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

Japan’s MOL merges six ship management companies into one entity

Japanese shipping giant MOL, owner of a large LNG carrier fleet, has merged six of its ship management companies...

Germany’s BASF gets first LNG cargo under Cheniere contract

German chemicals giant BASF has received its first liquefied natural gas (LNG) cargo under a long-term contract with US LNG exporter Cheniere.

Top 5 news of the week August 24-30

LNG Prime brings you the five most popular news stories on our platform during the week of August 24-30, 2026.

More News Like This

Cosco Shipping to splash $2.69 billion on new LNG-powered containership order

China's Cosco Shipping will spend approximately $2.69 billion on a new order for 12 LNG dual-fuel container vessels in China.

Cosco Shipping, Shell, and Jiangnan seal deal for four LNG carriers

China's Cosco Shipping Energy Transportation, Cosco's shipping arm, has signed a shipbuilding deal with compatriot shipbuilder Jiangnan for four LNG carriers that will serve charter deals with a unit of UK-based LNG giant Shell.

MOL, Cosco Shipping name LNG carrier in China

China’s Hudong-Zhonghua has hosted a naming ceremony for a new 174,000-cbm LNG carrier built for Japan’s MOL and Cosco Shipping’s unit CSLNG.

Sallaum Lines books more LNG-powered PCTCs in China

Switzerland-based Sallaum Lines said it had placed an order for two LNG-powered pure car and truck carriers with a capacity of 8,600 ceu, the largest vessels in its history, at China's Xiamen Shipbuilding Industry.