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Jiangnan Shipyard wins order for four LPG carriers

2013-07-23 08:32

Jiangnan Shipyard (Group) Co., Ltd., a subsidiary of China State Shipbuilding Corporation, has received orders for up to 5 small LPG carriers from Navigator Gas.

Navigator Gas announced on the 18th local time that it has signed shipbuilding contracts with Jiangnan Shipyard for one 21,000 CBM semi-pressurized/refrigerated ethylene carrier and two 22,000 CBM semi-refrigerated LPG carriers. The total value of the contracts is approximately US$138 million, with deliveries scheduled for 2015.

The contracts include options for two 22,000 CBM semi-refrigerated LPG carriers, with the options expiring in October this year.

These handy-sized LPG carriers are equipped with the latest eco-friendly technologies, such as electronically controlled main engines, optimized hull forms, fuel-efficient propellers, and LNG fuel conversion capabilities, significantly improving fuel efficiency and reducing harmful emissions, making them environmentally friendly vessels.

In April last year, the two companies had signed shipbuilding contracts for four similar LPG carriers.

In addition, famous American investor Wilbur Ross has recently actively invested in the shipping sector, and he Navigator Gas made an equity investment in the company.

Navigator Gas The company owns the world's largest fleet of handy-sized LPG carriers, with representative offices in London and New York.

Its fleet consists of 21 handy-sized ( 20-22K ) LPG carriers, with 7 newbuilds currently under construction. Among these, 10 vessels are also capable of transporting ethylene. Of the 21 vessels already owned, 15 are semi-refrigerated, and the remaining 6 are fully-refrigerated LPG carriers.

Liwei

Address: No. 6, Xingyuan Avenue, Rucheng Street, Rugao City, Jiangsu Province

Postcode: 226500

Tel: 86-513-87268999、86-513-7268666

Fax: 86-513-87268998

Email: info@ntlw.com

WeChat：15335077201

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