Illustration politeness Damen Concordia

JP Morgan has actually positioned an order for 40 self-propelled LNG-fueled vessel barges for charter to Shell.

The order was positioned Concordia Damen, the inland river professional of Netherlands- based Damen Shipyards Group.

The 110-meter double gas barges will certainly have LNG propulsion and also severe superficial draft capacities (2800 bunch on 3.25 meter draft) in order to take full advantage of freight bring capability. The supposed “Parsifal” vessels will certainly be utilized to deliver mineral oils in between Antwerp, Amsterdam, Rotterdam and also the Rhine network.

Concordia Damen will certainly start building of the intrude December 2020. Delivery of the initial vessel will certainly remain in November 2021, after which it will certainly provide one vessel monthly, finishing the order by December 2024.

The order was positioned by institutional capitalists encouraged by J.P.Morgan Asset Management The barges will certainly be hired by Shell and also run by the VT Group/Marlow

“We are very grateful to have received this order and are looking forward to beginning the work, said Chris Kornet CEO Concordia Damen. “This is yet again a validation of our efforts towards greater levels of sustainability in the inland shipping sector.”