A steel cutting ceremony was held at Hudong-Zhonghua Shipbuilding for the second of three 174,000-m3 LNG carriers for PetroChina and COSCO Shipping Energy Transportation Co (CSET)
Designed by the Chinese shipbuilder, the vessel, H1832A, is being constructed to both class rules for Lloyd’s Register and China Classification Society. Each vessel in the series will have a length overall of 295 m, beam of 45 m and depth of 26.25 m, with a speed of 19.5 knots. Propulsion will be supplied by WinGD X-DF Otto-cycle, dual-fuel, low-pressure engines.
Hudong-Zhonghua anticipates the daily fuel consumption for the ship will be less than 100 tonnes.
Each LNG carrier in the series is priced at US$185M apiece, according to BRL Weekly Newbuilding – putting the value of investment in the series at US$555M.
COSCO SHIPPING LNG Investment (Shanghai) Co (Shanghai LNG), a wholly owned subsidiary of CSET, and China LNG Shipping (Holdings) Limited (CLNG), in which the group holds 50% equity, are currently the only two large-scale LNG shipping companies in China.
In October, Shanghai LNG and Japan’s Mitsui OSK Lines (MOL), took delivery of LNG Megrez, the last of four conventional LNG sister ships for the Yamal LNG project. Other vessels in the series are LNG Phecda, delivered in September 2020, LNG Dubhe and LNG Merak, delivered in November 2019 and January 2020 respectively.
Similar to these latest newbuildings for CSET, LNG Megrez has an overall length of 295 m, width of 45 m, a design draught of 11.5 m, and a structural draught of 12.5 m. Propulsion power is supplied by two WinGD W6X72DF dual-fuel engines, produced by CMD, providing a service speed of 19.5 knots.
LNG Megrez is fitted with GTT NO96 LO3+ liquid cargo membrane tank system, which can reduce the daily evaporation rate by 33% compared to the traditional NO96 tank, significantly improving overall cost effectiveness.
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