Companies

China gets first overseas order for LNG ships

(Xinhua)
Updated: 2011-01-17 09:09
Large Medium Small

BEIJING - China State Shipbuilding Corporation (CSSC) signed a contract with Exxon Mobil and Mitsui & Co Ltd on Saturday to build four LNG ships (liquefied natural gas), the nation's first overseas order for such an advanced carrier.

Hudong-Zhonghua Shipbuilding (Group) Co Ltd, a subsidiary of CSSC, will build the ships for Mitsui, a Japanese shipping giant.

The ships are scheduled for delivery between 2015 and 2016. The fleet will be used for shipping China's imports of liquefied natural gas from Australia and Papua New Guinea.

Related readings:
 China gets first overseas order for LNG ships CNOOC starts to build 4th LNG terminal
 China gets first overseas order for LNG ships Tianjin to become international shipping center
China gets first overseas order for LNG ships Full steam ahead for shipping insurance centers
 China gets first overseas order for LNG ships China's shipping company taps into Turkish market 
In 2009, Exxon Mobil contracted with China's major oil and gas producer PetroChina and refiner Sinopec to transport exports about 425 tons of liquefied natural gas per year.

A liquefied natural gas carrier is a tanker ship designed for transporting liquefied gas at a temperature of minus 163 degrees Celsius, and marks an important part in the LNG supply chain.

Only a handful of nations, such as the United States, Japan and the Republic of Korea, have the ability to build such ships.

Hudong-Zhonghua Shipbuilding (Group) Co Ltd is China's only LNG ship builder. Its first ship was delivered in April 2008. It has completed 5 vessels, with one still under construction.

The company did not disclose the price of the vessels.

Tan Yajun, general manager of CSSC, said the company would strive to deliver the ship with high quality craftsmanship and on schedule.