Eastern Pacific Shipping takes delivery of first LNG-powered LR2 tanker in China

China’s New Times Shipbuilding said it has delivered the first out of two LNG-powered LR2 tankers to Idan Ofer’s Eastern Pacific Shipping.

The shipbuilder delivered the 110,000-dwt dual-fuel crude oil tanker, Clearocean Emerald, to EPS during a video ceremony on February 15.

New Times Shipbuilding says this is the first such vessel built in China.

Both of the tankers are 249.9 meters long, 44 meters wide, and have a design draft of 13.5 meters.

Eastern Pacific Shipping takes delivery of first LNG-powered LR2 tanker in China
Image: New Times Shipbuilding

The ABS-classed ships feature two LNG fuel tanks, each with a volume of 2,300 cubic meters, enabling them to sail in the gas mode about 16,000 nautical miles, according to New Times.

New Times said it would deliver the second ship, Clearocean Jade, in March.

VesselsValue data shows that both of the LNG-powered LR2 tankers will go on charter to Gunvor’s Clearlake Shipping.

Besides these ships, New Times is building LNG-powered bulk carriers for EPS but also for Tor Olav Trøim’s Himalaya Shipping.

Most Popular

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.

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.

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.