EPS orders LNG-powered tankers in China

Singapore’s Eastern Pacific Shipping has ordered LNG dual-fuel tankers at China’s Guangzhou Shipyard International (GSI), according to shipbuilding sources.

The sources told LNG Prime on Wednesday that Idan Ofer’s EPS signed a shipbuilding deal with GSI for two LNG-powered LR2 vessels.

EPS is expected to take delivery of the ships in 2026.

The price tag of the contract has not been revealed.

GSI confirmed the signing of the contract in a statement released on Thursday saying that it includes an option for two more 110,000-dwt LNG dual-fuel LR2 tankers.

Also, the vessels will be 250 meters long and 44 meters wide with a service speed of 14.5 knots, it said.

In September last year, EPS took delivery of its second LNG-powered Suezmax tanker, Starway, from GSI.

EPS and the Chinese yard claim that its sister vessel Greenway, which was delivered in June 2022, is the world’s first LNG-powered Suezmax tanker.

Classed by ABS, both of the vessels are about 274 meters long and 48 meters wide, and feature MAN ME-GI engines and two type C LNG tanks.

In addition, EPS already has LNG-powered LR2 tankers in its fleet.

China’s New Times Shipbuilding delivered the first of two LNG-powered LR2 tankers to EPS in February last year.

The 110,000-dwt dual-fuel crude oil tankers, Clearocean Emerald and Clearocean Jade, chartered by Gunvor’s Clearlake Shipping, feature two type C LNG fuel tanks, each with a volume of 2,300 cbm.

(Article updated on June 8 to include a statement by GSI.)

Most Popular

QatarEnergy CEO says damaged Ras Laffan LNG trains to take three years to repair

State-owned LNG giant QatarEnergy expects the damage to two liquefaction trains at its giant Ras Laffan complex to take three years to repair, according to Qatar’s energy minister and CEO of QatarEnergy, Saad Sherida Al-Kaabi.

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.

More News Like This

GSI scores order for 10 LNG-powered PCTCs

China’s Guangzhou Shipyard International (GSI) has secured an order worth more than $1 billion to build 10 LNG dual-fuel pure car and truck carriers.

Chinese yard nears completion of LNG bunkering vessel conversion

China’s Guangzhou Shipyard International has almost completed the conversion of the 28,000-cbm LNG carrier CNTIC VPower Global into an LNG bunkering vessel.

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.