PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

China’s Successful Stint with LNG Shipbuilding - Growing economy China has made its mark in the shipbuilding industry. The country has developed first ever LNG ship and its R&D to manufacture larger capacity vessels is under progress
China’s Successful Stint with LNG Shipbuilding

 

NewswireToday - /newswire/ - Delhi, New Delhi, India, 2007/04/23 - Growing economy China has made its mark in the shipbuilding industry. The country has developed first ever LNG ship and its R&D to manufacture larger capacity vessels is under progress.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Shipping/Freight/Cargo Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

China has made concrete progress in shipbuilding. In September 2007, the first LNG (Liquefied Natural Gas) ship made by China State Shipbuilding Corporation (CSSC) will be delivered, reported the state-run Xinhua News Agency on February 19, 2007.

The LNG ship has a capacity of around 47,199 cubic meter and is currently under-construction by Hudong-Zhonghua Shipbuilding, an arm of CSSC, the topmost shipping group in China and third largest in the world.

The technology of LNG shipbuilding is the most sophisticated in the world and will place the Chinese shipbuilding industry in a more profitable position as against its competitors. Only Japan, Republic of Korea, and some European countries have obtained the technologies to make such kind of ocean liners.

Four more such kinds of LNG ships are under-construction and will be delivered by 2007 end. China is ramping up its R&D facilities for the development of LNG vessels with a huge capacity of 200,000 cubic meter, said CSSC.

Since natural gas can be converted into liquid state only at a temperature below minus 163°C, LNG vessels are often called as the “marine super freezer”.

According to the RNCOS report “Liquefied Natural Gas (LNG) in China”, with dynamic economic growth, environment regulations, rising oil prices, growing LNG shipbuilding industry, and declining liquefaction costs, energy imports by China are projected to go upward further. The country is predicted to be an important LNG importer for Australia and Middle East in the Asia-Pacific region. Although China has grand plans for developing its LNG industry but it needs substantial financing from both domestic and international arenas that is acting as a bottleneck alongwith high LNG prices for the development of Chinese LNG industry.

The market research report is a work of in-depth analysis comprising information on Chinese LNG industry including demand and supply position in the country, LNG import infrastructure (with focus on major LNG terminals of China), LNG pricing, industry analysis (driving forces, opportunities, and challenges), and gas sector regulatory framework in China. The report also discusses the LNG market scenario at global level, like LNG gas reserves and potential, trade and supply volume, and capital expenditure on LNG projects (covering the timeframe of 2000 to 2009).

About RNCOS E-Services Pvt Ltd.

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Shipping/Freight/Cargo Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 

 
  Your Banner Ad showing on ALL
Shipping/Freight/Cargo articles,
CATCH Visitors via Your Competitors Announcements!


China’s Successful Stint with LNG Shipbuilding

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

RNCOS E-Services |
Publisher Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Shipping/Freight/Cargo via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RNCOS E-Services (P) Ltd / Company Profile


Read Shipping/Freight/Cargo Most Recent Related Newswires:

Frost & Sullivan Commends Fargo Courier’s Rise to Prominence in the East African Courier Industry
500 Startups Backs Eyes On Freight Creating New Global Logistics Platform
R+L Carriers Announces New Service Center to Expand Metro Atlanta Capacity
ShippersEdge Again Named Top 100 Logistics IT Solutions Provider
International Trade Growth and Relaxation of FDI Cap Fuel Indian Air Cargo Market Finds Frost & Sullivan
JBH Worldwide to Attend 2 Major U.S Expos
Frost & Sullivan Recognizes Aras Kargo's Rapid Growth in the Concentrated Turkish CEP Market
JBH Worldwide Selected as a Founding Member for New Logistics Network
3PL Provider UCW Logistics Expands Sales and Operations Team in Greenville, South Carolina
ParcelHero's Customers Become Shareholders
3PL Provider UCW Logistics Hires UPS Senior Sales Director as Vice President of Business Development
SeaProc Marine eProcurement Version 2 Now Available
Cops Docs Ltd Announces Newly Designed Website - Focuses Exclusively on ATA Carnet Consumer Needs
Brittany Ferries Selects RTS CargoProfitOpt Solution
Ecochlor Raises Funds in Private Placement

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)