G2 Ocean Adds Two More Ammonia-Ready Vessels to Fleet

Carrier Aims to Cut Emissions by a Minimum of 40 percent by 2030

G2 Ocean is adding two more ammonia-ready open-hatch vessels to it fleet, part of the Norway-based multipurpose carrier’s commitment to only purchase newbuilt ships with zero-emission technology.

The 82,300 deadweight-ton vessels have been ordered by G2 Ocean shareholder Grieg Maritime Group and will be built by the Huangpu Wenchong Shipyard, a subsidiary of the China State Shipbuilding Corporation.

Grieg inked a deal with Huangpu Wenchong in May for an initial two newbuilds plus an option for two additional vessels, which the shareholder has now exercised. All four ships are slated for delivery in 2026.

“With this expansion, G2 Ocean is increasing its carrying capacity and further demonstrating its commitment to providing flexible and sustainable shipping solutions to our customers,” said Arthur English, CEO of G2 Ocean.

Equipped with dual-fuel engines, 120 metric tons crane capacity, tween decks, a battery package to make peak-shaving a possibility and shore power options, the Chinese-built ships will be the largest, most environmentally friendly and technologically advanced carriers in the G2 Ocean fleet.

The carrier is aiming to cut its greenhouse gas emissions per transported unit by a minimum of 40 percent by 2030 compared to 2008 levels.

“The design and size of the vessels make them very flexible, allowing us to meet the requirements of our customers worldwide. With this delivery, we are also able to take another important step on our decarbonization journey and our target of becoming net-zero by 2050,” English said.

G2 Ocean is the world’s largest shipping firm within the open-hatch segment. Its fleet comprises some 126 open-hatch and conventional bulk vessels between 23,500 and 73,000 deadweight tons.

The carrier will be exhibiting at Breakbulk Americas 2023, taking place on 26-28 September at the George R. Brown Convention Centre in Houston, Texas.