Denmark’s Celsius Orders Four LNG Carriers

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Credit: shaah-shahidh-unsplash

Denmark’s Celsius Tankers has ordered four liquefied natural gas (LNG) carriers at China Merchants Heavy Industry in Jiangsu, according to shipbuilding sources, say s an article published on LNG Prime.

Price tag

The 4+2+2 contract for the 180,000-cbm LNG carriers was signed on December 30, the sources said.

The sources did not provide the price tag of the deal but each LNG carrier is said to be worth more than $230 million.

Containment system

CMHI Jiangsu is expected to start delivering these LNG carriers in 2026.

Also, the Deltamarin-designed vessels would feature MAN ME-GA engines and GTT’s Mark III Flex containment system.

Membrane technologies

The China Merchants yard in Jiangsu won a license from GTT in October to construct large LNG carriers using GTT membrane technologies.

With this order, the yard now joined Hudong-Zhonghua, the main LNG carrier shipbuilder in China, as well as Jiangnan Shipyard, Dalian Shipbuilding Industry (DSIC), and Yangzijiang Shipbuilding in building large LNG carriers in China.

Celsius LNG fleet

LNG Prime reported on this development in October as Celsius Tankers, a unit of Celsius Shipping, signed a letter of intent with CMHI Jiangsu.

This is the first LNG carrier order in China for Celsius Tankers.

Boosted orderbook

Celsius Tankers recently ordered another LNG carrier at South Korea’s Samsung Heavy Industries for about $249 million.

With this order, Celsius Tankers boosted its orderbook at SHI to ten 180,000-cbm LNG carriers scheduled for delivery between 2023 and 2026.

Company’s LNG fleet

Besides these vessels, SHI already delivered four 180,000-cbm LNG tankers to Celsius Tankers in 2020 and 2021.

Including this order in China, the company’s LNG fleet now counts 18 180,000-cbm vessels.

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Source: LNG Prime