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Gearbulk orders 2 extra ammonia/methanol-ready open hatch ships

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House Shipbuilding Gearbulk orders 2 extra ammonia/methanol-ready open hatch ships

August 20, 2024,
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Naida Hakirevic Prevljak

Switzerland-based transport firm Gearbulk has ordered two further ammonia/methanol conversion prepared 82,300 dwt open hatch newbuildings in China.

Courtesy of Gearbulk/G2 Ocean

As knowledgeable, the items shall be sister vessels to 4 Pulpmax open hatch vessels ordered earlier this yr, and shall be constructed on the similar shipyard, CSSC Huangpu Wenchong Longxue in Guangzhou, China.

  • Posted: 4 months in the past

The vessels, anticipated to be delivered to their proprietor in October 2028 and January 2029, will function in G2 Ocean’s pool.

The technical specs and capability, together with enhanced cargo crane capability of two×75 metric tons and 2x 120 and tween decks, would be the similar as no. 1-4, in keeping with Gearbulk.

“This order marks one more milestone in Gearbulk’s drive to resume its fleet with environment friendly, high-capacity vessels servicing G2 Ocean clients,” Kristian Jebsen, Chairman and CEO of Gearbulk, commented.

Along with these new vessels ordered by Gearbulk, G2 Ocean beforehand mentioned that Grieg Maritime Group, shareholder and pool accomplice, shall be offering 4 ammonia-ready vessels to its fleet in 2026.

It will deliver the whole variety of dual-fuel 82,300 dwt open hatch vessels to 10.

“The design of those vessels strengthens our service providing and can assist us to fulfill evolving buyer necessities. We very a lot respect the assist of Gearbulk and Grieg Maritime Group on these newbuilds,” Arthur English, CEO of G2 Ocean, famous.

“With the ten Pulpmax vessels ordered we will take essential steps on our decarbonisation journey, on our goal of turning into net-zero by 2050.”

In associated information, Japanese firm Mitsui O.S.Ok. Traces (MOL) lately grew to become the bulk shareholder in Gearbulk, now proudly owning a 72% stake within the firm. Kristian Jebsen and his household retained a 28% shareholding in Gearbulk.

Gearbulk and the Grieg Maritime Group proceed to personal 65% and 35% of G2 Ocean, respectively.

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