Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has been contracted by compatriot marine transportation giant COSCO Shipping to build four methanol and ammonia-ready bulk carriers.
The shipbuilding contract for four 210,000-ton bulk carriers was finalized on July 29, Beihai Shipbuilding revealed.
The vessels, to be long-term chartered by COSCO Shipping’s subsidiary COSCO Shipping Bulk, will incorporate ‘comprehensive upgrades’ in technical performance, according to the shipbuilder.
As explained, the newbuilds will utilize a next-generation linear design and reduce fuel consumption by approximately 6% compared to the previous generation vessels, meeting EEDI Stage III energy efficiency requirements.
In addition, the bulk carriers will feature a dual-fuel capacity design for methanol and ammonia, enabling future deployment of alternative fuels.
Earlier this year, Beihai Shipbuilding and COSCO Shipping Bulk also signed a deal for the construction of two ammonia and methanol-ready bulk carriers.
The two units, with 209,800 dwt capacity each, are scheduled for delivery in 2027.
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COSCO Shipping Bulk orders new ammonia and methanol-ready ships
The Chinese bulk shipping player has on order another 3+5 210,000-ton methanol and ammonia-ready bulk carriers , worth $93 million each.
These Newcastle-type bulk carriers will be about 300 meters long and 50 meters wide, featuring conventional hydrodynamic energy-saving devices such as front guide wheels and vortex-eliminating fins, as well as shaft generators.