China Merchants yard kicks off work on LNG-fueled PCTC for EPS

China Merchants Jinling Shipyard in Weihai has started building the third of six LNG-powered pure car and truck carriers for Idan Ofer’s Eastern Pacific Shipping.

To mark the construction start, the yard held a steel-cutting ceremony on April 17 for the vessel with a working name W0302, according to a statement.

The six vessels will have a capacity of 7000 units, 199.9 meters in length, and a designed draft of 8.6 meters.

With a gross tonnage of 72,000, they will have a designed speed of 19.5 knots and 12 cargo decks in total.

Also, these PCTCs will feature a high-pressure dual-fuel engine and two sets of 2000-cbm LNG storage tanks, according to the Chinese shipbuilder.

In August last year, the shipbuilder started building the first vessel in this batch, followed by the steel-cutting for the second in November.

VesselsValue data shows that EPS will pay about $87 for each of these six vessels and take delivery of them during 2024-2025.

Besides these six ships, EPS also has LNG-powered PCTCs on order at China Merchants Jinling Shipyard in Jiangsu.

Most Popular

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

Canada approves Ksi Lisims LNG project

According to a statement on Monday, Julie Dabrusin, Minister of Environment and Climate Change, issued her decision under the...

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

More News Like This

Eastern Pacific Shipping wraps up 450th LNG bunkering op

Singapore’s Eastern Pacific Shipping has completed its 450th ship-to-ship LNG bunkering operation as the company’s fleet of LNG-powered vessels continues to expand.

CoolCo always looking at acquisitions, CFO says

LNG carrier owner CoolCo is always on the lookout for potential acquisitions, according to CFO John Boots.

CoolCo expects LNG carrier charter rates to strenghten

LNG carrier operator Cool Company (CoolCo) expects that LNG carrier charter rates will strengthen as several large projects come online and ramp up production volumes. The shipping firm noted that chartering activity during the second quarter remained subdued.

China’s Hengli wins orders for LNG-powered vessels

China’s Hengli Heavy Industry, a part of Hengli Group, has secured orders for LNG dual-fuel containerships and tankers.