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Home›Business & Finance›Chinese shipbuilder picks up two large LNG carrier orders
Business & Finance

April 30, 2024 · about 2 years ago

Chinese shipbuilder picks up two large LNG carrier orders

China’s Dalian Shipbuilding has signed a contract to build two 175,000 cubic meter large-scale LNG vessels for Ocean Jade Invested Limited.

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Time charter signing ceremony; Source: China Association of the National Shipbuilding Industry

China’s Dalian Shipbuilding Industry Company (DSIC) and its parent company China State Shipbuilding Corporation (CSSC) have co-signed a contract to build two 175,000 cubic meter large-scale liquefied natural gas (LNG) vessels for Ocean Jade Invested Limited, a joint venture between China Gas, Huaguang Shipping, and CSSC Leasing.

According to DSIC, the two vessels will feature GTT’s Mark III Flex cargo containment system and be equipped with four cargo holds. The liquid cargo system will have a liquefaction system and be used exclusively for transporting LNG.

The vessel duo will be powered by two WinGD LNG dual-fuel low-speed main engines, coupled with an iCER system, which not only reduces fuel and gas consumption but also makes vessels compliant with the International Maritime Organization’s emission standards in both fuel and gas modes.

The carriers are set to be equipped with the optimized double stern lines, high-efficiency propellers, and a twisted rudder with a rudder ball to improve the hydrodynamic performance and enhance the redundancy of the propulsion system.

With the ability to dock at most large LNG shore terminals, the carriers are said to have excellent portability and ship-shore compatibility. Four dual-fuel generators can cover the power load needs of the entire ship under different working conditions.

The project will be built at Dalian Shipbuilding headquarters, which brings the total number of LNG carriers built there to 15.

DSIC recently started building two 175,000 cubic meter LNG carriers for China Merchants Energy Shipping (CMES). Additionally, the firm was hired by Malaysia’s MISC to build two ammonia dual-fuel Aframaxe s, said to be the first in the world.

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