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Jining Energy to construct LNG-powered river ships at CSSC

Jining Energy Development and China Shipbuilding Trading, a unit of China State Shipbuilding Corporation, has entered into a framework agreement for the construction of a series of LNG-powered river ships.

Under the framework agreement, the two parties also signed a letter of intent for the construction of a series of LNG-powered river ships including 800 dwt dry bulk vessels, 1,000 dwt and 2,000 dwt container/bulk multi-purpose vessels as well as tugboats.

China Shipbuilding Trading will provide its expertise in ship construction and LNG bunkering terminal development for the project.

Jining Energy, mainly involved in the business of coal, new energy and logistics, will deploy the vessels on the Jing-hang Grand Canal for cargo transport operations.

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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