Pan Americas LNG carrier delivered, starts charter with Shell

LNG carrier Pan Americas (Image courtesy of Cosco Shipping)

Chinese shipyard Hudong-Zhonghua Shipbuilding delivered this week to its owners the Pan Americas LNG carrier, the second of four vessels set to transport liquefied natural gas from the QCLNG project in Australia to China.

The 174,000-cbm LNG carrier named Pan Americas is owned by China LNG Shipping, a joint venture consisting of Cosco Shipping and China Merchants, Teekay and CNOOC.

Following delivery, the 290m-long Tri-Fuel Diesel Electric (TFDE) vessel started its long-term charter with Shell. The vessels’ AIS data showed on Friday it was heading towards Gladstone, where the Curtis Island LNG plant is located.

To remind, its sister vessel, Pan Asia was delivered in October 2017.

The other two carriers, Pan Europe and Pan Africa are currently under construction at the Hudong-Zhonghua shipyard in Shanghai and are scheduled for delivery by 2019.

All four vessels will operate under 20-year time-charter deals with Methane Services Limited, a unit of Shell.

China’s CNOOC that owns a 50 percent equity stake in QCLNG’s Train 1 has a deal in place for the supply of 3.6 million tonnes per annum for a period of 20 years.

 

LNG World News Staff

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