Global Auto Carriers places order for LNG-powered PCTC quartet in China

Global Auto Carriers (GAC), a new firm backed by Norway’s Gram Car Carriers, has ordered four LNG dual-fuel PCTCs at China Merchants Jinling Shipyard in Weihai.

CMI Weihai said in a statement it has signed the shipbuilding deal with GAC during a virtual ceremony on May 16.

Besides four firm dual-fuel vessels with a capacity of 7,000 units, the order also includes options for 2+2 ships.

To remind, Gram Car Carriers revealed this order in a statement last month. The firm said then that it had expected GAC to enter into the shipbuilding contracts for the four vessels in early second quarter of 2022.

Delivery of the PCTCs will take place from the fourth quarter of 2025 through the fourth quarter of 2026.

Designed by SDARI and classified by DNV, the vessels will be 199.9 meters long and 38 meters wide, with a speed of 19 knots, according to the Chinese shipbuilder.

In addition, they will have 12 vehicle decks, a high-pressure dual-fuel main engine and two C-type LNG tanks with a capacity of 1,700 cubic meters.

CMI Weihai did not reveal the price tag of the deal.

This new contract for CMI Weihai follows orders for six similar LNG-powered PCTCs from Idan Ofer’s Eastern Pacific Shipping. EPS will pay about $87 million per ship under this order.

Most Popular

Seapeak books $19.3 million charge as it lays off seafarers on steam LNG carriers

Stonepeak’s Seapeak booked $19.3 million of restructuring charges in the second quarter of this year, primarily due to laying off its Spanish seafarers working on steam LNG carriers.

Golar moving forward with new FLNG order

Floating LNG player Golar LNG is moving forward with its plans to order its fourth FLNG conversion. In order to secure "attractive" delivery, Golar plans to enter into slot reservations for long-lead equipment within the third quarter of this year.

Hanwha’s units, Kospo to jointly buy US LNG

South Korea's Hanwha Aerospace and Hanwha Energy, units of Hanwha, are teaming up with compatriot Korea Southern Power (Kospo) to jointly buy US liquefied natural gas (LNG) supplies.

More News Like This

EPS welcomes new LNG-powered PCTC in its fleet

Singapore’s Eastern Pacific Shipping took delivery of another LNG-powered pure car and truck carrier in China.

GAC’s first LNG-powered PCTC launched in China

China Merchants Jinling Shipyard in Weihai has floated out GAC’s first LNG-powered pure car and truck carrier.

EPS adds new LNG-powered PCTC to its fleet

Singapore’s Eastern Pacific Shipping took delivery of another LNG-fueled pure car and truck carrier in China.

Work progresses on GAC’s first LNG-powered PCTC in China

China Merchants Jinling Shipyard in Weihai has laid the keel for GAC's first LNG-powered pure car and truck carrier. To...