Neptune Lines Doubles Down on Dual-Fuel Car Carriers in China

A car carrier vessel
Updated Published

Neptune Lines, the owner and operator of Greek vehicle carriers, has increased the number of vessels in its recent build series at the Fujian Mawei shipyard in China.

Under the guidance of Craig Jasienski, the company has entered into a contract for the acquisition of two more LNG dual-fuel 4,200 CEU ships, set to be delivered in 2027. This arrangement comes after the company initially committed to the first two vessels as part of the Genesis Project in September of the preceding year.

The expense of the latest construction projects remains undisclosed; however, the initial pair slated for arrival in 2026 was valued at $75 million each.

Neptune Lines and Deltamarin collaborated in crafting the design for these vessels. Apart from utilizing LNG or VLSFO for fuel, the ships will incorporate various elements to diminish their environmental footprint. This includes integrating an energy storage system, the capability to connect to shore power and preparedness for potentially adding a solar power system.

Neptune conveyed its intention to strengthen its fleet in the upcoming decade through the introduction of a new vessel series. The primary objectives include a 36% increase in cargo capacity compared to the existing core fleet vessels and a simultaneous commitment to reducing emissions, positioning the company well ahead of global targets.

Established back in 1975, Neptune Lines is under the leadership of Melina Travlos, who serves as the president of the Union of Greek Shipowners (UGS). Presently, the company prides itself on a fleet comprising 21 vehicle carriers, each with a capacity ranging from 1,500 to 6,500 ceu.