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

TotalEnergies supplies LNG cargo to PetroVietnam Gas

PetroVietnam Gas, a unit of state-owned PetroVietnam, has received a liquefied natural gas cargo from a unit of France's...

Spot LNG shipping rates nearly flat, European prices drop

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet remained steady this week, while European prices...

US LNG exports climb to 28 shipments

US liquefied natural gas exports rose in the week ending May 15 compared to the week before, with the...

More News Like This

Jiangnan plans to deliver first LNG carrier to Adnoc in December

China’s Jiangnan Shipyard aims to deliver the first 175,000-cbm LNG carrier it is building for a unit of UAE’s...

Jiangnan hands over LNG-powered CMA CGM Cape Cod

Chinese shipbuilder Jiangnan has delivered the 15,000-teu LNG-powered containership, CMA CGM Cape Cod, to French shipping giant CMA CGM. The...

Jiangnan launches CMA CGM’s LNG-powered duo

Chinese shipbuilder Jiangnan has launched two LNG-powered containerships it is building for French shipping giant CMA CGM. The vessels are...

GTT secures new contracts from China’s Jovo

French LNG containment giant GTT has secured new contracts from Chinese energy firm Jovo to support the latter's LNG...