Dry CargoGreater China

GNG Ocean Shipping to build 50 LNG-powered bulkers

Chinese state-owned GNG Ocean Shipping has issued a tender seeking contractors for the design and construction of 50 small LNG-powered bulk carriers.

According to the tender notice, the company will construct twenty-five 2,000 dwt bulkers and another twenty-five 3,000 dwt bulkers. All the vessels will adopt pure LNG propulsion.

The total estimated price of the project is around RMB660m ($101m), and the company expects construction to start before May 1, 2021 and be completed before March 31, 2022.

GNG Ocean Shipping is a subsidiary of Guangdong Province Navigation Group, and mainly provides domestic coastal and river shipping services.

China has been pushing for greater LNG as a fuel adoption across its domestic fleet for the past four years, establishing significant LNG fuelling infrastructure at coastal ports and along key rivers especially the Yangtze.

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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