BW LPG to convert three more VLGCs

BW LPG, a unit of the Singapore-based gas shipping giant BW, has committed an additional three VLGCs for its propulsion retrofitting program.

China’s Yiu Lian shipyard in Shenzhen is already converting in total 12 very large gas carriers for BW to LPG propulsion.

This move brings the total commitment to 15 vessels and a combined cost of about $130 million, the LPG shipper said in a statement on Monday.

Additionally, this announcement comes on the back of BW Gemini’s successful retrofitting, and transpacific voyage.

To remind, the VLGC left China last month following completion of sea and gas trials.

BW Gemini completed its “historic crossing” of the Pacific Ocean on LPG propulsion, and completed loading operations at Enterprise Terminal in Houston on Monday, BW LPG said.

Furthermore, the vessel is carrying a record load of 49,000 metric tons of LPG on a single keel, the firm said.

“We are taking the lead and advancing technology that will allow us to decarbonize and maximize the value of an asset with a 20-year lifespan as we prepare for a zero-carbon solution,” said Anders Onarheim, BW LPG CEO.

He adds, “Building new ships can provide the benefits of operating with LPG but comes at a heavy cost. Counting total emissions, a new ship represents about 70,000 tons of carbon dioxide in the materials and building process. Compared to 2,000 tons of carbon dioxide for retrofitting, the sustainability outcome is much better from retrofitting than from building new vessels.”

- Advertisements -

Most Popular

Report: Egypt’s EGAS charters Hoegh LNG’s FSRU

The Egyptian Natural Gas Holding Company (EGAS) has chartered Hoegh LNG's floating storage regasification and storage unit, Hoegh Galleon,...

Equinor says nobody injured after leak at Hammerfest LNG

Norway’s Equinor has confirmed that there were no injuries following a hydrocarbon leak at its 4.3 mtpa Hammerfest LNG...

Glenfarne’s Texas LNG inks new deal with EQT

US natural gas producer EQT has entered into a second heads of agreement for liquefaction services from Texas LNG’s...

More News Like This

BW LPG’s fourth VLGC conversion starts maiden voyage

BW’s fourth VLGC conversion to LPG dual-fuel propulsion has left China following the completion of its sea and gas...

BW LPG’s fourth VLGC conversion to leave yard for trials

BW’s fourth VLGC conversion to LPG dual-fuel propulsion is almost ready to start trials in the South China Sea. China’s...

Another BW LPG’s converted VLGC ready for work

BW’s third converted VLGC to LPG dual-fuel propulsion has completed sea and gas trials in the South China Sea. The...

BW LPG to sell VLGC duo

BW LPG, a unit of the Singapore-based gas shipping giant BW, is selling two very large gas carriers. The memorandums...