Marine Log

Meyer ethylene tanker

July 7, 2006

Meyer to build more gas tankers

Germany's Meyer Werft has booked an order for four ethylene carriers.

It has been placed by Harpain Reederei GmbH & Co. KG of Hamburg, a joint venture of Harpain Shipping GmbH and Hansa Hamburg Shipping GmbH & Co. KG.

This is the second LPG market joint project by the two companies and their investment bankerst.

The four ships mean that Meyer Werft os building a series of eight ships, four of which are already under construction.

The tankers will have a length overall of 154.9 m, a breadth of 22.70 m, and a cargo capacity of 17,000 cu.m.

They will be able to operate at a speed of 17 knots. Fully loaded with ethylene cooled down to minus 104C, the ships will have a draft of 8.10 m.

In addition to ethylene, the tankers will also be able to carry vinyl chloride monomer, ammonia and propylene oxide, cooled down to minus 48 C.

The ships are scheduled for delivery in 2009 and 2010.

They are intended for operation in the GasChem pool.