SWS hands over second LNG-powered bulker to Greece’s Maran Dry

China’s Shanghai Waigaoqiao Shipbuilding has delivered the second LNG-powered bulk carrier to Greece’s Maran Dry Management, part of Angelicoussis Shipping Group.

SWS said in a statement it delivered the 190,000-dwt LNG dual-fuel, Ubuntu Community, on April 18.

The shipbuilder said it built the vessel for Barney Shiptrade, but it did not mention Maran Dry in the statement.

According to the website of Maran Dry Management, the company’s fleet includes Ubuntu Community, as well as its recently delivered sister vessel, Ubuntu Unity.

These are the first LNG dual-fuel ships in its fleet which totals 45 vessels.

SWS hands over second LNG-powered bulker to Greece’s Maran Dry
Ubuntu Unity (Image: Angelicoussis Shipping Group)

VesselsValue data shows that Maran Dry bought these ships from mining giant Anglo American and chartered them back to the latter.

Anglo American’s shipping unit ordered six vessels directly at SWS for about $60 million per vessel in 2021 and these two vessels are part of that order.

Besides these six ships, SWS also won a contract to build four LNG-powered bulkers for Taiwan’s shipowner U-Ming and these vessels will go on charter to Anglo American as well.

In January, Anglo American said that the company’s first chartered LNG-powered bulker, Ubuntu Harmony, had loaded its first cargo of iron ore in South Africa.

Anglo American expects to introduce all of the ten vessels to its chartered fleet during the course of 2023 and 2024.

Most Popular

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

Hanwha Ocean, Posco plan to build LNG carrier with high-manganese steel tanks

South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.

More News Like This

Cosco Shipping to splash $2.69 billion on new LNG-powered containership order

China's Cosco Shipping will spend approximately $2.69 billion on a new order for 12 LNG dual-fuel container vessels in China.

Maran Tankers adds LNG-powered newbuild to its fleet

Maran Tankers Management, the oil tanker unit of Greece’s Angelicoussis Shipping Group, has taken delivery of another LNG dual-fuel Suezmax oil tanker in China.

Wan Hai books more dual-fuel vessels

Taiwan’s Wan Hai Lines has decided to order dual-fuel container vessels from China’s Huangpu Wenchong Shipbuilding Shanghai Waigaoqiao Shipbuilding.

Maran Gas orders two LNG carriers at Hanwha Ocean

Greece’s Maran Gas, the gas shipping unit of Angelicoussis, has ordered two liquefied natural gas (LNG) carriers from South Korean shipbuilder Hanwha Ocean, according to shipbuilding sources.