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China Merchants Industry bags order for up to eight LNG carriersChina Merchants Industry bags order for up to eight LNG carriers

China Merchants Industry and an undisclosed European owner have entered into a contract for the construction of four 180,000 cu m LNG carriers plus four options.

Katherine Si, China Correspondent

January 3, 2023

1 Min Read
China Merchants LNG carrier design by Deltamarin
Image: Deltamarin

The contract comprises four firm orders and two options for two vessels apiece. The newbuilds, jointly designed by Deltamarine and China Merchants Industry’s Haimen production base in Jiangsu province, will equip the vessels with a GTT Mark III Flex system. The first ship is due for delivery at the beginning of 2026.

In October 2022, China Merchants Heavy Industry-Jiangsu and GTT signed a Technical Assistance and License Agreement to enable the yard to construct vessels using GTT membrane technologies.

China Merchants Industry is the leading LNG carrier repair and conversion yard in China. The new order is a significant breakthrough for the company to enter into LNG carrier construction market, said China Merchants Industry.

 

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About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

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