Dalian Shipbuilding Industry Co., Ltd. (‘DSIC’) together with China Shipbuilding Trading Co., Ltd. (‘CSTC’) have inked shipbuilding contracts for up to six LNG-powered 307,000DWT Crude Oil Tankers (‘VLCCs’) with Capital Ship Management Corp (‘Capital’).
The environmentally advanced vessels, which are developed independently by DSIC, will be constructed at DSIC Tianjin yard with 333m length, 60m width, 30m depth and comply with the latest international convention, rules as well as the regulations adopted by the International Maritime Organization (‘IMO’) until 2030.
These state-of the-art vessels distinguish themselves from conventional VLCCs as they are designed to reduce CO2 emissions by up to 25% compared to conventional propulsion designs. In addition, the significantly increased capacity in the LNG fuel tanks will allow them to have greater autonomy.
As the first deal with CSSC group, the super-eco newbuildings will not only showcase CSSC group and Capital’s commitment to innovative and energy-saving technologies, but also highlights their joint dedication to lead the industry in global decarbonization efforts.
Capital Ship Management Corp. is a distinguished oceangoing vessel operator, offering comprehensive services in every aspect of ship management, currently operating a fleet of 36 tankers with a total dwt of aprx.6 million tons including four dual fuel LNG Aframaxes in the water and an order of an additional six DF LNG Suezmaxes and two DF LNG LR2s. Capital Ship Management Corp. is part of the Capital Group, which operates a fleet of 122 vessels including LNG, LPG/Ammonia/LCO2 gas carriers, crude oil and oil product carriers, container carriers, dry bulk carriers and PSVs.