World’s largest VLGC named and delivered

Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation, has delivered the world’s largest Very Large Liquefied Gas Carrier (VLGC) to Singapore-based shipping and trading company Petredec.

This is a significant milestone for the shipbuilding industry as the 93,000 cubic meter VLGC is the largest VLGC in the world. The ship, christened Harzand on April 25 and delivered on April 26, is the first of a total of six 93,000 cbm LPG Ships that Petredec has ordered from the shipyard.

Petredec has secured a US$315 million loan from a consortium of international banks to fund six 93,000 cbm dual-fuel LPG powered VLGCs.

The 93,000 cbm Panda-class dual-fuel LPG vessel belongs to the fourth-generation VLGC model, which was independently developed and designed by Jiangnan Shipbuilding.

The ship is 230 meters long, 36.6 meters wide and can reach a speed of 16.5 knots.

It uses the patented fourth-generation line type (VS-Bow MK-IV), which can be used in full load, ballast and liquid cargo conditions with different specific gravity.

The ship is equipped with a shaft generator to use LPG to provide auxiliary power at sea.

By bunkering LPG as marine fuel for MAN ES LGIP engines, Petredec wants to achieve a reduction in CO2 emissions of up to 40% by 2030.

The ship’s fuel range is 23,000 nautical miles and ensures compliance with the latest NOX and SOX Tier III emission requirements from the International Maritime Organization (IMO). The ship is classified by DNV.

The ship was designed with several notable features, including the first application of a rudder ball energy-saving device technology developed by Jiangnan. This technology improves the maneuverability and stability of the ship and reduces fuel consumption.

In addition, it is the first time that national production of low-temperature steel has been realized, which has significantly shortened the procurement cycle, the Chinese shipyard said.

Jiangnan Shipbuilding’s recent achievement also marks a historic milestone for the LNG shipbuilding industry. Namely, the company conducted the “three-in-one” sea trial, which means that the conventional sea trial, the gas sea trial and the gas test were all completed at the same time.

The move was pursued as the shipbuilder intends to speed up the construction process to meet the annual delivery target of 11 VLGCs.

Jiangnan Shipbuilding said it has a 24.7% global market share in VLGC ships. At present, the company has achieved 14 orders for 93,000 cubic meter ships. Since its first order in 2012, the company has completed 52 shipbuilding contracts, including 18 for 93,000 cbm VLGCs.

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