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NEW VERY LARGE ETHANE CARRIERS TO BE BUILT TO ABS CLASS

Thursday, September 17, 2020 

ABS has announced that it is to class four new 98,000m3 Very Large Ethane Carriers (VLECs) ordered by Zhejiang Satellite Petrochemical (STL), two of which will be built by Samsung Heavy Industries and two by Hyundai Heavy Industries.

ABS claims leadership in provision of classification services to VLEC owners. ABS classed the very first order of six dedicated VLECs by Reliance Industries in 2014. These 87,000m3 VLECs have been successfully trading and laid the foundation for the next generation of larger VLECs. The Phase-1 order of six VLECs by STL not only had more cargo capacity, at 98,000m3, but included additional technological advancements such as ethane-fuelled engines and the ABS LNG Cargo Ready notation. This has now been followed by the Phase-2 order for four more vessels.

“ABS is a world leader in the classification of gas carriers and classes the vast majority of the large ethane carriers built to date, so we are delighted that STL has recognised our experience in this fast growing sector,” said Patrick Janssens, ABS VP Global Gas Solutions. “ABS has a proud track record of supporting some of the most innovative gas carrier projects. These latest orders are the next step in continuing that trend.”

According to STL, the operator is delighted to be working with ABS in the VLEC sector in support of its Lianyungang petrochemical project by safely transporting ethane from the US to China. This rapid expansion of operations requires close partnerships with companies focusing on technology innovation and engineering excellence to push the boundaries of complexity and improve safety.

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