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Top LNG ship takes shape in Shanghai
By Li Jing (China Daily)
Updated: 2005-07-18 05:30

China's first self-made liquefied natural gas (LNG) carrier, which is taking shape in dry dock in Shanghai, has a price tag larger than that of a Boeing 747.

A file photo of a LNG carrier. [Net]
The first LNG ship is widely regarded as a milestone in China's booming shipbuilding industry for the advanced technology it will carry and the high profit it is expected to yield.

"The construction of China's first LNG carrier implies that China's shipbuilding industry has entered a new phase, and it will make the industry more competitive in the world's market," said Zhang Xiangmu, a senior official with the Commission of Science, Technology and Industry for National Defence.

Dubbed as "a pearl of the shipbuilding industry," an LNG ship, with a price tag usually between US$170 million and US$200 million, is double hulled and relies on insulation to keep the liquefied gas at minus 163 C throughout the journey.

According to the shipbuilder, Shanghai-based Hudong-Zhonghua shipbuilding (Group) Co Ltd, sections of the LNG ship were moved into a dock late last month, where the pieces will be assembled. Then the ship will leave dry dock in mid-December for inner fittings.
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