Hudong-Zhonghua Shipbuilding Gets Order for 6th LNG Carrier

Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., a large shipbuilder under the wing of China Shipbuilding Group Corporation (CSSC), has just received the order for its sixth LNG (liquefied natural gas) carrier after it suceeded in building the first five LNG vessels. On February 7, the shipbuilder signed the order with Shanghai LNG Shipping Co, reported to be a joint venture among China LNG Shipping (Holdings) Co., Shenergy Group, and China National Offshore Oil Corp. (CNOOC).
After the newly-ordered LNG carrier is delivered, it will serve the LNG terminal in the eastern metropolis of Shanghai. It is to be responsible for LNG transportation from Malaysia to Shanghai for more than 20 years.
The signing of the order is believed to give a big leg up to the construction of China's ocean energy shipping channel and the implementation of the national energy strategy. It has gained the support from many parties, including the National Development and Reform Comission (NDRC), the National Energy Administration (NEA), Bank of China (BOC), Shenergy, and CNOOC.