XSI launches LNG-powered PCTC for Cosco Shipping’s JV

China’s Xiamen Shipbuilding Industry (XSI) has launched one LNG-powered pure car and truck carrier it is building for BoComm Leasing and a joint venture led by Cosco Shipping.

XSI held the launching ceremony on Monday for the LNG dual-fuel PCTC (XSI463C) with a capacity of 7,500 ceu, according to a statement by Guangzhou Yuanhai Automobile Shipping, a JV formed by Cosco Shipping Specialized Carriers, Shanghai International Port Group Logistics (SIPGL), and SAIC Anji Logistics.

The JV said that the jointly ordered vessel is expected to be delivered in July.

Also, this is the first Guangzhou Yuanhai Automobile Shipping’s newbuild to be launched among the 24 LNG dual-fuel car carriers with a capacity of 7,000 ceu to 8600 ceu, according to the firm.

The launched vessel is 199.9 meters long, 38 meters wide, and has a total of 13 car decks.

XSI launches LNG-powered PCTC for Cosco Shipping's JV
Image: Guangzhou Ocean Car Carrier

XSI and Fujian Mawei Shipbuilding, both part of Fujian Shipbuilding Industry Group, are building in total 12 LNG-powered PCTCs which will serve the JV.

Guangzhou Yuanhai Automobile Shipping said in March last year that its fleet will grow to 24 LNG-powered PCTCs until 2026 after it placed an order for three more vessels with a capacity of 7,000 units at China’s Guangzhou Shipyard International (GSI).

The JV expects to take delivery of six newbuilds this year, 11 vessels in 2025, while seven vessels will join its fleet in 2026.

With the delivery of new capacity, the company plans to gradually expand its route coverage to Europe, South America, Mexico, Australia, and also other regions.

Most Popular

Woodside terminates Commonwealth LNG SPA

Australian LNG player Woodside has terminated its two LNG sale and purchase agreements with US LNG terminal developer Commonwealth LNG.

Thailand in Alaska LNG talks

Thailand's PTT and Egco will engage in further discussions to potentially participate in the development and buy volumes from the planned Alaska LNG project, according to Thailand's Ministry of Energy.

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

More News Like This

Cosco’s LNG carrier nears delivery in China

Cosco Shipping Energy Transportation's LNG carrier, Ocean Inspiration, which will serve a charter deal with Sinochem, has completed its trials, according to Chinese shipbuilder Hudong-Zhonghua.

Hudong-Zhonghua delivers new QatarEnergy LNG carrier

China's Hudong-Zhonghua has delivered another 174,000-cbm liquefied natural gas (LNG) carrier built as part of the massive QatarEnergy shipbuilding...

Hudong-Zhonghua launches two LNG tankers

Chinese shipbuilder Hudong-Zhonghua has launched two 174,000-cbm liquefied natural gas (LNG) carriers. According to a statement by Hudong-Zhonghua, the launching...

Hudong-Zhonghua delivers 8th LNG carrier in 2024

Last year, Hudong-Zhonghua delivered a record six LNG carriers. Earlier this month, the shipbuilder broke this record with the delivery of a...