GSI launches second LNG-powered Suezmax tanker for EPS

China’s Guangzhou Shipyard International (GSI) has floated out the second LNG-powered Suezmax tanker for Singapore’s Eastern Pacific Shipping.

GSI launched the 158,000-dwt Starway on March 22, according to a statement on Wednesday.

This follows the launch of the first vessel in this batch of two on December 31.

GSI claims these ships are the world’s first LNG dual-fuel Suezmax oil tankers.

The ABS-classed vessels are about 274 meters long and 48 meters wide.

Furthermore, the Chinese yard should deliver these ships later this year.

GSI launches second LNG-powered Suezmax tanker for EPS (2)
Image: Guangzhou Shipyard International

EPS placed this order at CSSC’s GSI in December 2019 for about $72 million per ship, according to VesselsValue.

Idan Ofer’s EPS is building a huge fleet of LNG-powered vessels, including bulk carriers, tankers, pure car and truck carriers, and containerships.

It also joined forces with Tor Olav Troim-led Golar LNG to form a new LNG carrier firm named Cool Company.

Most Popular

Chevron pens Western Australian gas supply deal with Alinta

Chevron’s Australian unit has signed a new long-term deal with Alinta Energy to deliver domestic natural gas from its Gorgon and Wheatstone LNG projects and the Woodside-led NWS JV.
spot_img

More News Like This

EPS seals refinancing deal for CoolCo LNG carriers

Singapore-based Eastern Pacific Shipping has signed a syndicated financing transaction for eleven liquefied natural gas (LNG) carriers owned by its unit CoolCo.

Evergreen to spend up to $1.47 billion on LNG-fueled containership order in China

Taiwan's shipping firm Evergreen Marine will spend up to $1.47 billion on a new order for five LNG dual-fuel container vessels in China.

EPS in 600th STS LNG bunkering op

Singapore’s Eastern Pacific Shipping has completed its 600th ship-to-ship LNG bunkering operation as the company’s fleet of LNG-fueled vessels continues to expand.

CoolCo upgrades nine LNG carriers

Eastern Pacific Shipping's CoolCo has upgraded the propulsion drives of nine of its liquefied natural gas (LNG) carriers.