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China launches 5th LNG ship

CHINA'S fifth liquefied natural gas carrier was delivered to its owner in Shanghai today.

The vessel is named "Dapeng Star" and was built at Hudong-Zhonghua Shipbuilding (Group) Co Ltd in Pudong.

This is the company's fifth carrier, costing around US$160 million each. It will be used by the Guangdong LNG project to carry the fuel from Australia.

The Shanghai-based shipyard is preparing to take an order for its sixth LNG carrier, which is set to be used to carry fuel from Malaysia to Shanghai's Yangshan Deep-Water Port. The deal is expected to be concluded later this month or early next January, the company said.

Building an LNG vessel requires the highest level of shipbuilding technology since the ships must be equipped with tanks that can withstand minus 163 degrees Celsius during transportation. Until now, only a few shipyards in Japan, the Republic of Korea and some European nations have been capable of building the special-purpose tankers.

The National Development and Reform Commission has approved construction of several LNG terminals in coastal areas in the provinces of Guangdong, Fujian, Zhejiang and Shanghai, and some of them have been put into operation.


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