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Concordia Damen inks order for 40 dual-fuel tank bargesConcordia Damen inks order for 40 dual-fuel tank barges

Dutch shipbuilder Concordia Damen said it has signed a contract for 40 dual-fuel barges with institutional investors advised by JP Morgan Asset Management and for charter to Shell.

Michele Labrut, Americas Correspondent

November 11, 2020

1 Min Read
DAMEN  Parsifal LR 3
Photo:Damen

The barges will be operated by the VT Group/Marlow.

The vessels will have LNG propulsion and extreme shallow draught capabilities – 2,800 tonnes on 3.25 metre draught – to maximise cargo carrying capacity on Dutch, Belgian and German canal and river networks.

VT Group specialises in inland shipping, transporting minerals, chemical products, biofuels and lubricants. The Parsifal tankers will transport mineral oils between Antwerp, Amsterdam, Rotterdam and the Rhine network.

Concordia Damen will begin building the tank barges in December this year, with planned delivery of the first vessel in November 2021. After that, the yard will deliver another vessel each month, completing the order by December 2024.

Chris Kornet ceo of Concordia Damen said, “We are very grateful to have received this order and are looking forward to beginning the work. This is yet again a validation of our efforts towards greater levels of sustainability in the inland shipping sector.”

Andy Dacy, global head of transportation at JP Morgan Asset Management, said: “We are excited and honored to partner with Shell and Concordia Damen on this innovative and sustainable inland waterway project.”

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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