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.

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