Sponsored By

Hyundai Glovis orders six dual-fuel LNG car carriers in China

South Korea’s Hyundai Glovis has ordered six 10,800 ceu LNG dual-fuel pure car and truck carriers (PCTCs) in China.

Michele Labrut, Americas Correspondent

May 31, 2024

1 Min Read
A Hyundai Glovis PCTC at sea
Hyundai GLOVIS

The order is part of group of dual-fuel car carriers to be operated by Hyundai Glovis and built in China.

The new building contract was signed with Guangzhou Shipyard International (GSI), part of China State Shipbuilding Corporation (CSSC), in mid-May 2024.

The vessel type was jointly developed and designed by GSI and Shanghai Ship Design Institute and is said to be “the world’s largest” dual-fuel car carrier.

According to Clarkson Research statistics, in the first half of 2023, Chinese shipbuilding companies took orders for 43 car carriers, accounting for 97.7% of the global market share.  

 

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.

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community