GSI launches first LNG-powered Suezmax tanker for EPS

China’s Guangzhou Shipyard International (GSI) said it has launched the first out of two LNG-powered Suezmax tankers for Singapore’s Eastern Pacific Shipping.

GSI floated out the 158,000-dwt Greenway on December 31.

The yard claims this is the world’s first LNG dual-fuel Suezmax oil tanker.

Furthermore, the ABS-classed vessel is about 274 meters long and 48 meters wide.

GSI should deliver this vessel, along with its sister ship Starway, later this year.

GSI launches first LNG-powered Suezmax tanker for EPS (2)
Image: Guangzhou Shipyard International

EPS placed this order at CSSC’s GSI in December 2019 for about $72 million per ship, according to VesselsValue. Idan Ofer’s EPS also ordered two LNG-powered bulk carriers at CSSC’s SWS.

The shipping firm is building a huge fleet of LNG-powered vessels, including bulk carriers, tankers, pure car and truck carriers, and containerships.

It also recently joined forces with Tor Olav Troim-led Golar LNG to form a new LNG carrier firm named Cool Company.

Most Popular

PetroChina delivers first LNG cargo to Gate under long-term capacity deal

PetroChina International, a unit of state-owned PetroChina, has delivered its first LNG cargo to the Dutch Gate LNG import terminal in Rotterdam, owned by Gasunie and Vopak, under a long-term capacity deal.

Spain’s Elcano sells steam LNG carrier

Spanish shipping firm Empresa Naviera Elcano has completed the sale of its 2003-built steam liquefied natural gas (LNG) carrier Castillo de Villalba.

Eni to sell stakes in Indonesian upstream assets

Italian energy firm Eni has signed agreements with Pertamina and Medco to sell stakes in upstream assets in Indonesia.

More News Like This

GSI delivers new LNG-fueled PCTC to HMM and Hyundai Glovis

China’s Guangzhou Shipyard International has handed over a new LNG-fueled pure car and truck carrier to South Korea's HMM and Hyundai Glovis.

EPS, Suardiaz strengthen ties with delivery of LNG-powered PCTC

Singapore's Eastern Pacific Shipping and Spanish logistics and shipping group Suardiaz have strengthened their longstanding partnership with the delivery of the LNG dual-fuel PCTC RS Atlantico.with the delivery of the LNG dual-fuel PCTC RS Atlantico.

GSI scores order for 10 LNG-powered PCTCs

China’s Guangzhou Shipyard International (GSI) has secured an order worth more than $1 billion to build 10 LNG dual-fuel pure car and truck carriers.

Chinese yard nears completion of LNG bunkering vessel conversion

China’s Guangzhou Shipyard International has almost completed the conversion of the 28,000-cbm LNG carrier CNTIC VPower Global into an LNG bunkering vessel.