K Shipbuilding to build 2+2 LNG/methanol-ready tankers for Greek shipowner

South Korea’s K Shipbuilding (KSB) has clinched a contract to construct two alternative fuel-ready 50,000 dwt tankers for Greece-based shipowner Lastco.

According to Greek shipbroker Intermodal, K Shipbuilding is set to build two future-fit vessels that will come with methanol-ready and liquefied natural gas (LNG)-ready capabilities, with an option for an additional pair.

As informed, Lastco is expected to cash out $50 million per unit. Once completed, the vessels are planned to be handed over in 2027.

The Greek maritime transport player currently owns and operates a fleet of around 32 ships, representing 2.9 million deadweight tons. Lastco’s roster encompasses LR2 tankers, MR tankers, as well as very large gas carriers (VLGCs) and very large crude carriers (VLCCs).

Over the past years, in the face of increasingly tight environmental regulations, Lastco has set its sights on renewing its fleet, i.e., adding new units to the list with more ‘advanced’ technological features that could ensure compliance with regulatory mandates, such as the International Maritime Organization’s (IMO) Net Zero Framework (NFZ).

As understood, owing to the fact that the tankers booked at K Shipbuilding will have the option