The Guangzhou branch of China State Shipbuilding Corporation (CSSC) and Guangzhou Port Shipping Co., Ltd., a subsidiary of Guangzhou port group, on Thursday (14 October) said it has entered into a RMB 40 million (USD 6.2 million) liquefied natural gas (LNG) power conversion project for eight inland vessels.
The first batch of LNG power conversion projects for inland water vessels operating within the Guangdong Province; the vessel upgrade project will be completed in 2022.
The eight ships, which link traffic between the Nansha Port Area and small and medium-sized wharves in the Pearl River Delta, are operated by the Guangzhou Port Shuttle Bus business.
On 11 October, the Department of Transportation of Guangdong Province and the Department of Finance of Guangdong Province officially launched an implementation plan for domestic vessels to use LNG as a power source.
A total of RMB 550 million (USD 85.5 million) in subsidy funds was made available to promote the green development of inland waterway shipping and LNG powered ship applications under the Guangdong Inland Waterway Green Development Demonstration Project.
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