Hudong-Zhonghua kicks off LNG carrier work for MOL and CNOOC

Chinese shipbuilder Hudong-Zhonghua has started building the first out of six new 174,000-cbm LNG carriers for Japan’s MOL and compatriot CNOOC.

Hudong-Zhonghua held a steel-cutting ceremony for the vessel with a working name H1880A on August 5, it said in a statement.

MOL, in a partnership with COSCO Shipping’s unit CSLNG, ordered these six vessels from Hudong-Zhonghua in January this year for about $1.17 billion.

All of the ships will serve CNOOC’s gas and power unit under long-term charter deals.

Part of Hudong-Zhonghua’s fifth-generation Changxeng series, the 299 meters long vessels will feature WinGD’s X-DF dual-fuel engines and GTT’s NO96 Super+ containment system.

The Chinese shipbuilder will deliver the vessels from 2024 through 2026.

Hudong-Zhonghua kicks off LNG carrier work for MOL and CNOOC
Image: Hudong-Zhonghua

Hudong-Zhonghua has this year won several orders for LNG carriers.

This includes the six 174,000-cbm LNG carriers for the second CNOOC transportation project. Japan’s NYK ordered these vessels with CNOOC and China Merchants Group.

In addition to these 12 vessels worth about $2.4 billion, COSCO Shipping also ordered two vessels for charter to Sinochem, while MOL ordered four ships for charter to QatarEnergy.

CSSC Shipping also placed an order in January this year.

Most Popular

Woodside issues Louisiana LNG construction update

In October 2024, Woodside acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per share....

Trump lifts pause on non-FTA LNG export approvals

Trump issued the executive order, which was widely expected, just hours after officially taking over his second four-year term...

YPF, Indian firms ink Argentina LNG deal

According to a statement by YPF, the firm signed the MoU with GAIL, Oil India, and ONGC Videsh...

More News Like This

MOL’s third LNG-fueled ferry enters service

MOL's third LNG-powered ferry, Sunflower Kamuy, has entered service on the Oarai-Tomakomai route in Japan. This is the first of...

Hudong-Zhonghua delivers new QatarEnergy LNG carrier

China's Hudong-Zhonghua has delivered another 174,000-cbm liquefied natural gas (LNG) carrier built as part of the massive QatarEnergy shipbuilding...

MOL and Jera pen new charter deal for newbuild LNG carrier

MOL said in a statement on Wednesday it has signed the long-term charter deal with a vessel operation management...

MOL, TotalEnergies name newbuild LNG carrier in South Korea

South Korea’s Hanwha Ocean held on Friday a naming ceremony for one 174,000-cbm LNG carrier it built for Japan's...