SWS delivers LNG-powered bulker to Greece’s Maran Dry

China’s Shanghai Waigaoqiao Shipbuilding has delivered one LNG-powered bulk carrier to Greece’s Maran Dry Management, the dry bulk unit of Angelicoussis Shipping Group.

SWS said in a statement it delivered the 190,000-dwt LNG dual-fuel, Ubuntu Unity, on February 28.

The shipbuilder said it built the vessel for Clouds Marine S.A., but it did not mention Maran Dry in the statement.

According to the website of Maran Dry Management, the company’s fleet includes Ubuntu Unity as well as its sister vessel Ubuntu Community, scheduled for delivery in March.

These are the first LNG dual-fuel ships in its fleet which totals 45 vessels.

VesselsValue data shows that Maran Dry bought these ships from mining giant Anglo American and chartered them back to the latter.

Anglo American’s shipping unit ordered six vessels directly at SWS for about $60 million per vessel in 2021 and these two vessels are part of that order.

Besides these six ships, SWS also won a contract to build four LNG-powered bulkers for Taiwan’s shipowner U-Ming and these vessels will go on charter to Anglo American as well.

In January, Anglo American said that the company’s first chartered LNG-powered bulker, Ubuntu Harmony, had loaded its first cargo of iron ore in South Africa.

Anglo American expects to introduce all of the ten vessels to its chartered fleet during the course of 2023 and 2024.

Most Popular

Woodside issues Louisiana LNG construction update

In October 2024, Woodside acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per share....

Trump lifts pause on non-FTA LNG export approvals

Trump issued the executive order, which was widely expected, just hours after officially taking over his second four-year term...

Hoegh Evi, SEFE ink hydrogen pact

Norwegian FSRU player Hoegh Evi, previously known as Hoegh LNG, is joining forces with German gas importer Securing Energy...

More News Like This

NYK’s LNG-powered bulker wraps up sea trials in China

NYK's LNG dual-fuel bulker has completed its sea trials in China, according to shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS). CSSC's SWS...

SWS kicks off work on LNG-powered PCTC

China’s Shanghai Waigaoqiao Shipbuilding said it had started building the first LNG-powered PCTC with a capacity of 8,600 units...

China’s SWS delivers LNG-powered bulker to Anglo American

China’s Shanghai Waigaoqiao Shipbuilding said it had delivered the LNG-powered bulk carrier, Ubuntu Sincerity, to mining giant Anglo American. This...

Performance Shipping orders LNG-ready tanker duo in China

Athens-based Performance Shipping will spend about $130 million on the construction of two LNG-ready LR2 Aframax tankers at China’s...