Page 14 - GLNG Week 05 2023

GLNG NEWS IN BRIEF GLNG

U-Ming receives third LNG- Samsung Heavy secures GTT gets new LNGC tank

powered bulker $2bn in FLNG and LNG design order from Hyundai

Taiwanese bulk carrier company U-Ming carrier orders in 2023 Samho
Marine has taken delivery of its third
190,000-ton dual-fuel LNG bulk carrier from South Korean shipbuilder Samsung Heavy French LNG containment specialist GTT
Chinese shipbuilder Shanghai Waigaoqiao Industries (SHI) has secured a new order for has received a new order from its partner
Shipbuilding. the construction of two LNG carriers worth the Korean shipyard Hyundai Samho Heavy
According to a statement from the $500 million, which increased its earnings in Industries (HSHI) for the tank design of two
shipbuilder, the vessel named Ubuntu orders to $2 billion in the first month of 2023. new LNG carriers (LNGCs).
Integrity was delivered on 31 January. SHI received the order for two LNG The order was received at the beginning of
The length of the ship is 299.80 metres, carriers from an undisclosed Oceanian 2023 on behalf of a European shipowner.
the width is 47.5 metres, the depth is 24.70 shipper on 31 January. According to its GTT will design the tanks of the two
metres, the design draft is 18.25 metres, and regulatory filing, the vessels are due for vessels, and each will offer a total cargo
the vessel can reach a speed of 14 knots. The delivery in mid-January 2027. capacity of 174,000 m3 and will be fitted with
ship uses LNG fuel and is equipped with two Including a $1.5 billion order for a floating the Mark III Flex membrane containment
C-type LNG fuel tanks. LNG facility secured earlier this month, SHI system developed by GTT.
This is the third in a series of four LNG- earned $2 billion in orders within a month, The delivery of the vessels is scheduled
powered bulkers ordered by U-Ming from which is equivalent to one-fifth (21%) of its between the third and fourth quarters of 2026.
Shanghai Waigaoqiao Shipbuilding in 2020. $9.5 billion target for this year. A few days earlier, HSHI ordered the tank
Its sister vessels Ubuntu Harmony and The shipbuilder received orders of $12.2 design of two LNGCs on behalf of a Middle
Ubuntu Equality were delivered in December billion and $9.4 billion respectively in 2021 Eastern shipowner.
2022 and January 2023, respectively. and 2022, exceeding its target. 2023 has started busy for GTT, with orders
The fourth ship, Ubuntu Loyalty, is also “More than 70 LNG carriers are expected arriving from companies such as HSHI,
slated for delivery from Shanghai Waigaoqiao to be ordered this year, and eco-friendly Dalian Shipbuilding Industry & Co (DSIC),
in 2023. ships as well to respond to environmental and Hyundai Heavy Industries (HHI).
All four vessels have been chartered by regulations. We will also focus more
mining giant Anglo American on long-term on the FLNG market with our unique
deals of 10 years each. The company recently competitiveness, and do our best to achieve Eni’s Damietta LNG plant
loaded Ubuntu Harmony with the first cargo the order target for the third consecutive year”,
of iron ore from Kumba operations in South said an official at SHI. loads 500th cargo
Africa. To remind, in early January, a consortium
According to Anglo American, the Ubuntu of JGC Corporation and SHI won an Damietta LNG plant in Egypt, a joint venture
fleet is a key component of its ambition to engineering, procurement, construction between Italy’s Eni and Egypt’s EGAS, has
achieve carbon neutrality for its controlled and commissioning (EPCC) contract with produced and loaded its 500th LNG cargo
ocean freight by 2040 – with an interim target Petronas for the first nearshore floating LNG since the operation start-up in 2005.
to reduce emissions from these activities by facility project in Malaysia. Damietta LNG is one of two LNG export
30% by 2030. SHI will be responsible for the floating plants in Egypt with a capacity to produce up
LNG hull EPC work and the modular to 5 million tons of LNG per year.
fabrication of the topside. Italian energy company Eni announced
this milestone on 1 February 2023, adding

P14 www. NEWSBASE .com Week 04 27•January•2023