Avenir LNG Limited orders 2 x 20,000cbm LNG Bunker and Supply Vessels
25 Abril 2024 - 4:41AM
Avenir LNG Limited orders 2 x 20,000cbm LNG Bunker and Supply
Vessels
London, 25th April 2024, Avenir LNG Limited (NOTC: AVENIR or the
“Company”) announces today that it has entered into a shipbuilding
contract with Nantong CIMC Sinopacific Offshore & Engineering
Co. Ltd (“SOE”) in China, a subsidiary of CIMC Enric, for two
20,000cbm LNG Bunker & Supply Vessels which are scheduled to be
delivered in Q4 2026 and Q1 2027.
The newbuildings will feature new Type C tank designs, lower
boil off rates, the latest engine technologies, hull form
optimisation, and subcoolers which offer carbon emission reductions
and minimises cargo losses compared to other vessels of this size.
The vessel design enables maximum compatibility and versatility for
loading and discharging LNG and BioLNG to a wide range of receiving
vessels and terminals reflecting the growing needs of our
customers. This major new investment programme marks the second
phase of growth for the Company, increasing the fleet by 40% and
80% in terms of total capacity. This order will further enhance
Avenir’s position as a leading provider of LNG Bunker Vessels.
Jonathan Quinn, Managing Director, commented:"We are pleased to
be returning to SOE for our newbuilding programme and continuing
our relationship with the shipyard where we successfully built our
last four vessels. We look forward to welcoming these two new
state-of-the-art vessels to our fleet in 2026 and 2027. With the
demand for LNG and BioLNG as a bunker fuel set to grow over the
next decade, these vessels will play a vital role in ensuring
security of supply and decarbonising global shipping markets."
About Avenir LNGAvenir is a leading midstream LNG & BioLNG
company focussed on serving small scale demand for the maritime
sector, industrial consumers, and power generation. We own and
operate a fleet of 5 modern LNG Bunker and Supply Vessels with 2
vessels under construction and a small-scale LNG terminal in
Sardinia, Italy.
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act