Greater China

Chongqing Zhongjiang to build nine LNG-powered river vessels

Shanghai: Chongqing Zhongjiang has started the construction of nine LNG-powered vessels, the first of the ships to be delivered in the first half of next year, according to Chongqing municipal port and shipping authority.

The vessels, designed by Jiangjin Feida Company, were ordered by Chongqing Jiangjin Feida and Chongqing Hechuan Tongyi, and will be used for ore transport on the Yangtze river.

Earlier this year, The Ministry of Transport and The Ministry of Finance issued plans to provide subsidies of RMB850,000-RMB1.4m for LNG-powered newbuildings delivered before April 2015, and RMB630,000-RMB1m for those delivered before the end of 2015. [04/12/14]

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