First Chinese made LNG ship delivered

The first Chinese made LNG ship has been delivered to its owner.

The delivery ceremony of 'Dapeng Sun’ was held at the Hudong-Zhonghua shipyard. The carrier was mainly invested and owned by Chinese firms with foreign partners and the investors include COSCO, China Merchants and Australia LNG. This marks a milestone in the country's shipbuilding industry as the ship is fully designed and built by Chinese. The builder is Hudong-Zhonghua Shipbuilding, which is the leading Chinese shipbuilding enterprise under the leadership of China Shipbuilding Group Corporation (CSSC). Hudong-Zhonghua is currently the only shipbuilder with the ability for LNG ship construction in China. The new ship cost about US$ 160 million, which equals the cost of five Panamax ships, but the LNG tanker only, uses the amount of steel similar to a 70,000DWT bulk ship. With a length of 292 metres, a beam of 43.35 meters, it has a theoretical capacity of 147,210 square metres, which can provide enough LNG for the city of Shanghai in a whole month. "The company finished the ship in 27 months, which is three months earlier than Japan and Korea shipyards," stated Mr. Wang Yong, the general manager of Hudong-Zhonghua Shipbuilding. "Besides, most of the key components are made in China." Hudong-Zhonghua also holds other four contracts for the same type of ship and the company believes that with foregoing experience, following each ship can be completed in 17 months.
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