China’s GSI wins order from EPS to build four LNG-powered tankers

Singapore’s Eastern Pacific Shipping has ordered four LNG dual-fuel LR2 oil tankers at China’s Guangzhou Shipyard International.

GSI said on Tuesday that the contract was signed at the Posidonia shipping event in Athens, Greece.

Besides the four 111,000-dwt LNG dual-fuel tankers, GSI also won a contract to build two 50,000-dwt methanol dual-fuel tankers from Vietnam’s Asia Pacific Shipping (ASP), it said.

GSI did not provide the price tag of the contracts or the delivery dates for the vessels.

So far, GSI won orders for more than 80 LNG dual-fuel and methanol dual-fuel ships, it said.

Earlier this year, EPS placed an order for two more LNG dual-fuel LR2 oil tankers at GSI.

Prior to that, EPS ordered last year two LNG-powered LR2 vessels at GSI scheduled for delivery in 2026 and with an option for two more vessels.

The vessels, each said to be worth more than $70 million, will be 250 meters long and 44 meters wide with a service speed of 14.5 knots.

EPS recently completed its 200th ship-to-ship LNG bunkering operation, as the company’s fleet of LNG-fueled vessels continues to expand.

The firm has a large fleet of LNG-powered vessels, including containerships, tankers, bulkers, and pure car and truck carriers.

According to its website, EPS has 74 dual-fuel vessels in its fleet of 250 managed vessels.

Most Popular

Venture Global’s Plaquemines LNG to commission third jetty

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce hazardous fluids to the third jetty at its Plaquemines LNG export plant in Louisiana.

Samsung Heavy, KR to develop three-tank LNG carrier

South Korean shipbuilder Samsung Heavy Industries signed a memorandum of understanding with compatriot classification society KR to jointly develop a 174,000-cbm LNG carrier featuring three cargo tanks.

Another FSRU arrives in Egypt

The 160,000-cbm FSRU Energos Eskimo has arrived in Egypt from Jordan, according to shipping data. The unit is one of four FSRUs that will serve a charter deal with Egypt's EGAS as the country seeks to meet its growing demand for natural gas.

More News Like This

EPS boosts stake in CoolCo

CoolCo's largest shareholder, Eastern Pacific Shipping, has further increased its shareholding in the LNG carrier operator.

CoolCo secures new LNG carrier charter deals

LNG carrier operator Cool Company (CoolCo) has secured new charter deals for two of its vessels during the first quarter. CoolCo also said it found employment in the spot market for its newbuild vessel Kool Tiger, while it still looks to employ the vessel on a long-term charter.

MSC’s GNV orders four LNG-powered ships in China

MSC's Grandi Navi Veloci (GNV) has ordered four new LNG-powered ropax ships at China’s Guangzhou Shipyard International (GSI).

EPS LNG-powered tankers to feature HD KSOE’s pumps

Singapore-based Eastern Pacific Shipping (EPS) has joined forces with South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to install the latter’s pumps and vaporizer skids on LNG-powered Aframax tankers.