Singapore’s Pacific International Lines (PIL) has ordered five LNG dual-fuel containerships from China’s Hudong-Zhonghua Shipbuilding, adding to their newbuilding campaign of 18 vessels since 2022. These 9,000 teu ships are part of PIL’s commitment to modernize their fleet and achieve net zero emissions by 2050, with delivery expected in 2027 and 2028. The order value has not been disclosed, but sources estimate each newbuild to cost around $140m.
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