DSIC starts work on LNG carrier for Chinese JV

China’s Dalian Shipbuilding Industry (DSIC) has officially started building a 175,000-cbm LNG carrier for a joint venture consisting of China Gas, Wah Kwong Maritime Transport, and CSSC Shipping.

According to a statement by DSIC, the shipbuilder held a steel-cutting ceremony on Thursday for the LNG carrier with a working name G175K-13.

DSIC said this is the 10th LNG carrier it has started building.

The LNG carrier will feature GTT’s Mark III Flex tech and two WinGD LNG dual-fuel low-speed main engines with the iCER system.

DSIC did not provide further details regarding the vessel.

Image: DSIC

VesselsValue data shows that China Gas, Wah Kwong Maritime Transport, and CSSC Shipping booked this LNG carrier and another vessel in 2023.

The JV, Sea Jade Investment, ordered two 175,000-cbm LNG carriers at DSIC in August 2023 with delivery scheduled in 2027.

In addition, the trio ordered two more LNG carriers with the same specifications at DSIC in April last year.

The second JV is Ocean Jade Investment.

Following delivery, the LNG carriers will serve China Gas Hongda Energy Trading, a unit of China Gas, under 20-year charter deals.

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