Yangzijiang to Build Project Forward’s 20 LNG-Fueled Bulkers

LNG-fueled bulk carrierImage Courtesy: Forward Project

China’s Jiangsu Yangzijiang Shipbuilding has signed a Letter of Intent (LOI) for the construction of up to twenty LNG-fueled bulk carriers for Forward Maritime, a part of Arista Shipping Group.

The Kamsarmax vessels, to be built under Arista Shipping’s Project Forward initiative, would feature 84,000 dwt.

Although Forward Maritime did not provide any details on when it expects to sign firm contracts for the units, it said that the bulk carriers are scheduled to join the fleet between 2020 and 2023.

Following delivery, the units will trade under the Forward Ships brand.

Project Forward, formed and led by Arista Shipping in 2013 to combat global ship emissions by promoting the adoption of LNG as marine fuel, suggested the design of the Kamsarmax-size bulk carrier to reduce the cost of transportation  at sea, modernize the shipping industry and define the new standard of vessel for International Maritime Organization’s 2020 emission rules and beyond.

The partners of the project include Gaztransport & Technigaz, which has designed the containment systems, classification society American Bureau of Shipping, Shell Western LNG, Wärtsilä and ship designer Deltamarin.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >