Thursday, November 30, 2023
HomeEnvironmentHöegh signs contract with China Merchants Heavy Industry to build a series...

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Höegh signs contract with China Merchants Heavy Industry to build a series of its zero carbon ready Aurora class vessels

Höegh Autoliners is pleased to announce that it has entered into a contract with China Merchants Heavy Industry (Jiangsu) Co., Ltd. (CMHI) for four fixed and eight optional multi-fuel and zero carbon ready Aurora class vessels.

Under the terms of the contract, the first two vessels will be delivered in the second half of 2024 and the next two vessels in the first half of 2025. In addition, Höegh Autoliners has options for another four plus four Aurora class vessels.

The Aurora class will have DNV’s ammonia and methanol ready notation. The vessel will be the first in the PCTC segment to operate on zero carbon ammonia. Together with the capacity to carry up to 9,100 cars, the industry leading Aurora class will be the world’s largest and most sustainable car carriers.

Leif O. Høegh, Höegh Autoliners Chair said, “We are proud to partner with one of the largest and most reputable shipbuilders in China. The collaboration with China Merchants Industry represents a breakthrough in reaching our ambitious net zero emissions target by 2040. The innovative design of the zero carbon ready Aurora class will enable our customers to decarbonise their supply chain. Together with CMHI we are leading the way towards a net zero emissions future for our industry.”

The transformational newbuilding program will accelerate the Company’s green transition, expand the fleet, and deliver market leading low-to-zero emission transportation services to its customers.

Andreas Enger, Höegh Autoliners CEO comments, “We are excited to partner with China Merchants Heavy Industry and secure the delivery of the world’s largest and most environmentally friendly PCTC vessels already by 2024. The Aurora class represents the future of our business. It will further strengthen our service offering, accelerate our path to zero and put us in the forefront of sustainable shipping.”

China Merchants Industry has been expanding its shipbuilding business over the past two years and it is now the largest PCTC builder and one of the largest shipbuilding groups in China. China Merchants Industry own Deltamarin, which has designed the new Höegh Autoliners Aurora class.

Mei Zhonghua, CMHI general manager comments, “We look forward to working together and providing Höegh Autoliners with these state-of-the-art and environmentally friendly PCTC vessels.”

The Aurora class is designed to transport the cargo of the future. The vessel’s strengthened decks and enhanced internal ramp systems enable Electric Vehicles on all decks and provides more flexibility for heavier project cargo.

The vessel’s multi-fuel engine?can run on marine gas oil (MGO) and LNG. With modifications, the vessel can transition to use future zero carbon fuels including ammonia or methanol.

Related Posts

Video

Finance & Economy
Shipping News
Ports

Euronav: Dividend Distribution For Q3 2023 & Business Update

Euronav NV provides a business and dividend update following the recent board and management changes. The Supervisory board has agreed to distribute USD 0.57 per...

A new chapter for Euronav

Euronav shareholders have approved strategic changes at the company ushering in a new era.

TEN Reports Earnings Results for Q3 & 9M2023

Tsakos Energy Navigation Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported...

StealthGas posts near-record quarterly profit

STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial...

Golar LNG Reports Third Quarter Net Income of $114 Million

Golar LNG announced its interim results for the period ended September 30, 2023. Highlights include: Golar LNG Limited (“Golar” or “the Company”) reports Q3 2023 Net...

Baltic index extends rally on higher capesize rates

The Baltic Exchange’s dry bulk sea freight index rose on Tuesday for the fourth...

CLIA presents cruise industry’s Action Plan for Greeceto the Greek Government

Representatives of Cruise Lines International Association (CLIA), members of the Government, and key stakeholders...

Baltic index scales 1 and 1/2-year peak

The Baltic Exchange’s dry bulk sea freight index rose on Monday for the third...

Greek merchant fleet up in numbers, down in volume

The Greek merchant shipping fleet rose in numbers but fell in volume in September. More...

Celestyal unveils 3 new countries and 6 new ports for 2024 & 2025

Celestyal the award-winning, number one choice for cruise travelers to the Greek islands and...

Port Houston Breaks Export Record

October was the biggest month ever for loaded exports at Port Houston, up 6% compared to last October. Port Houston’s loaded exports are up...

Port of Piraeus working on first shore power connection slots for 2024

The Piraeus Port Authority (PPA), which manages the largest and busiest port in Greece, announced the first five shore power connection slots for ferry...

Two major US cruise operators interested in buying Lavrio port

The tender for the concession of Lavrio port is set to begin in the next few weeks. Sources tell Kathimerini there are at least two...

Biden Administration Invests Over $650 mln in US Ports to Strengthen Supply Chains

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port...

APM Terminals & DP World spearhead roadmap for accelerating electrification of port operations in bid for net-zero

APM Terminals and DP World announced an initiative to accelerate decarbonisation of the world’s terminals through the widespread electrification of container handling equipment (CHE)....