Singapore-based ship management company Eastern Pacific Shipping (EPS) has signed a construction contract for 2+2 LNG dual-fuel LRII tankers with Chinese shipyard Guangzhou Shipbuilding International Co., a subsidiary of China State Shipbuilding Corporation, and CSSC Trading, reports Offshore Energy.
LNG dual-fuel LRII tankers
The order for the 111,000 dwt tankers brings GSI’s ordering tally for LNG dual-fuel LRII tankers to 16, which has secured the shipyard’s top ranking in the Chinese market for this type of ships.
The vessels are designed and developed in-house by GSI with environmental stewardship and efficiency in mind.
They will feature a length of 250 meters, a molded width of 44 meters, a structural draft of 14.7 meters, and a service speed of 14.5 knots. According to GSI, they will meet the rigorous emission standards of IMO TIER III and Phase 3 of the EEDI energy efficiency index. The delivery of the firm ships is slated for 2025 and 2026. If all options are exercised, the deal is expected to hit $280 million in value.
The vessels’ other characteristics include swift velocity, lightweight construction, reduced energy consumption, and remarkable adaptability.
The latest order builds on the existing fruitful collaboration between the two companies. Namely, in 2022 GSI delivered the world’s first LNG dual-fuel Suezmax tanker to EPS.
The 157,300 dwt Greenway can reduce carbon dioxide emissions by about 23%, nitrogen oxide emissions by about 90%, and particulate matter and sulfur oxide emissions by 99% when propelled in LNG mode, according to EPS.
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Source: Offshore Energy
