H-Line orders LNG-powered PCTCs at GSI

China’s Guangzhou Shipyard International (GSI) said it has secured a new order to build two LNG-powered pure car and truck carriers for South Korea’s H-Line Shipping.

GSI Nansha said in a recent statement it won orders for a total of six ships worth more than 4 billion yuan ($628.7 million). Besides the two LNG-powered PCTCs, GSI will also build a new ice-breaking tanker for MOL that will serve the Novatek-operated Arctic LNG 2 project.

As per the PCTCs, they will have dual-fuel propulsion and a capacity of about 7,000 units, according to GSI.

The yard did not reveal the price tag or the delivery date of the vessels

According to Clarksons Platou, GSI would deliver both of the LNG-dual fuel vessels to GSI in 2025, boosting the total to four as H-Line already booked two PCTCs last year.

The shipbroker previously said that the vessels would go on charter to Hyundai Glovis and that H-line would pay about $83 million per ship.

Besides these vessels, GSI won orders last year for a total of four LNG-powered PCTCs from SFL Corporation, controlled by billionaire John Fredriksen. These ships have a capacity of 7,000 CEU as well.

In addition to PCTCs, GSI also recently launched the first out of two LNG-powered Suezmax tankers it is building for Singapore’s Eastern Pacific Shipping.

- Advertisements -

Most Popular

Golden Pass LNG to ramp up construction activities after Zachry deal

QatarEnergy and ExxonMobil will ramp up construction activities at the Golden Pass LNG export terminal in Texas after a...

Hudong-Zhonghua confirms TotalEnergies order for LNG bunkering vessel

China’s Hudong-Zhonghua said it had secured an order to build one 18,600-cbm LNG bunkering vessel for French energy giant...

India was top destination for US LNG cargoes in May

India was the top destination for US liquefied natural gas cargoes in May, as Asia overtook Europe as the...

More News Like This

H-Line and Hyundai Glovis take delivery of LNG-powered PCTC in China

China’s Guangzhou Shipyard International (GSI) has delivered one LNG-powered pure car and truck carrier to South Korean owner H-Line...

Hyundai Glovis, Woodside name LNG carrier in South Korea

South Korea’s Hyundai Samho hosted a naming ceremony for one 174,000-cbm LNG carrier it built for compatriot shipowner Hyundai...

China’s GSI wins order from EPS to build four LNG-powered tankers

Singapore’s Eastern Pacific Shipping has ordered four LNG dual-fuel LR2 oil tankers at China's Guangzhou Shipyard International. GSI said on...

GSI secures order from Hyundai Glovis for six LNG-powered PCTCs

China's Guangzhou Shipyard International (GSI) has secured an order from South Korea's Hyundai Glovis to build six more LNG...