Jiangnan starts work on Jovo’s LNG carrier

China’s Jiangnan Shipyard has started building a 79,800 cbm LNG carrier for compatriot energy firm Jovo.

To mark the construction start, the state-owned yard in Shanghai held a steel-cutting ceremony on December 28, it said in a statement.

The vessel will have dual-fuel engines and GTT’s Mark III Flex containment system.

According to Jiangnan, this would be the first LNG carrier built in China to have the Mark III technology.

In addition, Jiangnan is entering the mid-scale LNG carrier market with this project as it also looks to build its first large LNG vessel.

The yard has recently signed a letter of intent with CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, to build up to two large LNG vessels.

Jiangan starts work on Jovo's LNG carrier
Image: Jiangnan Shipyard

As per the mid-scale LNG carrier, Jovo revealed this order in August. The independent firm said in a separate statement it would name the vessel Mulan Spirit.

Under its shipbuilding plan, Jovo also ordered one 93,000 cbm very large gas carrier (VLGC) at Jiangnan.

Jovo expects the entire project to complete in the first quarter of 2024.

- Advertisements -

Most Popular

Golar buys vessel for third FLNG project

Golar LNG has exercised its option to acquire the 148,000-cbm Moss-type carrier, Fuji LNG, which it aims to convert...

Australia’s Woodside investigating Pluto LNG incident

Australian LNG player Woodside has launched an investigation following an incident that took place on Friday at its Pluto...

Gas leak shuts Equinor’s Hammerfest LNG terminal

Norway's Equinor has closed its 4.3 mtpa Hammerfest LNG export plant due to a gas leak. "I can confirm that...

More News Like This

GTT’s smart shipping unit scores LNG carrier gig from Jovo

GTT's unit Ascenz Marorka has secured two contracts from Chinese energy firm Jovo to equip two LNG carriers with...

CMA CGM orders new LNG-powered giants in China

French shipping giant CMA CGM has ordered four more ultra-large LNG-powered containerships and also methanol-fueled vessels at CSSC's yards...

China’s Jiangnan to build LNG carrier duo for $470 million

China’s Jiangnan Shipyard has secured a contract to build two liquefied natural gas (LNG) carriers worth about $470 million. China...

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...