According to the statement, SHI was selected to partner in the construction of the vessels due to its expertise and technological prowess.
The contract was signed during the 5th Eastern Economic Forum in Vladivostok, Russia. Zvezda Shipbuilding Complex is a new shipbuilding yard located in Russia’s Far East.
SHI will design LNG carriers that use LNG as the primary fuel, featuring 45 MW of power capacity. They will safely transport LNG whilst breaking ice up to 2.1 m thick in conditions of -52°C.
An unnamed official at SHI said: “The contract we have signed proves that SHI has a competitive edge in icebreaking and LNG carriers. As we expand icebreaking technology into LNG carriers, we will be able to establish a solid foothold in the Arctic ships market.”
SHI claims that, on the same day, it confirmed the establishment of a joint venture (JV) with the aim of assisting Zvezda with the construction of shuttle tankers, demonstrating the company’s willingness to enter the Russian market.
Read the article online at: https://www.lngindustry.com/lng-shipping/04092019/shi-and-zvezda-join-forces-in-lng-carrier-construction/
You might also like
Snam and BW LNG have finalised the acquisition by Snam Group of 100% of the share capital of FSRU I Limited for a total consideration of approximately US$400 million.