SWS hands over second LNG-powered bulker to Greece’s Maran Dry

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

SWS said in a statement it delivered the 190,000-dwt LNG dual-fuel, Ubuntu Community, on April 18.

The shipbuilder said it built the vessel for Barney Shiptrade, but it did not mention Maran Dry in the statement.

According to the website of Maran Dry Management, the company’s fleet includes Ubuntu Community, as well as its recently delivered sister vessel, Ubuntu Unity.

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

SWS hands over second LNG-powered bulker to Greece’s Maran Dry
Ubuntu Unity (Image: Angelicoussis Shipping Group)

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

ExxonMobil CEO says Golden Pass LNG launch could slip into 2026

State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18...

Glenfarne’s Texas LNG picks Kiewit as EPC contractor

Texas LNG said in a statement it will work with Kiewit to "promptly" complete the pre-final investment decision (FID)...

Kosmos: Tortue FLNG to start production at end of fourth quarter

In February, the 2.5 mtpa FLNG, which was converted from a 1975-built Moss LNG carrier with a storage...

More News Like This

Greece’s Maran Gas welcomes new LNG carriers in its fleet

Greece’s Maran Gas, the gas shipping unit of Angelicoussis, has added two more newbuild liquefied natural gas carriers to...

Seatrium scores LNG carrier gig from Angelicoussis

Singapore’s Seatrium has secured a contract from Greek shipping giant Angelicoussis Group to refit the latter’s LNG carriers, tankers,...

PetroVietnam Power gets $300 million loan for LNG power plants

PetroVietnam Power, a unit of state-owned PetroVietnam, has signed a deal with Citibank and ING for a $300 million...

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...