DXT Commodities first MedMax LNG cargo to Asia delivered to PipeChina’s Yuedong LNG Terminal

Nov 7, 2024 | News, old

October 29, Guangdong – A ceremony graciously hosted by Dongguan Daosen marked a number of milestones for the partners involved, Shenzhen Gas (via its subsidiary Sino-Benny LPG), DXT Commodities, Hartree Partners and Dongguan Energy (via its subsidiary Dongguan Daosen Natural Gas), in bringing the Dapeng Princess and her cargo from Algeria to the Chinese terminal.

She is the first ship of this size that DXT has delivered to China as part of an international collaboration and marks both a prestigious addition to DXT’s expansion into the Chinese market and an “important moment for Dongguan Daosen to establish deeper ties with international suppliers, open up the international market, and increase international visibility.

Dapeng Princess MedMax LNG cargo delivered to PipeChina’s Yuedong LNG Terminal

During the ceremony, Liu Hongqiang, member of the Party Committee and General Manager of PipeChina Yuedong LNG Terminal, delivered a welcome speech, outlining the “great significance of the smooth handling of the Dapeng Princess” and expressed “a hope that all parties will strengthen complementary advantages, deepen cooperation and development and jointly create a better future for clean energy”.

Chen Zhongwei, deputy secretary of the Party Committee of Dongshi Group, credited the arrival of the ship to the concerted efforts of many parties, not least the efficient operation of the Yuedong LNG Terminal, the stable supply of international suppliers, and the firm support of downstream customers.

international collaboration Chinese market

DXT praised the international coordinated efforts of the different parties, offering different areas of expertise, first for the successful outcome but also as a foundation for future value creation.  Hartree Head of LNG Trading Asia Pacific John-Paul Sikking, Shenzhen Sino-Benny Deputy General Manager Zhao Weiqing, Dongguan Qingneng Development Chairman Chen Xinkai, and Shenzhen Senran Energy Chairman Wu Yuneng also delivered speeches.

The event also celebrated the first return trip of Shenzhen Gas Group Co. Ltd.’s Dapeng Princess. DXT had already commissioned the Dapeng Princess last year, delivering her maiden cargo sourced in Cartagena (Spain) to Panigaglia (Italy). Several other deliveries within the Mediterranean Sea have been performed by DXT since then.

After the ceremony, there was an exchange of souvenirs and the DXT team was given a tour of the wharf of PipeChina’s Yuedong LNG Terminal.

MedMax LNG cargo visit wharf PipeChina’s Yuedong LNG Terminal DXT Commodities, Asia, China

Click here to view Dongguan Energy Investment Group’s press release.

 

DXT Commodities
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