Eastern Pacific Shipping takes delivery of LNG-powered bulker in China

China’s New Times Shipbuilding said it had delivered an LNG-powered bulk carrier to Idan Ofer’s Eastern Pacific Shipping.

The vessel in question is the 210,000-dwt bulk carrier, Mount Gaea.

New Times said in a statement it handed over the LNG dual-fuel bulk carrier on November 15.

According to the Chinese yard, it is building in total eleven 210,000-dwt LNG dual-fuel bulk carriers for EPS and this is the third vessel in this batch.

The official website of EPS shows that the firm has in total 13 LNG-powered Newcastlemax bulk carriers on order and scheduled for delivery between 2022 and 2024.

Earlier this year, EPS took delivery of the 209,000-dwt Mount Tourmaline and the 209,000-dwt, Mount Nova Terra, the first and second LNG-powered Newcastlemax bulk carriers in its fleet.

China’s Shanghai Waigaoqiao Shipbuilding, a part of CSSC, built these two ships which serve Australian miner BHP under long-term charters.

The newly delivered Mount Gaea will also serve BHP to transport iron ore between Western Australia and Asia

BHP has chartered in total five LNG-fueled Newcastlemax bulk carriers from EPS for five years and awarded the LNG fuel contract to Shell.

Most Popular

TotalEnergies, CMA CGM get EU OK for LNG bunkering JV

French energy giant TotalEnergies and compatriot shipping firm CMA CGM have received approval from the European Commission to form a 50/50 logistics joint venture and operate an LNG bunkering supply solution at the Dutch port of Rotterdam.

Atlantic spot LNG rates dip to $20,000 per day

Atlantic spot LNG shipping rates continued to decrease this week, dropping to $20,000 per day, according to Spark Commodities.

Uniper, Equinor seal long-term gas supply deal

German energy and LNG firm Uniper has signed a long-term deal with Norway's Equinor for the supply of natural gas to Germany.

More News Like This

Maran Tankers adds LNG-powered newbuild to its fleet

Maran Tankers Management, the oil tanker unit of Greece’s Angelicoussis Shipping Group, has taken delivery of another LNG dual-fuel Suezmax oil tanker in China.

EPS wraps up 700th STS LNG bunkering op

Singapore’s Eastern Pacific Shipping has completed its 700th ship-to-ship LNG bunkering operation as the company’s fleet of LNG-fueled vessels continues to expand.

EPS seals refinancing deal for CoolCo LNG carriers

Singapore-based Eastern Pacific Shipping has signed a syndicated financing transaction for eleven liquefied natural gas (LNG) carriers owned by its unit CoolCo.

EPS in 600th STS LNG bunkering op

Singapore’s Eastern Pacific Shipping has completed its 600th ship-to-ship LNG bunkering operation as the company’s fleet of LNG-fueled vessels continues to expand.