Photo: Sister vessel Celsius Copenhagen; Illustration; Courtesy of Celsius Shipping

Celsius Tankers behind order for ‘ultra-eco’ LNG carrier at SHI

Danish shipowner Celsius Tankers has placed an order for a liquefied natural gas (LNG) carrier from South Korean shipbuilding company Samsung Heavy Industries (SHI).

To further support its LNG fleet, Celsius Tankers, a unit of Celsius Shipping, decided to purchase one additional 180,000 cbm LNG carrier, taking its orderbook of ultra-eco ships at the shipyard to ten. Earlier on, the company welcomed four ships delivered in 2020 and 2021.

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The ship will be built to Lloyds’ Register class EEDI III meeting IMO requirements for ships built after 2025 for 30% more energy efficiency.

The unit, which is slated for delivery in 2026, is fixed to a major energy charterer, Celsius said.

The company expects that its LNG carrier design will minimize CO2 emissions and methane slip from operations via the installation of air lubrication, optimization of the hull shape and the use of a new paint system to reduce friction in the water.

With this transaction, Celsius Tanker’s fleet now encompasses 14 180,000 cbm LNG carriers which are technically managed by Celsius Tech Limited.

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Meanwhile, with this latest order, Samsung Heavy scored contracts to construct 38 LNG carriers, or 73 percent of its total orders, which represents its largest yearly record for LNG vessel orders.

The LNG carrier market is expected to record a compound annual growth rate, or CAGR, of approximately 3.6% from 2022-2027.