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 Ocean Car Carrier Transportation, 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 Ocean Car Carrier Transportation.

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

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