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.

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