GSI secures more orders for LNG-powered PCTCs

China’s Guangzhou Shipyard International (GSI) said it had secured new orders to build LNG-powered pure car and truck carriers for South Korea’s H-Line Shipping and China’s BYD Group.

The two LNG dual-fuel PCTS for H-Line will have a capacity of 8,600 units, GSI said in a statement on Monday.

H-Line previously ordered four LNG dual-fuel PCTCs with a capacity of about 7,000 units at the CSSC-owned yard.

GSI also said in the statement that H-Line last year ordered one PCTC with a capacity of 8,600 units and all of these ships will go on charter to Hyudai Glovis.

The 8,600-ceu vessels will have an overall length of 200 meters, a beam of 38 meters, a design draft of 9.2 meters and a design speed of 19 knots.

GSI did not provide any additional information.

With this, GSI confirmed reports by brokers issued in October last year regarding these 8,600-ceu PCTCs.

VesselsValue data shows that H-Line has in total seven dual-fuel PCTCs on order at GSI.

The three 8,600-ceu vessels are scheduled for delivery in 2025 and 2026 and are each worth about $98 million, according to the data.

BYD order

Besides the H-Line order, GSI said it had secured an order from China’s BYD Group to build two LNG dual-fuel PCTCs with a capacity of 7,000 units.

The vessels will have an overall length of 200 meters, a beam of 38 meters, a design draft of 9 meters, and design speed of 18.5 knots, according to GSI.

VesselsValue data shows that BYD will take delivery of these vessels in 2025.

With these contracts, GSI said it now has in total 19 LNG dual-fuel PCTCs on order.

Most Popular

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

Wison to work on FLNG solutions with Bumi Armada and FPSO Ventures

Chinese FLNG builder Wison New Energies is joining forces with Malaysia's Bumi Armada and FPSO Ventures to jointly advance lease-and-operate solutions for the FLNG market.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

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.