Disclaimer: An online translation service was used in the production of the current editorial piece.
China State Shipbuilding Corporation (CSSC) on Friday (29 May) said it has signed an agreement for the ‘Guangdong Inland Ship liquified natural gas (LNG) Power Transformation Project’ with the Guangdong Provincial People’s Government, and China National Offshore Oil Co (CNOOC).
Present at the ceremony were Ma Xingrui, Deputy Secretary of Guangdong Provincial Party Committee and Governor, Lei Fanpei, Secretary of the Party Group and Chairman of China Shipbuilding Group, and Wang Dongjin, Secretary of the CNOOC Party Group and Chairman of the Board Wang, it added.
The initiative is led by the People’s Government of Guangdong Province and implemented by China Shipbuilding Group with CNOOC.
It aims to promote the LNG transformation of inland ships in Guangdong Province, in line with Premier Xi Jin Ping’s initiative to achieve ecological and economic stability along the Pearl River.
According to the agreement, by 2025, Guangdong Province will complete the LNG conversion of about 1,500 ships and construct 19 LNG bunkering facilities, said CSSC.
It added that once the goals have been met, the annual demand for LNG as a bunker fuel is estimated to be at 400,000 metric tonnes per year.
This would reduce nitrogen oxide emissions and particulate matter in Guangdong province by 12.6% and 19.5%.
Photo credit: China State Shipbuilding Corporation
Published: 1 June, 2020
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Course includes topics on valid and binding transactions; quality or quantity disputes; shipping issues; contract termination; claims; insolvency and others. Registration closes 25 February 2021.
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