Chantiers de l'Atlantique in for more Malaysian LNG-carriers

Apr 16, 1997 02:00 AM

French yard, Chantiers de l'Atlantique, is pitching for a further Malaysian LNG carrier deal, holding out the possibility of the industry in Europe maintaining continuity of production of the largest cryogenic tankers.
Petronas is planning to order a further 5 LNG carriers of about 130,000 cm, and is thought to have a longer-term requirement for a follow-on batch of 5 vessels.
This summer, the Malaysian organisation is due to receive the last in a series of five 130,400 cm newbuildings from Chantiers de l'Atlantique. The handover of the Puteri Firuz will mark the culmination of a $ 1.3 bn programme sealed in February 1991 in the face of intense competition from the Japanese shipbuilding industry.
Petronas is party to the MLNG (Malaysian LNG) joint venture, the organisation behind the project for the huge new Bintulu LNG plant in Sarawak. Through its involvement in MLNG, Petronas has wider experience of French-built membrane LNG tanker tonnage through the charter of five 130,000 cm vessels owned by Malaysian International Shipping Corporation.
The latest Petronas class from St Nazaire, led by the Puteri Intan in 1994, uses the French-developed Gaz Transport membrane cargo tank containment system. Kawasaki Heavy Industries of Japan supplied the 26,300 kW steam turbine propulsion plant for each vessel. Proven build quality and contractual performance could put the French yard in a strong bidding position for the next Malaysian programme.
To what extent the strength of the Japanese competition will be influenced by the industry's current substantial workload remains to be seen. Other European potential contenders for tonnage at the top of the capacity range are Kvaerner Masa-Yards of Finland, Italy's Fincantieri group, and Howaldtswerke-Deutsche Werft of Germany.

Source: not available
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