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DNV GL and Dalian Shipbuilding jointly to develop LNG-fueled 23,000 TEU ultra large container vessel

Dalian Shipbuilding Industry Company Ltd. (DSIC) and classification society DNV GL have signed a joint development project (JDP) agreement to develop a new 23,000 TEU LNG-fueled ultra large container vessel (ULCV). The JDP is focused on delivering a design which is ready for construction and reflects upcoming market trends and incoming regulations.

Interest in alternative fuels has moved from the margins to the center of the maritime industry as environmental regulations designed to reduce shipping’s emissions to air come into effect. For many operational uses, the combination of technical maturity, efficiency, availability, and emissions reduction mean that liquefied natural gas (LNG) is now a viable solution.

In developing this new 23,000 TEU LNG fuelled ULCV design, we will show that DSIC can deliver vessels at the cutting edge of the market after two 20,000 TEU container vessels were successfully delivered to COSCO SHIPPING Group this year.

We see a continuing strong market for ULCV vessels, with lower slot costs especially valued on the main trading routes. At the same time the expansion in bunkering infrastructure in both China and Europe means that LNG is becoming a viable solution for container vessels, lowering costs and ensuring compliance with incoming regulations.

—Yang Zhi Zhong, President of DSIC

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