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MOL delivers LNG Carrier CESI Tianjin for SINOPEC LNG project

Published 27 September 2017

Mitsui O.S.K. Lines (MOL) said that the LNG carrier CESI Tianjin, ordered by the joint venture of MOL, China COSCO Shipping (China COSCO Shipping) and China Petroleum & Chemical (SINOPEC), has been delivered at Hudong-Zhonghua Shipbuilding (Group) (Hudong).

The CESI Tianjin is the fourth vessel to serve the LNG transport project for SINOPEC announced in April 2013, and will sail under a long-term charter contract to transport LNG that SINOPEC will purchase from the Australia Pacific LNG Project.

A total of six newbuilding LNG carriers are being built at Hudong. The first vessel, the CESI Gladstone was delivered in October 2016, the second, the CESI Qingdao in January 2017, and the third, the CESI Beihai, in June 2017. The remaining two are slated to be delivered by 2018.

MOL takes a proactive stance in acquiring new projects while newly leveraging this experience in international joint projects, and strives to offer value-added transport services to customers all over the world.

[ Outline of CESI Tianjin ]

Length: 290.0m

Breadth: 45.60m

Draft: 11.70m

LNG Tank: Membrane type

Cargo Tank Capacity: 174,100m3

Main Engine: Dual Fuel Diesel Electric

Speed: 19.5 knots

Shipyard: Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.

Ship Management Company: China Energy Ship Management Co., Limited
MOL 20%?
China Energy Shipping Investment Co., Limited (*3) (CESI) 80%

Ownership: MOL 20%, CESI 80%

JV of China COSCO Shipping: 51%/SINOPEC: 49%

Source: Company Press Release