Eastern Pacific Shipping books another LNG PCTC in China

Singapore’s Eastern Pacific Shipping has ordered another LNG-powered pure truck and car carrier at China Merchants Jinling Shipyard.

The duo signed the new deal via a video call on September 17 and EPS now has in total nine LNG PCTCs on order at the Chinese shipbuilder.

This new deal for one vessel follows the signing of a contract for four LNG-powered PCTCs on August 30 but also four in June.

Both of the orders include options for two vessels, boosting the total up to 12 LNG-powered ships for Idan Ofer’s EPS.

The 199.9 meters long vessels will have a total car capacity of about 7,000 units. In addition, each ship will feature two 2,000-cbm LNG tanks.

According to the EPS website, the yard should deliver all of the nine vessels in 2023-2025.

Most Popular

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

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.

Another steam LNG carrier sold for demolition

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

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.