Avenir LNG replaces LNG carrier options at Keppel with new orders at CIMC Sinopacific Offshore

Avenir LNG replaces LNG carrier options at Keppel with new orders at CIMC Sinopacific Offshore

Avenir LNG has entered into shipbuilding contracts with Nantong CIMC Sinopacific Offshore & Engineering (SOE) for the construction of two 7,500 cu m LNG carriers with options to build another two.

Delivery of the two newbuildings is scheduled for May and August 2021.  The ships are designed to include ice class 1B, full bunker functionality, double hull and dual fuel electric twin azimuth propulsion.

The signing of the new order was after Avenir LNG agreed with Keppel Singmarine to cancel the options to build its third and fourth 7,500 cu m LNG carriers at Keppel Nantong.

The company said the new order replaces the cancelled options and its orderbook remians unchanged with a total of six LNG carriers, made up of four 7,500 cu m vessels and two 20,000 cu m vessels.

In October last year, Avenir LNG was established by Stolt-Nielsen, Golar LNG and Höegh LNG to focus on small scale LNG market by sourcing, shipping, storing and distributing LNG to the end customer in areas of stranded demand.

 

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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