Recently，Singapore-based Eastern Pacific Shipping (EPS) has ordered six ammonia-fuelled newcastlemaxes in China.
The order for three plus three optional ships at Qingdao Beihai Shipbuilding Heavy Industry ，around $80m per ship, or $480m in total. Against conventionally powered ship units, which are priced at about $65m in China, while methanol dual-fuel versions add about $10m more to the price tag.
The firm 210,00 dwt newbuilds should deliver in 2026 and be fitted with under-development dual-fuel engines by MAN Energy Solutions, which plans to roll out its solution by 2025 at the earliest.
Eastern Pacific Shipping has a deal with Dutch OCI and MAN to develop methanol and ammonia-run engines for several ship types, including the ammonia dual-fuel gas carrier announced at last year’s Posidonia exhibition.