J.P. Morgan makes its first move into methanol-fueled newbuilds

The momentum towards methanol fueling continues to build. J.P. Morgan Global Alternative’s Global Transportation Group (JPMGTG) reports that institutional investors advised by it have concluded an order for two 49,800 dwt methanol dual-fueled methanol chemical IMO II medium-range (MR) newbuild tankers.

To be constructed at Guangzhou Shipyard International (GSI), in China, both vessels are scheduled to be delivered in 2026 and will be fixed on time-charter to TotalEnergies.

JPMGT says that the new...

https://www.marinelog.com/legal/shipping/j-p-morgan-makes-its-first-move-into-methanol-fueled-newbuilds/

GSI To Build New Methanol Tankers for Proman Stena Bulk

Proman Stena Bulk has signed an agreement with Guangzhou Shipyard International (GSI) in China to build two state of the art IMOIIMeMAX methanol-ready 49,900 DWT ships, says an article published in their website.

First deal signed

Proman Stena Bulk Ltd has this week finalized an agreement with Guangzhou Shipyard International (GSI) in China to build two state of the art IMOIIMeMAX methanol-ready 49,900 DWT vessels, with the first vessel due for delivery at the beginning of 2022. 

This represents...

http://mfame.guru/gsi-to-build-new-methanol-tankers-for-proman-stena-bulk/

Proman Stena Bulk And GSI Sign Deal For New Methanol Powered Tankers

stena_pro_methanol tankers

Proman Stena Bulk Ltd has this week finalized an agreement with Guangzhou Shipyard International (GSI) in China to build two state of the art IMOIIMeMAX methanol-ready 49,900 DWT vessels, with the first vessel due for delivery at the beginning of 2022. This represents the first deal signed by the newly-created joint venture between Swedish Stena Bulk and the Swiss-based Proman Shipping.

Following extensive development and towing tank tests by GSI and Stena Bulk for their 2015 – 2018 series, the...

https://www.marineinsight.com/shipping-news/proman-stena-bulk-and-gsi-sign-deal-for-new-methanol-powered-tankers/

Hyundai Mipo, China Merchants Group And GSI Shortlisted For Finnlines’ New Order

For the first time in its history, the Grimaldi Group will build ropax ferries in Asia. The order for the new ‘Super Star’ class for Finnlines seems to be very close, according to what Emanuele Grimaldi stated at the EuroMed Convention. “We are now discussing with only three shipyards. The deal can...

https://www.ferryshippingnews.com/hyundai-mipo-china-merchants-group-and-gsi-shortlisted-for-finnlines-new-order/

Guangzhou Shipyard Partners Up With DNV for Heavy Lift Job

  • GSI has selected DNV as a key partner to classify a pair of innovative large semi-submersible heavy lift newbuildings. 
  • These 50,000 dwt vessels are purpose designed and built for the leading Chinese shipowner COSCO’s new building program.
  • The ships have a redundant propulsion system (DNV RPS notation) and built in accordance with very specific stability calculations. 
  • The vessels are highly versatile and can handle a wide range of cargoes such as offshore structures, drilling rigs, topsides,...

http://mfame.guru/guangzhou-shipyard-partners-up-with-dnv-for-heavy-lift-job/

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