European Maritime Finance (EMF), a Danish fund manager focused on maritime investments, in partnership with Greek shipping company Atlas Maritime, has confirmed an order for three 88,000 cbm liquefied petroleum gas (LPG)/ammonia carriers from South Korea’s HD Hyundai Heavy Industries.
The vessel names will be EMF Viking I, II and III, hull nos. 3516, 3517 and 3518.
“European Maritime Finance is proud of our commitment to deliver state-of-the-art vessels that meet the highest standards of sustainability and innovation, in collaboration with Atlas Maritime and HD Hyundai Heavy Industries (HHI), remaining dedicated to setting new sustainable benchmarks in the maritime industry,” commented Martin Haugaard, Founder, Chief Executive Officer (Schweiz) AG and Chairman of the Investment Committee.
The forthcoming LPG/Ammonia carriers are distinguished by their sustainability features with the ability to carry and run on ammonia, these vessels exemplify EMF’s commitment to lead the industry in environmentally sustainable shipping.
The event was attended by senior management from both companies including S.Y.Park President/Chief Operating Officer of HD Hyundai Heavy Industries, Martin Haugaard, Founder, Chief Executive Officer (Schweiz) AG; Martin Almdal, Co-founder and Board Member; Klaus Kjærulff, Board Member; Torben Bager, Chief Executive Officer; Alan Bech-Andersen, Chief Financial Office.
As part of the collaboration, in addition to the three 88,000 cbm LPG/ammonia carrier ordered above, EMF and Atlas Maritime have placed an order for two 157,000 dwt Suezmax tankers from DH Shipbuilding (formerly Daehan Shipbuilding) of South Korea during the 27th Posidonia 2024, with deliveries expected to take place in 2026 and 2027. The order is the 7th and 8th dual-fuel Suezmax tankers ordered from DH Shipbuilding in cooperation with EMF and Atlas Maritime.