Yangzijiang Shipbuilding revealed its plans to convert Jiangsu Yangzi Jiasheng Terminal’s petrochemical terminal site and adjacent land in the upstream Yangtze River region to an LNG terminal facility once it has obtained approval from the government.
The group also intends to build LNG filling and storage facilities on the land site adjacent to Jiangsu Yangzi Jiasheng Terminal, which Jiasheng Gas also owns. Together with the terminal service, the group aims to build up an integrated LNG supply chain including complete terminal service, LNG filling, storage and distribution in the upstream Yangtze River region, which will serve as a LNG logistics hub.
The company also highlighted that 2022 was a remarkable year as the shipyardhit new levels of operational efficiency with the yard delivering 71 vessels during the year.
In addition, our research and development (R&D) team has expanded our capability to build more sophisticated and greener vessels such as the liquefied natural gas (LNG) carrier, dual fuel vessels with ammonia-ready tanks and methanol dual fuel engines. All of these bode well for our future growth as we keep a firm focus on long-term objectives such as sustainable profitability and growth,
…said Ren Letian, executive chairman and CEO of Yangzijiang Shipbuilding.
