Asia/Pacific News
Sallaum Lines Orders LNG Dual-Fuel Vessel in China
Shipping firm Sallaum Lines has ordered one firm 8,600 CEU pure car and truck carrier (PCTC) from China Merchants Shipyard, with an option for a second vessel.
The LNG dual-fuel vessel is scheduled for delivery in 2029 and is designed to allow future conversion to ammonia propulsion, the firm said in a press release issued on Tuesday.
The deal comes just weeks after the company placed a separate order for two firm 8,600 CEU PCTCs, with options for two more, at Xiamen Shipbuilding.
The latest order brings Sallaum Lines' newbuild programme to nine vessels with a total value of more than $850 million. The programme includes four vessels already delivered, two due for delivery later this year and three scheduled for 2029.
The new vessel will be capable of carrying 8,600 car equivalent units and will transport passenger vehicles, trucks, heavy equipment and other rolling cargo.
“The new vessel will be LNG dual-fuel and ammonia-ready, giving us a practical solution for today and future readiness for tomorrow,” Hasan Sallaum, Managing Director at Sallaum Lines, said.
Several vessels have been ordered or delivered with ammonia-ready designs as shipowners hedge against uncertainty over future marine fuels. However, actual conversions to ammonia propulsion remain rare across the global fleet.
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| VLSFO | MGO | |||
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| $/mt | +/- | $/mt | +/- | |
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| Global Average Bunker Price | 978.50 | 20.00 | 1616.50 | 18.50 |
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