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

Woodside terminates Commonwealth LNG SPA

Australian LNG player Woodside has terminated its two LNG sale and purchase agreements with US LNG terminal developer Commonwealth LNG.

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

Thailand in Alaska LNG talks

Thailand's PTT and Egco will engage in further discussions to potentially participate in the development and buy volumes from the planned Alaska LNG project, according to Thailand's Ministry of Energy.

More News Like This

MSC’s GNV orders four LNG-powered ships in China

MSC's Grandi Navi Veloci (GNV) has ordered four new LNG-powered ropax ships at China’s Guangzhou Shipyard International (GSI).

Cosco’s LNG carrier nears delivery in China

Cosco Shipping Energy Transportation's LNG carrier, Ocean Inspiration, which will serve a charter deal with Sinochem, has completed its trials, according to Chinese shipbuilder Hudong-Zhonghua.

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.