On October31st 2016, the first LNG vessel “CESI GLADSTONE” of the company’s APLNG project was delivered, further strengthen Sinopec Kantons’ LNG transport business. This is a 174,000 cubic meter vessel, which was built by Hudong-Zhonghua Shipyard, and was invested by a joint venture among Sinopec Kantons, China Cosco Shipping and MOL.
Figure 1: The first LNG vessel of APLNG Project
“CESI GLADSTONE” is the first of the six LNG vessels of APLNG Project constructed by Hudong-Zhonghua Shipyard. “CESI GLADSTONE” will be under a long-term time charter with Sinopec after delivery, and mainly shuttling between Australia and the ports in China like Qingdao, Beihai and Tianjin to transport LNG imported by Sinopec from Australia.