Market Chatter: Hudong-Zhonghua Starts Work on Ultra-Large LNG Carrier
Construction has begun on a 271,000-cubic-meter liquefied natural gas carrier, China's state media reported Thursday.The QC-Max vessel, built by Hudong-Zhonghua under China CSSC (SHA:600150), is set for delivery in 2028. With a length of 344 meters, it features an advanced membrane system to boost capacity, safety and efficiency, according to the report.Compared to standard 174,000-cbm ships, the vessel offers a 57% capacity jump with a daily boil-off rate of just 0.087%. Its dual-fuel engine meets top emission standards, Xinhua News wrote.Part of a Qatari LNG project, Hudong-Zhonghua has secured 36 vessel orders, including 24 of this ultra-large type, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
