First SHI VLEC delivered to STL

The Seri Everest, the largest VLEC ever built with more than 98,000 cbm capacity, is the first of a phase-one order by STL which was subsequently sold to MISC Berhad (MISC). A second phase of the order also includes six vessels, bringing the total to 12, scheduled for trade from the US to China to support STL’s Ethane Cracker facility in Jiangsu province.

Yee Yang Chien, president and group chief executive of MISC, said the company was proud to welcome Seri Everest. “With this first delivery, our VLEC has set a new benchmark in the ethane market,” he said. Seri Everest has the capacity of transporting large scale ethane over long distance while ensuring the highest level of safety and reliability.”

Hohyun Jeong, SHI executive vice president, engineering operations, said, “It has big implications to have the VLEC delivered successfully on time during the pandemic as well as the good performance with the newly introduced ABS notation ‘LNG Cargo Ready’ applied.”

“The VLEC has been built with a cargo containment system for dual cargo loading and the cargo handling system can be converted for LNGC at any time, as needed,” he added.