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Celsius Tankers continues to grow LNGC fleet

Mon 25 Feb 2019 by John Snyder

Celsius Tankers continues to grow LNGC fleet
Celsius Tankers has four 180,000-m3 capacity LNG carriers on order at Samsung Heavy Industries

Denmark-based Celsius Tankers, an affiliate of Celsius Shipping, signed a contract on 29 January worth ₩419Bn (US$373M) with South Korea’s Samsung Heavy Industries (SHI) to construct two 180,000-m3 LNG carriers. It is the first LNGC order signed by SHI this year.

With the order, Celsius Tankers now has four LNGCs each with a capacity of 180,000 m3 under construction at SHI for delivery in 2020 and 2021. The LNG carriers will be fitted with two of SHI's smart ship technologies. One is Saver Air, which reduces friction between the hull and the seawater by using an air lubrication system on the bottom of the ship’s hull to improve fuel consumption.

According to SHI, the air lubrication system is expected to save 5% on fuel consumption “irrespective of the external environment” such as waves and current.

The two Celsius Tanker LNGCs will also be fitted with SHI's Intelliman Ship, which will provide the ability to measure and monitor fuel consumption and CO2 emissions for ships in operation on a real-time basis. Operational reports can be automatically created based on the accumulated data, to comply with emission regulations such as the European Union’s monitoring, reporting, verification (EU-MRV) regulation and IMO’s data collection system (IMO-DCS).

The EU MRV regulation entered into force on 1 July 2015, which requires shipowners and operators to annually monitor, report and verify CO2 emissions for vessels larger than 5,000 gt calling at any EU port.

IMO-DCS started on 1 January 2019 and applies to ships of 5,000 gt and above calling at any port under the jurisdiction of EU member states to enforce the reduction of emissions from ships.

This year, SHI has set its newbuild order target at US$7.8Bn, up 24% over last year's goal. It expects orders for LNGCs will pick up this year, with LNG exports on the rise and FIDs due on new export terminals by the US and Qatar.

According to Clarksons Research, there will be 293 LNGCs ordered by 2023 including 69 in 2019.

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