GSI bags order for three more LNG-powered PCTCs

China’s Guangzhou Shipyard International (GSI) will build three LNG-powered pure car and truck carriers under a new deal revealed this week.

GSI said in a statement it signed a shipbuilding deal on March 16 with an unidentified Asian owner for three dual-fuel PCTCs with a capacity of 8,600 units.

The shipbuilder said this is another order of the same vessel type after the signing of the three 8,600-ceu dual-fuel carriers with South Korea’s H-Line.

H-Line will charter these LNG-powered PCTCs to Hyudai Glovis.

GSI did not provide the name of the owner or the price tag of the new contract.

Shipbuilding sources told LNG Prime that South Korean shipping firm HMM is behind this order for the three new LNG-powered PCTCs.

Moreover, each of the PCTCs are said to be worth about $100 million and one source said that GSI is expected to deliver the vessels in 2026.

25 LNG dual-fuel PCTCs

The 8,600-ceu vessels will have an overall length of 200 meters, a beam of 38 meters, a design draft of 9.2 meters, and a design speed of 19 knots, according to GSI.

With this deal, GSI says it now has 25 LNG-powered PCTCs on order, ranking first in the world.

The shipbuilder recently also won an order from Cosco Shipping’s JV for three LNG dual-fuel PCTCs with a capacity of 7,000 units.

Besides Cosco, GSI’s other contracts for LNG dual-fuel carriers include orders from Norway’s SFL and China’s BYD Group.

Most Popular

Venture Global seeks FERC OK for CP2 LNG expansion

US LNG exporter Venture Global LNG has filed a new application with the US FERC seeking approval to add approximately 11.7 million metric tonnes per annum of capacity at its CP2 LNG project in Louisiana.

Yangzijiang charters its first LNG carrier

Chinese private shipyard Yangzijiang Shipbuilding has chartered its first 175,000-cbm liquefied natural gas (LNG) carrier to capitalize on opportunities arising from the volatile market

Knutsen working on nuclear-powered LNG tanker

Norwegian owner Knutsen is exploring the possibility of retrofitting a small nuclear reactor on its steam liquefied natural gas (LNG) carrier.

More News Like This

Evergreen to spend up to $1.47 billion on LNG-fueled containership order in China

Taiwan's shipping firm Evergreen Marine will spend up to $1.47 billion on a new order for five LNG dual-fuel container vessels in China.

Evergreen to spend up to $2.87 billion on new LNG-powered containership order

Taiwan's shipping firm Evergreen Marine will spend up to $2.87 billion on an order for 14 LNG dual-fuel container vessels in China and South Korea.

GSI delivers H-Line’s LNG-fueled PCTC

China’s Guangzhou Shipyard International has handed over a new LNG-fueled pure car and truck carrier to South Korean owner H-Line Shipping and charterer Hyundai Glovis.

Samsung Heavy, GSI to build Evergreen’s LNG-powered containerships

South Korea's Samsung Heavy Industries and China’s Guangzhou Shipyard International (GSI) will build 14 LNG dual-fuel vessels for Taiwan's shipping firm Evergreen Marine, according to shipbuilding sources and brokers.