H-Line orders LNG-powered PCTCs at GSI

China’s Guangzhou Shipyard International (GSI) said it has secured a new order to build two LNG-powered pure car and truck carriers for South Korea’s H-Line Shipping.

GSI Nansha said in a recent statement it won orders for a total of six ships worth more than 4 billion yuan ($628.7 million). Besides the two LNG-powered PCTCs, GSI will also build a new ice-breaking tanker for MOL that will serve the Novatek-operated Arctic LNG 2 project.

As per the PCTCs, they will have dual-fuel propulsion and a capacity of about 7,000 units, according to GSI.

The yard did not reveal the price tag or the delivery date of the vessels

According to Clarksons Platou, GSI would deliver both of the LNG-dual fuel vessels to GSI in 2025, boosting the total to four as H-Line already booked two PCTCs last year.

The shipbroker previously said that the vessels would go on charter to Hyundai Glovis and that H-line would pay about $83 million per ship.

Besides these vessels, GSI won orders last year for a total of four LNG-powered PCTCs from SFL Corporation, controlled by billionaire John Fredriksen. These ships have a capacity of 7,000 CEU as well.

In addition to PCTCs, GSI also recently launched the first out of two LNG-powered Suezmax tankers it is building for Singapore’s Eastern Pacific Shipping.

- Advertisements -

Most Popular

QatarEnergy seals major deal with Chinese shipbuilder for 18 Q-Max LNG carriers

State-owned LNG giant QatarEnergy has signed a major shipbuilding deal with China State Shipbuilding Corp for the construction of...

Spot LNG shipping rates, European prices drop this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet dropped slightly this week, while European and...

New LNG carrier joins Celsius fleet

South Korea’s Samsung Heavy Industries has hosted a naming ceremony for one 180,000-cbm LNG carrier it built for Denmark’s...

More News Like This

Hyundai Glovis to add six more LNG-powered PCTCs to its fleet

South Korea’s Hyundai Glovis said it would add six more LNG dual-fuel PCTCs with a capacity of 10,800 ceu...

GSI kicks off work on LNG-powered PCTC for Cosco Shipping’s JV

China’s Guangzhou Shipyard International (GSI) started building an LNG-powered pure car and truck carrier for a joint venture led...

Hanwha Ocean to build LNG carrier quartet for $920 million

South Korean shipbuilder Hanwha Ocean, previously known as DSME, has received an LNG carrier order worth about $920 million...

SFL takes delivery of fourth LNG-powered PCTC in China

China’s Guangzhou Shipyard International (GSI) delivered SFL Corporation’s fourth and final LNG dual-fuel pure car and truck carrier, Thor...