Tag: Newbuilds
DNV to class Purus’ first VLEC newbuilds
DNV has been selected to class ship owner Purus’ newbuilding order of two Very Large Ethane Carriers (VLEC). The vessels have been contracted at HD Hyundai Heavy Industries (HHI) in South Korea and scheduled for delivery in 2026-2027. With a cargo carrying capacity of 98,000cbm, the two VLECs will be fitted with GTT’s Mark III…
WinGD debuts Variable Compression Ratio technology on NYK Line newbuilds
Swiss marine power company WinGD will realise the first commercial instalments of its new variable compression ratio (VCR) technology on two new dual-fuel LNG powered vessels being built for NYK Line.A 95,000 DWT bulk carrier being built at Oshima Shipbuilding Co.,Ltd. and a 7,000 CEU pure car and truck carrier (PCTC) being built at Shin…
EXMAR hits milestone to equip gas newbuilds with ammonia dual-fuel engines
EXMAR LPG BV, a joint venture between EXMAR and Seapeak, is going ahead with ammonia as fuel for two Midsize Gas Carriers (MGCs) on order at Hyundai Mipo Dockyard in South Korea. The ships will be the first ever oceangoing vessels to be propelled by dual-fuel ammonia engines, allowing for close to zero emissions trading…
Institutional investors advised by J.P. Morgan order dual-fuel methanol IMO II Mr newbuilds with Totalenergies
J.P. Morgan Global Alternative’s Global Transportation Group (“JPMGTG”) (www.jpmorgan.com/am) is pleased to announce that institutional investors advised by JPMGTG have concluded an order for two 49,800 deadweight dual-fuel Methanol Chemical IMOII Medium-Range (MR) Newbuilds, to be constructed at Guangzhou Shipyard International (GSI), in China. Both vessels are scheduled to be delivered in 2026 and will…
Republic of the Marshall Islands to Flag Two First-ever 22,000 Cubic Meters Liquid Carbon Dioxide Carrier Newbuilds
The Republic of the Marshall Islands (RMI) will flag the first-ever state-of-the-art 22,000 cubic meters (cbm) liquid carbon dioxide (LCO2) carriers whose order was recently announced by Capital Gas Ship Management Corp. The carriers will be built at Hyundai Mipo Dockyard in South Korea and are scheduled to be delivered 2025-2026. This milestone emphasizes expectations…