Hafnia, CSSC Shipping order two new LNG-powered tankers

Hafnia, a unit of Singapore-based gas shipping giant BW, and its partner CSSC Shipping have ordered two new LNG-powered LR2 tankers in China.

Their joint venture Vista Shipping exercised options in May for two further
LR2 tankers with dual-fuel engines at Guangzhou Shipyard International, Hafnia said in its first-half report on Monday.

The deal has a price tag of $59 million, according to Hafnia.

“At delivery, the vessels will be chartered out for 5 years to an oil major at attractive rates,” Mikael Skov, CEO of Hafnia, said.

According to Skov, Vista’s high-pressure engines release 97% less methane than a standard low-pressure LNG engine.

In addition, GSI would prepare the fuel systems on-board for future renewable fuels with some engine modifications. The yard will deliver these vessels in 2024.

Hafnia did not reveal any additional information.

Vista has last year ordered two dual-fuel Aframax-type LR2 vessels at GSI. These vessels will join TotalEnergies’ time-chartered fleet in 2023.

Each tanker will be 250 meters long with 12 cargo tanks, enabling a carrying capacity of 110,000 DWT or 133,500 cbm.

Featuring LNG fuel capacity of 3,600 cbm, the vessels would have a range of 13,500 nautical miles when sailing on LNG at 14.5 knots, Hafnia previously said.

- Advertisements -

Most Popular

ExxonMobil working on larger Rovuma LNG export project in Mozambique

US energy giant ExxonMobil has boosted the capacity of the planned Rovuma LNG onshore terminal in Mozambique and is...

Sempra takes FID on Port Arthur LNG project

US LNG player Sempra Infrastructure, a unit of Sempra, has taken a final investment decision for the first phase...

Excelerate to buy FSRU from Maran Gas

US floating LNG player Excelerate Energy plans to exercise an option to buy the 2020-built FSRU Sequoia from Greece’s...

More News Like This

GSI bags order for three more LNG-powered PCTCs

China’s Guangzhou Shipyard International (GSI) will build three LNG-powered pure car and truck carriers under a new deal revealed...

GSI delivers two LNG-powered tankers

China’s Guangzhou Shipyard International (GSI) has delivered LNG-powered tankers to a joint venture of Singapore’s Hafnia and CSSC Shipping,...

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...

Hafnia, CSSC Shipping name first LNG-powered tanker in China

China’s Guangzhou Shipyard International (GSI) has hosted a naming ceremony for the first LNG-powered LR2 tanker it built for...