Eastern Pacific Shipping Pte. Ltd. (EPS) News

bound4blue and Amasus Shipping have completed the installation of a 22-metre eSAIL® on the general cargo vessel Fluvius Tavy at Astander Shipyard in Santander, Spain. The project marks the companies’ second installation, reinforcing both the scalability of suction sail technology and the growing confidence of shipowners in wind propulsion as a mainstream decarbonisation solution. The latest adoption of bound4blue’s autonomous suction sails follows a previous installati...

bound4blue, a pioneer in wind propulsion systems, has closed a US$44 million funding round backed by pioneering maritime corporates, ship owning families, climate-focused investors and government capital.  The round was led by OCTAVE Capital, an investment platform affiliated with major shipowner: IMC, and Katapult Ocean. The round brings together new investors, including Motion Ventures, Odfjell family office and ReOcean Fund - led by the Prince Albert II of Monaco Foundation and Mon...

bound4blue has taken another step forward in its mission to accelerate and simplify the adoption of wind power, with the validation of its ‘wind propulsion system force matrix calculation methodology’ by Lloyd’s Register (LR). The validation gives shipowners a robust, credible and compliant means to calculate the Pwind value of installations, ensuring they unlock full regulatory (and cost) benefits under frameworks such as FuelEU Maritime, and EEDI/EEXI. Advanced CFD-based ca...

BW Epic Kosan (BWEK), a world pioneer in LPG, petrochemicals and speciality gas transportation, has signed an agreement with bound4blue for the installation of a 24 metre tall eSAIL® suction sail on the 2007-buit Helena Kosan. The autonomous wind propulsion system, to be installed in 2026, will allow BWEK to save fuel, cut emissions, reduce costs and simplify regulatory compliance, as the Singapore-based company invests to support industry decarbonisation goals. Safe, simple sailing &ldqu...

bound4blue has completed the installation of its breakthrough eSAIL® suction sails on tanker vessel Pacific Sentinel with a streamlined single-stop process for Eastern Pacific Shipping (EPS) at Besiktas Shipyard in Turkey during a planned drydocking. Three 22-metre, DNV Type Approved eSAILs® were installed on the 50,000dwt Pacific Sentinel in under a day per unit, as planned. Overall energy consumption The installation took place during a scheduled vessel drydock, with preparatory wor...

bound4blue has consolidated its position at the forefront of shipping’s revolution with a landmark contract with Maersk Tankers. The agreement is the largest wind-assisted propulsion system (WAPS) agreement for bound4blue to date, with 20 of the company’s type-approved eSAIL® suction sails to be installed on five MR tankers in 2025 and 2026. Turnkey efficiency Maersk Tankers identified the eSAIL® as a solution of choice in partnership with green technology catalyst Njord,...

MAN Energy Solutions has signed a Memorandum of Understanding (MoU) with Eastern Pacific Shipping (EPS) at the Posidonia 2024 International Shipping Exhibition in Piraeus, Greece, on the development of crew training for the handling of ammonia as fuel on vessels. Ammonia training Signed between Cyril Ducau, Chief Executive Officer for EPS, and Bjarne Foldager, Country Manager, Denmark for MAN Energy Solutions, the MoU will enable EPS to be trained alongside MAN Energy Solutions’ engi...

At Gastech 2023, ABS signed a memorandum of understanding (MoU) to review an innovative new design from HD Hyundai Heavy Industries (HHI) for a dual-fuel, very large ammonia carrier (VLAC) for Eastern Pacific Shipping Pte. Ltd. (EPS). ABS joins project partners EPS, HHI and HHI Engine & Machinery Division, MAN Energy Solutions and the Maritime and Port Authority of Singapore. Demand for gas reduction Fueled by ammonia and liquified natural gas (LNG), the 88K/93K cbm vessel design is expec...

Inmarsat Maritime, a Viasat business, and a worldwide renowned company in global, mobile satellite communications, has published its Decarbonisation Toolkit, which outlines a practical blueprint for decarbonisation in the maritime industry.  Compiled by maritime innovation consultancy Thetius, the report uses real life examples to set out a framework across three domains of energy transition: ‘Operation’, ‘Ship’ and ‘Human Element’.  Decarbonisatio...

Gard is happy to announce that they have entered into partnerships with the Global Centre for Maritime Decarbonisation (GCMD) in Singapore and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping in Denmark. As decarbonisation transforms the maritime industries, ship owners will increasingly have to convert their operations to alternative fuels and low-carbon technologies, exposing them to new risks and operational challenges. As a leading marine insurer, Gard wants to support t...

New Times Shipbuilding  Co. Ltd., located in Jiangsu Province, China, has ordered 3 x MAN B&W 6G70ME-GI engines in connection with the construction of 3 x 210,000 dwt bulkcarriers for Eastern Pacific (EPS), the Singapore-based shipping company.   CSSC-MES Diesel (CMD) will build the engines in China, while Rio Tinto – the metals and mining multinational – will charter the vessels upon their entering service. The contract includes an option for three further vessels....

Foundation Det Norske Veritas – which owns DNV Group – has teamed up with the Maritime and Port Authority of Singapore (MPA) and five other industry leaders to establish a maritime decarbonisation centre in Singapore. The centre’s stated mission is to catalyse and facilitate decarbonisation in the maritime sector and will be supported by contributions from the founding members totalling S$120 million. Its creation follows the release of a recommendation by the International Ad...

MAN Energy Solutions has received an order for 5 × 6G70ME-GI Mk 10.5 dual-fuel engines in connection with the construction of 5 × 210,000-dwt Newcastlemax bulkcarriers for EPS, the Singapore-based shipping company. EPS has sealed an agreement to charter the five LNG dual-fuel Newcastlemaxes to Australian mining giant, BHP, for a period of five years. The vessels are scheduled for delivery during 2022 and will carry iron ore between Western Australia and China. Dry bulk shipping fle...