NG carrier CESI Tianjin delivered for SINOPEC LNG project
Sep 27, 2017
4th in Series of 6 New LNG Carriers
TOKYO - Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that the LNG carrier CESI Tianjin, which was ordered by the 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 September 26. The CESI Tianjin is the fourth vessel to serve the LNG transport project for SINOPEC announced in April 2013 (*1), and will sail under a long-term charter contract to transport LNG that SINOPEC will purchase from the Australia Pacific LNG Project.
A total of six newbuilding LNG carriers are being built at Hudong. The first vessel, the CESI Gladstone was delivered in October 2016, the second, the CESI Qingdao in January 2017, and the third, the CESI Beihai, in June 2017 (*2). The remaining two are slated to be delivered by 2018.
MOL takes a proactive stance in acquiring new projects while newly leveraging this experience in international joint projects, and strives to offer value-added transport services to customers all over the world.
Outline of CESI Tianjin
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 MOL 20%、
China Energy Shipping Investment Co., Limited (*3) (CESI) 80%
Ownership
MOL 20%, CESI 80%
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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