LNG propulsion

Mystery buyer orders ultra lux cruise ship at Fincantieri

Trieste, Italy, headquartered Fincantieri has signed a contract for the construction of a new ultra-luxury cruise ship with what it describes only as “an international customer.” The ship is to be delivered by the end of 2025. The order, which includes an option for two additional vessels, is valued at approximately EUR 1.2 billion which, at today’s exchange rate is only marginally more in dollars.

Fincantieri says the contract “will be subject to access to financing, as per industry practice.”

Th...

https://www.marinelog.com/passenger/cruiseships/mystery-buyer-orders-ultra-lux-cruise-ship-at-fincantieri/

Essberger Inks Deal To Build 4+4 LNG-powered Chemical Tankers

Essberger Group has signed final agreements with China Merchants Jinling Shipyard Dingheng Co. Ltd to build four 6,600 dwt stainless steel parcel chemical tankers with options for an additional four vessels, says a press release published on their website.

About the vessels

The stainless steel tankers, IMO Type II, will all have dual-fuel LNG propulsion and certified Finnish/Swedish 1A ice class. They are designed to meet Essberger’s high quality standards and compliance with known future...

https://mfame.guru/essberger-inks-deal-to-build-44-lng-powered-chemical-tankers/

CNOOC Signs Deal To Supply LNG for Bulk Carrier Fleet

China National Offshore Oil Company (CNOOC) has signed a deal to supply LNG to GNG Ocean Shipping’s recently ordered fleet of small bulk carriers, reports LNG Prime.

LNG supply to bulk carriers

CNOOC said in a statement that its gas and power unit would fuel the 50 LNG-powered vessels, but the state-owned energy giant did not reveal any additional information.

To remind, Zhujiang Shipping, a unit of state-owned GNG Ocean, said earlier this month it chose China State Shipbuilding Corporation’s Guiji...

https://mfame.guru/cnooc-signs-deal-to-supply-lng-for-bulk-carrier-fleet/

Exhaust Scrubbers Cheaper And Viable than LNG Conversion?

A recent report by Fearnley Securities suggests that French shipping line CMA CGM is on the fence in deciding how best to meet the IMO’s 2020 SOx cap, reports Pacific Green.

In a large order of ten 15,000 TEU container vessels, the Marseille-based shipping group has chosen to fit five ships with dual-fuel propulsion LNG systems and the remaining five ships with marine exhaust gas scrubbers.

Fearnley puts the build prices at $130m and $110m respectively, indicating a $20m Capex advantage in...

https://mfame.guru/exhaust-scrubbers-cheaper-and-viable-than-lng-conversion/

CMA CGM Opts LNG Propulsion and Scrubber Mix on 10 Newbuilds

  • CMA CGM opted LNG and Scrubber mix for complying with the IMO 2020 sulphur cap.
  • Ordered 15,500 teu containerships from CSSC with five to burn LNG and five with scrubbers installed to burn high sulphur fuel oil (HFSO).
  • LNG-fuelled vessels cost $20m more per vessel with a price of $130m each, compared to $110m each for the ships fitted with scrubbers.

CMA CGM opts for mix of LNG propulsion and scrubbers on 10 newbuilds, reports Seatrade.

Complying with IMO 2020

The world’s third largest container...

http://mfame.guru/cma-cgm-opts-lng-propulsion-and-scrubber-mix-on-10-newbuilds/

New is Better in LNG Propulsion : Concludes Major Study

  • Study shows owners prefer LNG propulsion in newbuilds than retrofit existing ones.
  • Out of 143 vessels of global LNG-fuelled fleet, only 8 are retrofits as they spend more time in emissions control area (ECA).
  • Phased adoption of LNG is beneficial as it will allow time to develop the necessary additional infrastructure.
  • LNG averaged US$220 per tonne less than ECA-compliant LSMGO and also retained a substantial discount relative to LSMGO.
  • LNG price hovered between US$64 – US$38 a tonne lower than...

http://mfame.guru/new-is-better-in-lng-propulsion-concludes-major-study/

World’s two biggest short-sea ro-ro vessels are LNG-ready

In the past, the Luxembourg-based company CLdN Ro-Ro, decided to build the world’s biggest short-sea ro-ro vessels. Celine, after one year of operating, has fully met her owner’s expectations. The former, along with sister-vessel Delphine, incorporate high technology from other vessel types and are LNG-ready.

Mainly, Gary Walker, Director of CLdN addressed that since operating in the North Sea, large vessels decrease the unit price; the company is covering longer distances and larger vessels...

https://safety4sea.com/worlds-two-biggest-short-sea-ro-ro-vessels-are-lng-ready/