Shipper Orders Ammonia-Propulsion Carriers

Capital Product Partners L.P., an international shipping company based in Greece, announced an investment in 10 new gas carriers, including four Liquid CO2 Handy Multi Gas Carriers (LCO2s) that have options for ammonia propulsion and/or onboard carbon capture.

The LCO2s are unique vessels that can transport liquid CO2, LPG, and ammonia with capacities to move more than 1 million mt/y of liquid CO2.

The four vessels will be produced at the Hyundai Mipo Shipyard in Ulsan, South Korea, and will have a size of 22,000 cubic meters. Each vessel has a contract price of $78.2 million. Delivery is expected in January 2026 for the first vessel and November 2026 for the last of the four.