Tiger Gas takes delivery of third LNG tank carrier

Hong Kong-based Tiger Gas, led by former Seaspan CEO Gerry Wang, has taken delivery of the third out of four LNG ISO tank carriers in China.

China’s Yangzijiang Shipbuilding said in a statement on Sunday that the vessel named Tiger Lianyungang has already left the yard on its maiden voyage.

This vessel follows the first CCS-classed vessel, Tiger Longkou, that joined Tiger Gas in January, and Tiger Maanshan in February.

These ships are the world’s largest LNG tank carriers with a capacity to carry 690 40ft LNG ISO tanks or about 15,000 tons of LNG.

The 192 meters long vessels have LNG dual-fuel engines and also feature type C tanks. CSSC Hudong Heavy Machinery provided the engines and the fuel gas supply system (FGSS), Yangzijiang previously said.

Yangzijiang said the ships would operate at a speed of 16 knots and while sailing on LNG would have a range of up to 5,000 nautical miles.

All of the ships will be capable of transporting ISO tanks in both deep sea and inland waters such as the Yangtze River.

Containership move

Tiger Gas previously planned to use these vessels to mainly transport ISO tanks from Malaysia to China.

However, Tiger Gas chartered the first vessel in this batch, Tiger Longkou, to Hong Kong-based shipping firm SITC.

SITC said in a statement in February it would use the vessel to transport containers on its China-Japan route.

It remains unclear whether the other two delivered tank carriers would also work as containerships.

Alphaliner said earlier this year that this could be the case for all the four vessels due to a strong and profitable containership market.

Besides this, one source told LNG Prime on Monday that one of the reasons for the switch could be that Petronas is currently not so much interested in ISO tank deliveries due to very high LNG prices, making these deliveries way to expensive for customers.

Most Popular

Venture Global LNG wraps up $2.5 billion senior notes offering

Venture Global LNG's unit, Plaquemines LNG, has closed its $2.5 billion offering of senior secured notes.

MSC orders more LNG-powered containerships in China

Switzerland-based shipping giant MSC has ordered more LNG dual-fuel vessels from China’s Hengli Heavy Industry, a part of Hengli Group, according to shipbuilding sources.

Excelerate in $700 million senior notes offering

US FSRU player Excelerate Energy aims to raise about $700 million via an offering of unsecured senior notes due 2030.

More News Like This

LNG-powered MSC Germany delivered in China

China’s Yangzijiang Shipbuilding has handed over the LNG dual-fuel containership, MSC Germany, to Switzerland-based MSC.

MSC adds another LNG-powered containership to its fleet

China’s Yangzijiang Shipbuilding has handed over the LNG dual-fuel containership, MSC Annamaria, to Switzerland-based shipping giant MSC.

Yangzijiang secured orders for 38 LNG-powered containerships in 2024

Chinese private shipyard Yangzijiang Shipbuilding has secured orders for 38 LNG dual-fuel and 23 methanol dual-fuel containerships in 2024.

Hapag-Lloyd to add more LNG-powered containerships to its fleet

Germany's Hapag-Lloyd is expected to add more LNG dual-fuel container vessels to its fleet with a new order at South Korea's Hanwha Ocean, according to shipbuilding sources and brokers.