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Αρχική > IN ENGLISH > FORWARD MARITIME GROUP INC: twenty ‘FORWARD BULKER 84-LNG’ bulk carriers

FORWARD MARITIME GROUP INC: twenty ‘FORWARD BULKER 84-LNG’ bulk carriers

A Letter of Intent (“LOI”) has been signed between FORWARD MARITIME GROUP INC. and JIANGSU YANGZIJIANG SHIPBUILDINGGROUP LTD. for the construction of up to twenty ‘FORWARD BULKER 84-LNG’ bulk carriers with deliveries between 2020 and 2023. Whendelivered, these vessels will be trading under the “FORWARD SHIPS” brand. JIANGSU YANGZIJIANG SHIPBUILDING GROUP LTD., listed on the Singapore Exchange, is one of the largest private shipbuilding groups in theworld. With three large dry-docks and six large and medium size slipways, it has an annual output of 6 million deadweight tons and hasmainstream products of 700TEU to 14000TEU large container vessels, 7600-dwt to 400,000-dwt bulk carriers, multi-purpose vessels and offshoreengineering equipment together with large steel structures. The Group is managing and operating Jiangsu New Yangzi Shipbuilding Co., Ltd.,Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd., Jiangsu Yangzijiang Shipbuilding Co., Ltd. and Jiangsu Yangzijiang Offshore Engineering Co. Ltd.PROJECT FORWARD is a Joint Development Project (“JDP”) formed and led by ARISTA SHIPPING S.A. in 2013 to combat global ship emissionsby promoting the adoption of liquefied natural gas (LNG) as a marine fuel, and by suggesting the design of a Kamsarmax size bulk carrier whichreduces the cost of transportation at sea, modernizes the shipping industry, and defines the new standard of vessel for IMO’s 2020 emission rulesand beyond. FORWARD MARITIME GROUP INC., an Arista Group affiliate, and Yangzijiang Shipbuilding Group have agreed by way of the LOI to bring thisinnovative design to reality. The Partners of PROJECT FORWARD comprise a prestigious and powerful group of industry leaders consisting of ABS (American Bureau ofShipping, one of the world’s leading ship classification societies), SHELL (Shell Western LNG B.V., a leading supplier of LNG Marine Fuel), GTT(Gaztransport & Technigaz, the leading engineering company specialized in the design of membrane containment systems for the maritimetransportation and storage of liquefied natural gas), WÄRTSILÄ (a corporation which manufactures and services state of the art power sourcesand other equipment in the marine and energy markets) and DELTAMARIN (a ship design, offshore engineering and construction group operatingin the marine and offshore industries worldwide)

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