ABS Signs On Dual-fuel Ammonia Carrier Project
Classification society ABS announced it has signed a memorandum of understanding (MOU) to review an innovative new design from HD Hyundai Heavy Industries (HHI) for a dual-fuel, very large ammonia carrier (VLAC) for Eastern Pacific Shipping Pte. Ltd. (EPS).ABS joins project partners EPS, HHI and HHI Engine & Machinery Division, MAN Energy Solutions and the Maritime and Port Authority of Singapore.Fueled by ammonia and liquified natural gas (LNG), the 88K/93K cbm vessel design is expected to meet the demand for greenhouse gas reduction…
Guangzhou Shipyard Delivers Pair of Innovative Newbuild Ships
Guangzhou Shipyard delivered a pair of innovative ships recently: the 274m, 157,300 dwt Greenway reported to be the world’s first LNG dual fuel Suezmax tanker built for Singapore headquartered shipowner Eastern Pacific Shipping Pte. Ltd.; and the 49,990 dwt tanker Stena Pro Marine, the second methanol-fueled ship ever built in China.The Stena Pro Marine was handed over to Proman Stena Bulk, a joint venture between Sweden’s Stena Bulk AB and Switzerland-headquartered Proman, with…
South Korean Shipyard to Build Two More LPG Carriers
Leading South Korean shipbuilder Hyundai Mipo Dockyard Co., has won a US$102-million order from a Singaporean company to build two LPG carriers, according to Yonhap News Agency. Hyundai Mipo, a subsidiary of Hyundai Heavy Industries Co., said it will start building the vessels from March 2016 and deliver them a year later. Principals of Eastern Pacific is a subsidiary of Eastern Pacific Shipping Pte., an international ship management company headquartered in Singapore. Hyundai Mipo Dockyard tapped the LPG carrier market for the first time in 2006 and has built 25 LPG carriers, with its order backlog amounting to 21. The shipbuilder has obtained a total of $1.3 billion orders for 24 vessels including nine LPG carriers so far this year. Source: Yonhap