China to build more LNG carriers

Shanghai-based Hudong-Zhonghua Shipbuilding (Group) Co Ltd is the builder of the LNG carriers, considered the most technologically demanding ship. The ship, costing US$160 million, is 292 meters long and 43.35 meters wide. It can store 65,000 tons of liquefied natural gas at 163 degrees Celsius below zero.

Hudong-Zhonghua Shipbuilding (Group) Co Ltd will build another five LNG carriers in the next three years to cope with rising demand for LNG in China. The Shanghai-based shipbuilder launched the first indigenous LNG tanker last year and recently launched the second unit. These 147,000 cubic metre vessels will each cost $160 million.