Following the strategic agreement signed between COSCO Shipping Heavy Industry Co. Ltd. (CHI) and GTT last year, as a part of the pre-arranged plan, CHI and GTT have now signed a Technical Service Agreement (TSA). The agreement was signed on 8 November in Shanghai, during the first CIIE.
A TSA is well recognised by world’s LNG shipping companies as the ‘ticket’ of a shipyard stepping into LNG carriers’ repair and conversion field. The agreement proves and qualifies the shipyard’s capability of undertaking the repairs and conversion of a membrane type LNG carrier.
This July, GTT worked together with the CHI Guangdong shipyard on a Mark III type LNG carrier LNG Lucia Ambition. The project produced the first LNG carriers that a Chinese shipyard has ever constructed with intensive membrane type cargo tank repairs. The vessels were completed successfully and to the satisfaction of all parties.
The LNG carrier repair and conversion business is set to become a larger focus for CHI in the future. The signing of this TSA will help recommend CHI to the world’s LNG shipping companies.
CHI is currently talking with some major LNG shipping companies about the potential of future cooperation. Both CHI and GTT are confident that China has the potential to be established as an LNG carrier repair base, and CHI is well positioned to be play a key role as one of the country’s core shipyards.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/13112018/chi-zhoushan-ready-for-lng-carrier-repairs/