China’s GSI clinches contract for LNG-powered PCTC trio

China’s Guangzhou Shipyard International (GSI) said it had secured a new order to build three LNG-powered pure car and truck carriers for Guangzhou Yuanhai Automobile Shipping, a joint venture led by Cosco Shipping.

According to a statement by CSSC’s GSI on Friday, the shipbuilding deal includes the construction of three LNG dual-fuel PCTCs with a capacity of 7,000 units.

GSI did not reveal the price tag of the deal.

The shipbuilder said that the vessels will be 200 meters long, 38 meters wide, and have a design draft of 8.6 meters.

Besides the LNG dual-fuel propulsion system, they will have a battery system, and various energy saving tech, it said.

With this deal, GSI says it now has 22 LNG-powered PCTCs on order, ranking first in the world.

Earlier this year, GSI revealed orders for LNG-powered PCTCs with South Korea’s H-Line Shipping and China’s BYD Group.

GSI clinches contract for LNG-powered PCTC trio from Cosco Shipping JV
Image: GSI

LNG-powered fleet

Guangzhou Yuanhai Automobile Shipping joined forces in December last year with Japan’s Santoku Senpaku to order six LNG-powered PCTCs in China.

Fujian Mawei Shipbuilding and Xiamen Shipbuilding Industry will build these dual-fuel LNG-powered PCTCs with a capacity of 7,500 units.

Guangzhou Yuanhai Automobile Shipping is a third-party auto logistics supply chain company jointly funded by Cosco Shipping Specialized Carriers, Shanghai International Port Group Logistics (SIPGL), and SAIC Anji Logistics.

The company said in a separate statement that it will take delivery of these new LNG-powered vessels in 2026.

With this order, its fleet will grow to 24 LNG-powered car carriers, it said.

Cosco Shipping said in December that Guangzhou Yuanhai Automobile Shipping launched a new shipbuilding plan in order to alleviate the shortage of PCTC shipping capacity in the Chinese market.

The firm said at the time that the JV plans to put more than 15 large LNG dual-fuel PCTCs with a capacity of 7,000-8,500 units into service from the second half of 2024.

With the delivery of new capacity, the company will gradually expand its route coverage to Europe, South America, Red Sea, Mexico, Australia, and other regions, it said.

Most Popular

LNG carrier arrives to load first LNG Canada cargo

The 174,000-cbm GasLog Glasgow has arrived at the LNG Canada jetty in Kitimat to load the first LNG cargo produced at the Shell-led terminal, an LNG Canada spokesperson told LNG Prime on Saturday.

Coastal Bend LNG plans large Texas export plant

Coastal Bend LNG said it had initiated development of a 22.5 million ton per annum (mtpa) natural gas liquefaction and export facility on the Texas Gulf Coast.

HD Hyundai Samho scores contract to build LNG carrier quartet

South Korea’s HD Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.03 billion.

More News Like This

SAIC Anji takes delivery of new LNG-powered PCTC

China’s Jiangnan Shipyard has delivered a new LNG-powered pure car and truck carrier to compatriot SAIC Anji Logistics.

Cosco, PetroChina to take delivery of new LNG carrier

China's Cosco Shipping Energy Transportation and PetroChina will soon take delivery of a new liquefied natural gas (LNG) carrier.

MSC’s GNV orders four LNG-powered ships in China

MSC's Grandi Navi Veloci (GNV) has ordered four new LNG-powered ropax ships at China’s Guangzhou Shipyard International (GSI).

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.