EPS inks deal with Chinese yard for two LNG-powered PCTCs

Idan Ofer’s Eastern Pacific Shipping has signed a shipbuilding deal with China Merchants Jinling Shipyard in Weihai for two LNG-powered pure truck and car carriers

CMI Weihai said in a statement it has signed the deal with the Singapore-based firm on March 8.

EPS ordered two LNG dual-fuel 7,000 CEU PCTCs at the yard, boosting the total to six at CMI Weihai following the contract for four vessels, including two options, in August last year.

The shipping firm now exercised these options.

LNG Prime reported on this development, citing shipbrokers, in February.

These dual-fuel PCTCs have a length of 199.9 meters and a designed draft of 8.6 meters.

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

Also, these PCTCs would feature a high-pressure dual-fuel engine and two sets of 2000-cbm LNG storage tanks, it said.

The shipbuilder did not disclose the financial details of the deal.

VesselsValue data shows that EPS would pay about $87 million per ship and deliver them in 2025.

Most Popular

Golar plans new FLNG order in 2025

Floating LNG player Golar LNG is working with shipyards to order one or more floating LNG production units in 2025.

Golar chairman says FLNG industry set for ‘massive’ growth

Golar LNG will continue to expand its fleet of floating LNG production units in an industry set for "massive" growth, according to Golar LNG's chairman, Tor Olav Trøim.

Venture Global to start CP2 LNG construction after FERC approval

US LNG exporter Venture Global LNG plans to start construction of its CP2 LNG project in Louisiana "immediately" following approval from the US FERC.

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.

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.

Eastern Pacific Shipping in 350th LNG bunkering op

Singapore’s Eastern Pacific Shipping has completed its 350th ship-to-ship LNG bunkering operation as the company’s fleet of LNG-powered vessels continues to expand.