Anglo American names two LNG-powered bulkers in China

Mining giant Anglo American has named two LNG-powered bulk carriers during a ceremony held on Tuesday at China’s Shanghai Waigaoqiao Shipbuilding.

The LNG dual-fuel bulk carriers in question are the 190,000-dwt Ubuntu Empathy and its sister vessel Ubuntu Humanity, according to a statement by CSSC’s SWS.

SWS launched these two ships in January this year.

Besides the naming ceremony, the shipbuilder said that it has delivered Ubuntu Empathy as well.

Anglo American’s shipping unit ordered six vessels directly at SWS for about $60 million per vessel.

However, the firm sold two of these ships, Ubuntu Community and Ubuntu Unity, to Greece’s Maran Dry Management, part of Angelicoussis Shipping Group, and took them on charter.

According to VesselsValue data, Anglo American also sold Ubuntu Humanity and Ubuntu Empathy to China’s Bank of Communications Financial Leasing Co (Bocomm Leasing) in December last year and took them on charter. This is also the case with Ubuntu Liberty and Ubuntu Sincerity, the data shows.

Anglo American names two LNG-powered bulkers in China1
Image: Shanghai Waigaoqiao Shipbuilding

Besides these six vessels, SWS also delivered four LNG-powered bulkers to 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.

- Advertisements -

Most Popular

Stena Bulk sells its last LNG carrier

Swedish shipping firm Stena Bulk has sold its last liquefied natural gas (LNG) carrier to an undisclosed Asian buyer. The...

Gulfstream LNG asks US FERC to start pre-filing process

Houston-based Gulfstream LNG is seeking approval from the US FERC to initiate the environmental pre-filing review for its mid-sized...

Shell launches largest bio-LNG plant in Germany

A unit of LNG giant Shell has launched what it says is the largest bio-LNG production plant in Germany. The...

More News Like This

XSI launches LNG-powered PCTC for Cosco Shipping’s JV

China’s Xiamen Shipbuilding Industry (XSI) has launched one LNG-powered pure car and truck carrier it is building for BoComm...

SWS kicks off work on LNG-powered PCTC

China’s Shanghai Waigaoqiao Shipbuilding said it had started building the first LNG-powered PCTC with a capacity of 8,600 units...

China’s SWS delivers LNG-powered bulker to Anglo American

China’s Shanghai Waigaoqiao Shipbuilding said it had delivered the LNG-powered bulk carrier, Ubuntu Sincerity, to mining giant Anglo American. This...

Performance Shipping orders LNG-ready tanker duo in China

Athens-based Performance Shipping will spend about $130 million on the construction of two LNG-ready LR2 Aframax tankers at China’s...