Ferus Smit secures LNG vessel order from Erik Thun

17 February 2014 (Last Updated February 17th, 2014 18:30)

Germany-based shipyard Ferus Smit has secured an order from Erik Thun to build a liquefied natural gas (LNG)-powered cargo vessel.

Ferus Smit

Germany-based shipyard Ferus Smit has secured an order from Erik Thun to build a liquefied natural gas (LNG)-powered cargo vessel.

The contract includes an option for two more units.

Established in 1938, Erik Thun operates conventional dry cargo vessels, self-unloading vessels, product tankers and charters.

The Swedish shipping company already has a strong market presence in northern Europe and the Baltic area, and believes that LNG vessels will strengthen its position as green fleet, as new SECA rules take effect next year for the Baltic.

This will be Ferus Smit’s first deal to build an LNG-powered short-sea dry cargo vessel, to date.

Although many concepts and studies have been above the market already, the contract will enhance the long-term co-operation between the parties, enabling them to develop profitable solutions for daily use.

The iceclass 1A ships will be suitable for year-round Baltic service. The bulk-orientated general cargo vessels sizing 5,800 deadweight tonnes, with the option to convert into self-unloaders.

The vessels will be classified by the Lloyd’s register and will be equipped with a Wartsila dual fuel main engine and a pressurised LNG tank, enabling round trips of about two weeks.

Delivery of the first vessel is scheduled for autumn 2015, from the shipyard in Westerbroek, Groningen, Netherlands.


Image: Delivery of the first vessel is scheduled in autumn 2015. Photo: courtesy of Ferus Smit.