Year joined SIGTTO:
Location: Asia Pacific, China
LNG Ship Operator
"We are enthusiastic members of SIGTTO and have been since the company was founded. Our mission is to manage LNG ships to the highest international standards to meet China's growing demand for clean energy. Fulfilment of this mission is facilitated by our SIGTTO membership."
(中文版本在下方; Mandarin version is below)
CLSICO is China’s first LNG ship management company. Based in Hong Kong and operating with Chinese and other experienced LNG staff, it aims for the highest operational standards in all that it does and is proud to be serving China’s current and future energy needs.
CLSICO was created as part of China’s first LNG import project, based on a new receiving terminal at Dapeng Bay, Shenzhen in Guangdong Province. As part of its successful bid to supply LNG to Dapeng, Australia LNG committed to collaborate in a separate project to provide LNG transportation services, under a model based on Chinese majority ownership with foreign support. As part of this project, CLSICO was formally established in April 2004 as a joint venture, registered in Hong Kong, between China LNG Shipping (Holdings) Ltd. (CLNG), a 50:50 JV of COSCO (now COSCO Shipping) and China Merchants, and BP Shipping as the foreign partner and minority shareholder. BP Shipping committed to contribute its LNG shipping experience to support the development of a Chinese capability in LNG ship management.
Ship management agreements for the first two LNG carriers, to be built in China at Shanghai’s Hudong Zhonghua Shipyard, were signed in August 2004. Subsequently, CLSICO was awarded contracts to manage two LNG carriers for Fujian LNG, one additional LNG carrier for Guangdong LNG, and one LNG carrier for Shanghai LNG. From the start, the ships were crewed by a mix of Chinese and Western sea staff, the former seconded from COSCO and China Merchants, the latter from BP Shipping.
In July 2013, BP Shipping exercised its option to exit from CLSICO, selling its shares to CNOOC. Notwithstanding BP Shipping’s exit, CLSICO will continue to be resourced by a combination of Chinese and Western staff, in the office and on the ships, for the foreseeable future, building on the proven success of this manning model and facilitating effective communications with all parts of the LNG supply chain.
CLSICO employs about 350 people, including 330 sea staff and 23 office staff, and the majority of these are Chinese. The ship manager was pleased to appoint its first Chinese LNG carrier Master in September 2013, and its first Chinese LNG carrier Chief Engineer in October 2015.
Another significant milestone achieved in 2019 was CLSICO reported that its ship had delivered the 1000th cargo for Dapeng Terminal. CLSICO was highly praised for the high quality and high standards management level, to provide safe and efficient services for customers.
In 2020, CLSICO’s vessels had sailed for a total of 16 months without any recordable safety incidents. Credit for this achievement can be attributed to the strong safety culture that has been established on board, especially during a period of hardship in the world.
“We are enthusiastic members of SIGTTO and have been since the company was founded," the General Manager of CLSICO says, "LNG shipping has built up a superb safety record over its 50 years of service and it is up to each individual participant to play its part in preserving the exemplary reputation achieved by our industry. SIGTTO plays a critical role in sharing industry best practice and in maintaining the high standards required of our sector.”
“Our mission is to manage LNG ships to the highest international standards to meet China's growing demand for clean energy. Fulfilment of this mission is facilitated by our SIGTTO membership.”
Visit Website: http://www.clsico.com/