GSI kicks off work on LNG-powered PCTC

China’s Guangzhou Shipyard International (GSI) has started building the first LNG-powered pure car and truck carrier for Citic Financial Leasing and a joint venture led by Cosco Shipping.

GSI said in a statement it held on Wednesday a steel-cutting ceremony for the LNG dual-fuel PCTC (Hull No. 22110006) with a capacity of 7,000 ceu.

GSI says the vessel is owned by Citic Financial Leasing, a unit of Citic, and chartered by Guangzhou Yuanhai Automobile Shipping, a joint venture of Cosco Shipping Specialized Carriers, Shanghai International Port Group Logistics (SIPGL), and SAIC Anji Logistics.

China’s Guangzhou Shipyard International (GSI) has started building the first LNG-powered pure car and truck carrier for Citic Financial Leasing.
Image: GSI

VesselsValue data shows that Citic Financial Leasing ordered this and two more PCTCs at GSI for about $92 million per vessel in February last year.

The vessels are scheduled for delivery in 2025.

In March this year, GSI announced an order for three more LNG-powered PCTCs from Guangzhou Yuanhai Automobile Shipping.

GSI said at the time that it has 22 LNG-powered PCTCs on order, ranking first in the world.

Most Popular

Cheniere to start site preparation for two more Corpus Christi LNG trains

US LNG exporting giant Cheniere is seeking approval from the US FERC to start site preparation activities for two more midscale trains at its Corpus Christi LNG plant in Texas.

Amigo LNG, Sahara seal 20-year SPA

Amigo LNG, a unit of LNG Alliance, has signed a 20-year sales and purchase agreement with Sahara Group to supply the latter with liquefied natural gas from its planned 7.8 mtpa LNG export plant in Mexico.

Woodside names Sarah Bairstow as Louisiana LNG head

Australian LNG player Woodside has appointed Sarah Bairstow to lead its Louisiana LNG project.

More News Like This

MSC books LNG-powered duo in China

Switzerland-based shipping giant MSC has ordered two LNG dual-fuel ropax ferries at China’s Guangzhou Shipyard International (GSI), according to brokers.

Peter Dohle books more LNG-powered vessels in China

Germany’s Peter Dohle has ordered two more LNG dual-fuel container vessels at China’s Guangzhou Shipyard International (GSI), according to brokers.

H-Line’s LNG-powered PCTC delivered in China

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

Evergreen orders LNG-powered vessels in South Korea and China

Taiwan's shipping firm Evergreen Marine has ordered ultra-large LNG-powered containerships at two yards in South Korea and China.