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Neptune Lines doubles order for dual-fuel car carriers

Greek vehicle carrier owner and operator Neptune Lines has added more vessels to its newbuild series ordered at the Fujian Mawei shipyard in China.

The firm has contracted another pair of LNG dual-fuel 4,200CEU ships for delivery in 2027 after signing up for the first two units under the Genesis Project in September 2023.

The cost of the latest newbuilds was not disclosed, but the first two are to delivered in 2026 and cost US$75 million each. The vessels were designed by Neptune Lines and Deltamarin.

In addition to utilising LNG or VLSFO as fuel, the ships will include several features to minimise their environmental footprint, including an energy storage system, shore power, and readiness for a solar power system.

Neptune said the new vessel series reflects the company’s strategy to supplement its fleet over the next decade, increase cargo capacity by 36 per cent from current core fleet vessels, and reduce emissions to remain ahead of global targets.

Established in 1975, Neptune Lines is run by the president of the Union of Greek Shipowners (UGS), Melina Travlos, and currently boasts a fleet of 21 vehicle carriers ranging from 1,500 to 6,500CEU.

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