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Purus Marine orders two very large ethane carriers at HD Hyundai

UK-based Purus Marine has placed an order for two very large ethane carriers (VLECs) at a price of $170 million each from HD Hyundai Heavy Industries in South Korea.

Michele Labrut, Americas Correspondent

November 21, 2023

1 Min Read
Purus VLEC carrier
Image: Purus

The 98,000 cu metre-ships will be delivered in 2026 and 2027 and will feature dual-fuel ethane engines. The vessels will also be fitted with optimised cargo handling systems, lower CO2 and SOx emissions and additional energy-saving devices to further contribute to emission reductions.

Both vessels will be delivered directly into long-term time charters, said Julian Proctor, of Purus.

The fast-growing company, established in 2020, has been involved in over 60 deals in various shipping segments, including ammonia, LNG, offshore wind, carbon capture and scrubber-fitted containerships and electric ferries.

The company has previously ordered four 45,000 cu metre dual-fuel ammonia-ready medium-sized gas carriers at Hyundai Mipo Dockyard, expected to primarily carry ammonia.

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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