![]() |
Hercules Tanker Management (HTM) has announced that it will start receiving the first of four new tankers in the second quarter of 2025. The vessels are scheduled to be delivered at three-month intervals and time-chartered to bunker supplier Peninsula.
HTM commissioned the 7,700-dwt newbuild IMO II chemical tankers from the Jiangmen Hangtong Shipyard in China. The vessels will be part of Peninsula's fleet modernisation programme, described by the marine fuel seller as "ultra-spec", given their ability to supply methanol as well as 100% biofuel.
Further specs include diesel-electric (and battery-ready) power units, said to reduce emissions by around 20% compared to other conventional product tankers, and a twin engine with Schottel propulsion, designed to significantly improve manoeuvrability and safety during STS or loading operations.
The near-term launch of methanol-ready tonnage is set to help Peninsula service the expected growth in the global methanol-powered fleet. HTM noted that its "foresight" in recognising this predicted rise in demand was particularly relevant given the continued lack of shipyard slots.
John A. Bassadone, Founder and CEO of both Peninsula and Hercules Tanker Management, commented: "The partnership between HTM and Peninsula allows us to build ships which cater for customer needs, thus de-risking construction whilst maintaining full flexibility. This model ensures our assets optimise efficiency and remain relevant. It was perhaps perceived as a risk when HTM was first to market with these orders over two years ago, but we always had the confidence, driven by Peninsula's global customer reach, that these ships have an important future role to play in alternative fuel supply."
|
Petrobras suspends MGO export sales following Brazilian government’s 50% export tax
State oil company halts distillate fuel exports while assessing impact of new levy. |
|
|
|
||
|
Scale Green Energy launches 12,500-cbm LNG bunkering vessel in Spain
Alisios LNG will supply marine fuel from the Huelva plant, chartered by Axpo Iberia. |
|
|
|
||
|
Piraeus port signs LNG-fuelled car carrier deal with MOL
Mitsui O.S.K. Lines' LNG-powered vessel made inaugural call at Greek port on 10 March. |
|
|
|
||
|
DNV study recommends design-based safety approach for hydrogen-fuelled vessels
Study for EMSA calls for secondary enclosures across all hydrogen components, including open deck. |
|
|
|
||
|
Grimaldi takes delivery of ammonia-ready car carrier Grande Seoul
Ninth vessel in series joins fleet for Asia-Europe service with 50% lower emissions. |
|
|
|
||
|
Oilmar appoints Turkey country manager as part of regional expansion
Dubai-based bunker and cargo trader promotes from within to lead Turkish operations. |
|
|
|
||
|
GNV Aurora completes first LNG bunkering in Genoa
GNV's second LNG-powered ferry receives fuel in Italian port, with a shore power trial scheduled. |
|
|
|
||
|
MOL acquires 25% stake in V.Ships France, adds LNG carriers to managed fleet
Japanese shipping company takes equity position in ship manager’s French subsidiary. |
|
|
|
||
|
Equinor signs two-year biomethanol supply deal with Wallenius Wilhelmsen
Norwegian energy company to supply alternative fuel to shipping and vehicle logistics firm. |
|
|
|
||
|
Sing Fuels seeks bunker trader for new Shanghai base
Candidates with two to four years’ industry experience and an established client portfolio preferred. |
|
|
|
||
| Peninsula CEO seals deal to build LNG bunker vessel [News & Insights] |
| Peninsula confirms maiden B30 deal in Zeebrugge [News & Insights] |
| Peninsula launches B100 bunker vessel in Barcelona [News & Insights] |