Singapore-based Eastern Pacific Shipping (EPS) has placed an order for the construction of up to six dual-fuel car carriers with China Merchants Jinling shipyard, says an article published in Offshore Energy.
Deal for car carriers
The deal includes four firm 70,000 tonne-class car carriers and an option for two additional ones. Market reports indicate that the deal is worth around $522 million.
EPS’s decarbonization strategy
LNG is a major component of EPS’ Environmental, Social & Governance (ESG) policy, and the company has been on roll with the ordering of dual-fuel vessels over the recent period.
Aside from LNG, the company is also looking into the potential of LPG, Ethane, Biofuels, Methanol, and Ammonia as part of its decarbonization strategy.
Recent dual-fuel deals
Some of the most recent deals saw EPS order three dual-fuel 210,000 dwt Capesize bulk carriers that will be chartered by Rio Tinto, as well as 11 large container ships which have been chartered out to MSC.
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Source: Offshore Energy
