China’s GSI wins order from EPS to build four LNG-powered tankers

Singapore’s Eastern Pacific Shipping has ordered four LNG dual-fuel LR2 oil tankers at China’s Guangzhou Shipyard International.

GSI said on Tuesday that the contract was signed at the Posidonia shipping event in Athens, Greece.

Besides the four 111,000-dwt LNG dual-fuel tankers, GSI also won a contract to build two 50,000-dwt methanol dual-fuel tankers from Vietnam’s Asia Pacific Shipping (ASP), it said.

GSI did not provide the price tag of the contracts or the delivery dates for the vessels.

So far, GSI won orders for more than 80 LNG dual-fuel and methanol dual-fuel ships, it said.

Earlier this year, EPS placed an order for two more LNG dual-fuel LR2 oil tankers at GSI.

Prior to that, EPS ordered last year two LNG-powered LR2 vessels at GSI scheduled for delivery in 2026 and with an option for two more vessels.

The vessels, each said to be worth more than $70 million, will be 250 meters long and 44 meters wide with a service speed of 14.5 knots.

EPS recently completed its 200th ship-to-ship LNG bunkering operation, as the company’s fleet of LNG-fueled vessels continues to expand.

The firm has a large fleet of LNG-powered vessels, including containerships, tankers, bulkers, and pure car and truck carriers.

According to its website, EPS has 74 dual-fuel vessels in its fleet of 250 managed vessels.

Most Popular

GTT opens Qatar office

French LNG containment giant GTT has opened a new office in Doha, Qatar's capital and economic hub. GTT’s chairman Philippe...

Eni’s FLNG launched in China

According to separate statements by Eni and WNE, the launching of the hull took place on Saturday. In Congo's Lingala...

Venture Global’s Plaquemines LNG to introduce hazardous fluids to first block

The regulator said on Thursday it had granted Venture Global Plaquemines LNG to commission and introduce hazardous fluids to...

More News Like This

CoolCo eyes LNG fleet expansion

Spot LNG shipping rates are now at record-low levels for this time of the year, mainly due to a...

CoolCo seeks long-term employment for two LNG carriers

In August, Coolco said it plans to employ its first newbuild LNG vessel, Kool Tiger, on a shorter deal...

EPS takes delivery of LNG-fueled PCTC in China

Singapore’s Eastern Pacific Shipping took delivery of the third LNG-fueled pure car and truck carrier which will serve a...

China’s XSI wins order from EPS to build LNG-powered tankers

XSI said in a statement on Monday the order includes four 113,600 dwt LNG dual-fuel vessels. The vessels, designed by...