JP Morgan’s Norwegian Car Carriers has ordered one more LNG dual-fuel PCTC at China’s CIMC Raffles in Yantai.
NOCC CEO Olav Sollie announced the order last week in a social media post saying the company is “ramping up its green fleet for the future”.
Sollie did not reveal the price tag of the order or the delivery date of the vessel.
The LNG dual-fuel pure car and truck carrier (PCTC) will have a capacity of 7,000 ceu, such as its two sister vessels.
In February, NOCC announced it has entered into an agreement with the shipbuilder for the construction of two car carrier newbuildings with a capacity of 7,000 ceu.
NOCC said the vessels are LNG dual-fuel type and ammonia-ready basis from DNV.
The company expects to take delivery of the first vessel in 2025 and the second vessel in 2026.
According to VesselsValue data, NOCC will take delivery of the third vessel in 2027.
The data shows that NOCC will pay $88 million for each of the first two LNG-powered PCTCs.
Last year, NOCC became fully owned by a company advised by JP Morgan Global Alternative’s Global Transportation Group.
NOCC’s website shows it currently has three PCTCs in its fleet built between 2009 and 2017.
Two of the vessels have a capacity of 6,500 ceu and one has a capacity of 6,754 ceu.