Crowley and Eastern Pacific Shipping partner with long-term charters for four LNG-fueled containership newbuilds
U.S. shipping and logistics company Crowley has awarded Singapore-based Eastern Pacific Shipping (EPS) a contract for the charter of four newbuild containerships powered by liquified natural gas (LNG) for Crowley’s U.S.-Central America trade, according to the company's release.
Using LNG significantly lowers vessel greenhouse gas emissions, such as sulfur oxide, carbon dioxide and nitrogen oxide while eliminating particulate matter compared with conventional diesel fuel. In addition, these vessels will be fitted with high-pressure ME-GI engines from MAN Energy Solutions, reducing methane slippage to negligible levels and making these vessels the most environmentally efficient in their category.
Each vessel, which will have capacity for 1,400 TEUs (20-foot container equivalent units), will feature 300 refrigerated unit plugs to reliably transport perishable cargo. Operating under a long-term time charter to Crowley, the ships will expand Crowley’s fleet and supply chain capabilities connecting U.S. markets to Nicaragua, Honduras, Guatemala and El Salvador.
The vessels will be built by Korea’s Hyundai Mipo Dockyard and are slated for delivery in 2025.
Crowley is a privately held, U.S.-owned and -operated maritime, energy and logistics solutions company serving commercial and government sectors with more than $2.9 billion in annual revenues, over 170 vessels mostly in the Jones Act fleet and approximately 7,000 employees around the world.
Eastern Pacific Shipping Pte. Ltd. (“EPS”) is on the leading shipping companies.
