Pacific Gas (Hong Kong) Holdings Ltd. (‘Pacific Gas’) has formally accepted delivery of its third 99,000-cbm very large ethane carrier (VLEC), the Pacific SP Minerva, during a naming ceremony at Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation (CSSC) on February 26. The event was attended by senior executives from key stakeholders, including Jiang Guodong, president of Shandong Marine Group, Xiao Wenlin, general manager of Jiangnan Shipyard, Zeng Xianxiang, president of SP Chemicals, and Xu Bing, chief expert of BOCOM Leasing. Pan Yongmei, Vice Chairwoman of SP Chemicals (Taixing), served as the vessel's godmother.

The delivery of Pacific SP Minerva not only underscores the company's achievement in supporting China's decarbonization strategy but also demonstrates effective collaboration among shipowners, shipyards, and charterers. The delivery brings Pacific Gas's ethane carrier fleet to 16 vessels, making it the world's largest VLEC operator by capacity and solidifying its leadership in the VLEC sector. With this addition, the company also emphasized its commitment to further expanding partnerships and enhancing operational expertise to support China’s maritime ambitions.

The Pacific SP Minerva features Jiangnan's proprietary BrilliancE® Type B containment system and measures 230 meters in length, 22.5 meters in depth, with a 36.6-meter beam. Powered by ethane dual-fuel main engine and shaft generator, it meets IMO's Phase IV EEDI requirements, reducing sulfur emissions by 99% and carbon oxides by 18% compared to conventional designs, achieving full compliance with the maritime industry’s strictest environmental regulations while maintaining optimal economic performance.