Canada’s giant owner and operator of containerships Seaspan enters new market segment with strategic order of new dual-fuel LNG pure car and truck carrier vessels.
Seaspan has now confirmed that is in partnership with market-leading car carrier, Hyundai Glovis (Glovis) which is part of the Hyundai Motor Group, for the 10,800 ceu dual-fuel LNG, ammonia and methanol ready, pure car and truck carrier (PCTC) newbuild program.
Seaspan negotiated the purchase with Shanghai Waigaoqiao Shipbuilding in China, whilst the deal includes six firm LNG dual-fuel vessels with options for four more units.
These dual-fuel LNG PCTC vessels will be under long-term time charter upon delivery and will be added to Seaspan’s existing 70-vessel newbuild program, which includes 25 dual-fuel LNG containerships.
“This deal signifies our customers’ trust and value of Seaspan’s commitment and capability executing alternative fuel initiatives,” emphasized Bing Chen, president and CEO of Seaspan. “By incorporating our extensive experience in dual-fuel LNG containerships, while working proactively with all stakeholders during this decarbonization journey, Seaspan is uniquely poised to contribute to the standards and progress of sustainable shipping.”
“We’re extremely proud of partnering with Glovis, the market leader in the PCTC sector, and leverage our integrated platform to facilitate their strategic success,” added Kun Li, Seaspan’s chief commercial officer.
“As jurisdictions seek to transition away from conventional fueled vehicles to electric vehicles, we see this as an opportunity to not only meet the current demand for sustainable shipping solutions but also support the global initiative for cleaner transportation alternatives,” Kun Li noted.
