EPS takes delivery of second LNG-fueled Suezmax

Idan Ofer’s Eastern Pacific Shipping has taken delivery of the second LNG-powered Suezmax tanker from China’s Guangzhou Shipyard International (GSI).

GSI handed over the 158,000-dwt Starway to EPS on Friday, according to a statement.

With this, GSI completed the project which included the construction of two LNG-powered Suezmax vessels.

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

In July, Greenway completed its first LNG bunkering operation in Malaysia.

EPS takes delivery of second LNG-fueled Suezmax
Sister vessel Greenway (Image: Eastern Pacific Shipping)

India’s Reliance Industries chartered the vessel for its maiden voyage to carry a cargo of ultra low sulphur diesel.

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.

EPS placed this order at GSI in December 2019 for about $72 million per ship, according to VesselsValue.

Most Popular

McDermott bags Monkey Island LNG gig

Houston-based McDermott has secured a contract from Monkey Island LNG for its planned natural gas liquefaction facility in Cameron Parish, Louisiana.

NextDecade takes FID on fourth Rio Grande LNG train

US LNG firm NextDecade has made a final investment decision on the fourth train at its Rio Grande LNG facility in Texas.

Equinor eyes LNG carrier order

Norwegian energy firm Equinor is interested in booking liquefied natural gas (LNG) carriers at yards in South Korea and China, according to shipbuilding sources.

More News Like This

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.

GSI delivers LNG-powered PCTC to BYD

China’s Guangzhou Shipyard International (GSI) has delivered an LNG-powered pure car and truck carrier to compatriot electric vehicle giant BYD.