to order new LNG-powered giants

French shipping giant CMA CGM is looking to order more ultra-large LNG-powered containerships in China and South Korea, according...

Petronas, Tiger Gas complete first LNG bunkering op

Malaysia's energy giant Petronas said it had completed the first LNG bunkering operation with its Chinese partner Tiger Gas. With...

Yangzijiang working on Yangtze LNG hub

Chinese private shipyard Yangzijiang Shipbuilding is working on a liquefied natural gas (LNG) storage and distribution terminal on the...