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.

Most Popular

TotalEnergies plans second Mozambique LNG phase

French energy giant TotalEnergies plans to expand its Mozambique LNG project, currently under construction in Cabo Delgado province, with a second phase, according to management.

Shell, partners take FID on LNG Canada Phase 2

UK-based LNG giant Shell and its LNG Canada partners have made a final investment decision on the project's second phase, which will double production capacity at the facility in Kitimat, British Columbia.

NextDecade secures permit for sixth Rio Grande LNG train

US LNG developer NextDecade has secured the US Army Corps of Engineers permit for the Rio Grande LNG Train 6 expansion project.

More News Like This

GSI scores order for 10 LNG-powered PCTCs

China’s Guangzhou Shipyard International (GSI) has secured an order worth more than $1 billion to build 10 LNG dual-fuel pure car and truck carriers.

Chinese yard nears completion of LNG bunkering vessel conversion

China’s Guangzhou Shipyard International has almost completed the conversion of the 28,000-cbm LNG carrier CNTIC VPower Global into an LNG bunkering vessel.

SK Shipping’s LNG fleet to rise to 32 vessels after asset swap deal

SK Shipping's fleet of liquefied natural gas (LNG) carriers will double to 32 vessels as part of an asset swap deal with H-Line Shipping announced by South Korean private equity firm Hahn & ​Co.

Evergreen to spend up to $1.47 billion on LNG-fueled containership order in China

Taiwan's shipping firm Evergreen Marine will spend up to $1.47 billion on a new order for five LNG dual-fuel container vessels in China.