Seaspan, Hyundai Glovis order LNG-powered PCTCs in China

Seaspan and Hyundai Glovis joined forces to order six large LNG dual-fuel pure car and truck carriers from China’s Shanghai Waigaoqiao Shipbuilding (SWS).

The deal for the PCTCs with a capacity of 10,800 ceu also includes an option for four additional vessels, according to Seaspan’s parent Atlas.

Besides LNG dual-fuel propulsion, the PCTCs will be ammonia and methanol-ready, it said.

“The vessels will be under long-term time charter upon delivery and, as the largest PCTCs under development to date, will bring unparalleled quality, scale, and flexibility to Glovis,” the statement said.

With this PCTC order, Canada-based Seaspan enters a new segment and adds to its existing 70-vessel newbuild program which includes 25 dual-fuel LNG containerships.

Seaspan did not provide the price tag of the deal.

CSSC’s SWS said in a separate statement that the vessels will have 14 car decks and that the yard now has in total 16 PCTCs on order.

Seaspan, Hyundai Glovis order LNG-powered PCTCs in China
Image: Atlas

South Korea’s Hyundai Glovis recently revealed plans to order 12 LNG dual-fuel car carriers worth about $1.84 billion.

The South Korean operator of a large PCTC fleet and the shipping unit of Hyundai Motor Group said its board approved the investment on October 26.

The firm said at the time that it expects to take delivery of the final vessel in September 2027.

Hyundai Glovis had 116 vessels in its fleet as of the end of the last year, including over 80 PCTCs, its website shows.

Last year, Hyundai Glovis also entered the LNG transportation business after signing a 10-year charter deal for one newbuild LNG carrier with Australia’s Woodside.

Most Popular

Venture Global withdraws Delta LNG application

US LNG exporter Venture Global LNG is withdrawing its FERC application for the proposed 24.4 mtpa Delta LNG export facility in Louisiana. Instead, Venture Global will focus on expanding its Plaquemines LNG export facility in Louisiana.

Delfin seeks new DOE extension, eyes FID on first FLNG in August

Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, is seeking an additional extension from the US Department of Energy. The company is looking to make a final investment decision on the first FLNG in August.

Cheniere aims to start construction on Sabine Pass LNG expansion in late 2026

US LNG exporting giant Cheniere aims to start construction on the proposed expansion project at its Sabine Pass LNG export facility in Louisiana in late 2026.

More News Like This

H-Line’s LNG-powered PCTC delivered in China

China’s Guangzhou Shipyard International has handed over a new LNG-powered pure car and truck carrier to South Korean owner H-Line Shipping and charterer Hyundai Glovis.

Kunlun claims Hong Kong’s first STS LNG bunkering op

PetroChina's Kunlun Energy has completed what it says is the first ship-to-ship offshore LNG bunkering operation in Hong Kong.

NYK’s LNG-powered bulker wraps up sea trials in China

NYK's LNG dual-fuel bulker has completed its sea trials in China, according to shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS). CSSC's SWS...

H-Line’s LNG-fueled PCTC delivered in China

China’s Guangzhou Shipyard International (GSI) has handed over a new LNG-powered pure car and truck carrier to South Korean...