Containerships plans additional investment in LNG technology

Containerships plans additional investment in LNG technologyImage courtesy of Containerships

Finnish shipping company Containerships is aiming to continue its growth through investment in LNG technology during 2017. 

The group, that currently has over 40 LNG-fueled trucks in use will add four LNG-fueled container vessels, one in each quarter of 2018.

“The aim is to be the first company to offer a full transport chain based on LNG-powered solutions in its market area,” the company said in its latest report.

Containerships signed a shipbuilding contract with Guangzhou Wenchong Shipyard in China for the construction of four LNG-fueled container ships with an option for additional four vessels.

The vessels with a capacity of 1,400 TEU that will be operating in Baltic and Nordic sea are built in co-operation with the ship management company Nordic Hamburg.

Containerships have already made a €17.2 million (Approx: US$18.3 million) prepayment for the four LNG-vessels, with further payments to be made once the vessels enter service. The company also received the support of European Union with a €2.2 million prepayment for the project. EU’s total support for the project totals €17 million.

1 EUR = 1.06139 USD

Share this article

Follow LNG World News

Events>

<< Apr 2017 >>
MTWTFSS
27 28 29 30 31 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

CWC China LNG & Gas International Summit & Exhibition

Where the Chinese & International LNG & Gas Industry Meet

read more >

CIMPC 2017

The 2017 Chine International Marine Corrosion & Protection Technology and Innovation and Application Development Forum will be held in March in Shanghai, China.

The Forum will continue to maintain a high standard, specialization, and internationalization. In addition to focusing on marine areas, it will also extend to the corrosion and protection of land and air engineering.  By showing the outstanding results of China in the aspects of corrosion technology research and engineering applications, as well as by introducing the advanced anti-corrosion technology and products, it is aimed to promote the development of China’s corrosion & protection technology and engineering application.

More info

read more >

Flame 2017

Join 650+ gas producers and consumers, infrastructure providers, traders and regulators at Europe’s largest annual industry meeting, Flame 2017.

read more >

ConferenzaGNL 2017

ConferenzaGNL will take place together with ExpoGNL, a two-days exhibition of projects, land and maritime technologies, cryogenic components…

read more >