LNG Carrier CESI Qingdao Delivered for SINOPEC LNG Project
Jan 10, 2017
2nd in series of 6 Newbuilding LNG Carriers to Serve Project
TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL) today announced that the LNG carrier CESI Qingdao — ordered by a joint venture of MOL, China COSCO Shipping Corporation Limited (China COSCO Shipping) and China Petroleum & Chemical Corporation (SINOPEC) — was delivered at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong) on January 6. The CESI Qingdao is the second vessel to serve the China FOB Transportation Project” announced in April 2013, and will sail under a long-term charter to transport LNG that SINOPEC purchases from the Australia Pacific LNG project.
A total of 6 LNG carriers will be built at Hudong for the project. The first vessel, the CESI Gladstone, was delivered at the end of October, 2016. The remaining four will be delivered in succession by 2018.
MOL strives to meet expanding and diversified transport needs associated with growing worldwide demand for LNG by leveraging the experience accumulated in international joint projects, while providing value-added transport services to customers around the world.
Outline of CESI Qingdao
Length
290.0m
Breadth
45.60m
Draft
11.70m
LNG Tank
Membrane type
Cargo Tank Capacity
174,100m3
Main Engine
Dual fuel diesel electric
Speed
19.5 knots
Shipyard
Hudong-Zhonghua Shipbuilding (Group) Co., Ltd
Ship Management Company
China Energy Ship Management Co., Limited Mitsui O.S.K. Lines, Ltd. (MOL) 20%,
Ownership
MOL 20%、CESI 80%
* JV of China COSCO Shipping 51%/SINOPEC: 49%
Whats this about?
It is the “uncontained” shipments that draw a lifetime allegiance of purveyors of the business. As one MPV (Multi Purpose Vessel) analyst bluntly said as an aside, “Boxes are boring.”
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