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China Gas Fortune Marine Transportation Limited and Jiangnan Shipyard (Group) Co., Ltd. Held a Steel Cutting Celebration Ceremony for Carrier H2635, the First of the Two 84,000 Cubic Meter Very Large Gas Carriers ("VLGC")

2018.08.16

On 16 August 2018, China Gas Fortune Marine Transportation Limited and Jiangnan Shipyard (Group) Co., Ltd. held a steel cutting celebration ceremony in Shanghai for Carrier H2635，the first of the Two 84,000 Cubic Meter Very Large Gas Carriers ("VLGC"). Attending the ceremony were representatives from Fortune Oil Limited, China Gas Holdings Limited, China Gas Fortune Marine Transportation Limited, Jiangnan Shipyard (Group) Co., Ltd., CSSC (Hong Kong) Shipping Company Limited, Bureau Veritas Marine China Co., Ltd and other related cooperation partners.

This type of VLGC falls within the 2nd generation VLGC (Panda 84P), which is designed by Jiangnan Shipyard (Group) Co., Ltd., It’s total length is 230 meters, width 36.6 meters, depth 22.2 meters, designed draught 11.4 meters, structural draught of 12 meters and capacity of 84,000 cubic meters. It meets all of the latest international standards including IMO Tier III control and IGC Code standard.

China Gas Fortune Marine transportation Limited is a newly established company jointly owned by Fortune Oil Limited and China Gas Holdings Limited. Its operations are focused on liquefied petroleum gas ("LPG"), liquefied natural gas ("LNG") and other liquid cargo vessel transportation management and associated businesses.

China Gas Fortune Marine Transportation Limited and Jiangnan Shipyard (Group) Co., Ltd. held a ceremony in Shanghai on 3 January 2018, to sign a building contract for two 84,000 cubic meter VLGCs, which marked the beginning of the cooperation between the two companies. We believe that this marked a new chapter in cooperation between the two companies.