Anglo American orders LNG-powered bulker duo in China

Mining giant Anglo American is continuing to invest in LNG-powered vessels following a charter deal with U-Ming last year, but this time the firm becomes a shipowner.

China State Shipbuilding Corporation’s Shanghai Waigaoqiao said in a statement it would build two LNG-powered capesize bulk carriers for Anglo American’s shipping unit.

The duo signed the deal for the two 190,000 DWT dual-fuel dry bulk carriers on March 15, according to the yard.

This means that Waigaoqiao will build in total six LNG-powered capesize vessels for Anglo American as Taiwan’s U-Ming also ordered the chartered quartet at the Chinese yard.

London-based Anglo American previously said it would start using the LNG-powered vessels in 2023 to transport iron ore from Brazil and South Africa to the company’s global customer base.

Additionally, the vessels will help the mining firm to slash emissions as it looks to achieve carbon-neutral operations by 2040.

- Advertisements -

Most Popular

Venture Global seeks more time to complete Calcasieu Pass LNG terminal

US LNG exporter Venture Global LNG has requested more time from the US FERC to complete the commissioning of...

First Gen seeks new LNG cargo for Batangas FSRU terminal

Power producer First Gen is seeking one spot LNG cargo for its FSRU-based import terminal in Batangas, Philippines. The firm...

Equinor seals 15-year LNG supply deal with India’s Deepak Fertilisers

Norway's Equinor and India's Deepak Fertilisers have signed a 15-year deal for supplies of liquefied natural gas (LNG) with...

More News Like This

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...

Seaspan, Hyundai Glovis order LNG-powered PCTCs in China

Seaspan and Hyundai Glovis joined forces to order six large LNG dual-fuel pure car and truck carriers from China's...

CMA CGM switches methanol containership order to LNG fuel

French shipping giant CMA CGM has decided to switch a recent order it placed in China for eight methanol-powered...