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Sea Jade Investment jv orders four LNG carriers at DSIC

Dalian Shipbuilding Industry Company (DSIC) has signed a contract for the construction of up to four 175,000 cu m LNG carriers with new joint venture Sea Jade Investment Limited.

Michele Labrut, Americas Correspondent

August 24, 2023

1 Min Read
DSIC aeriel view
Photo: DSIC

Sea Jade is a new a joint venture owned by Hong Kong-based shipping company Wah Kwong, China Gas and China Ship Leasing. The order is for the construction of two firm LNG carriers plus two options.

The ships will be built at DSIC’s headquarters and classed by the China Classification Society (CCS). DSIC said that it has already secured the construction of over 10 LNG carriers.

These vessels are an independently developed creation by Dalian Shipbuilding, featuring a substantial cargo capacity of 175,000 cu m. Employing the Mark III Flex cargo containment system developed by the GTT, the ships come equipped with four cargo tanks.

Each vessel incorporates two WinGD LNG dual-fuel low-speed main engines, coupled with the integration of the iCER system.

The vessel design includes an optimised twin-stern line, high-efficiency propellers, and rudders with bulbous bow, all of which bolster hydrodynamic performance and enhance safety redundancy within the propulsion system. With the inclusion of four dual-fuel generators, the ship’s design is optimised to cater to power load demands across various operational scenarios.

DSIC said that the contract signing has deepened its cooperation with China Gas, Wak Kwong and CSSC Shipping

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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