Avenir LNG Limited has entered into a shipbuilding contract with Nantong CIMC Sinopacific Offshore & Engineering Co. Ltd (SOE) in China, for two 20,000cbm LNG bunker and supply vessels.
According to Avenir LNG, 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 reportedly enables maximum compatibility and versatility for loading and discharging LNG and BioLNG to a wide range of receiving vessels and terminals.
Jonathan Quinn, Managing Director, explained that 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.
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.
… said Jonathan Quinn
In particular, the vessels are scheduled to be delivered in Q4 2026 and Q1 2027.
To remind, according to Reuters, the demand for liquefied natural gas (LNG) to fuel ships is expected to increase this year due to attractive prices and the growing number of dual-fuel vessels joining the global fleet.