Bruton secures financing for two new LNG dual-fuel vessels

Norwegian tanker company Bruton has received a financing proposal for the construction of two very large crude carriers (VLCCs) capable of running on LNG as well as conventional marine fuels.

IMAGE: An LNG dual-fuel vessel. ENGINE via Gemini AI

The LNG dual-fuel vessels, Mount Vision and Mount Horizon, are scheduled for delivery in July 2026 and January 2027, respectively, Bruton said. 

The tanker firm has received a financing proposal covering 90% of the vessels' construction cost, with tenor of 15 years.

However, it has not revealed the shipyard where the two vessels will be built.

Bruton has also signed a non-binding charter agreement with a “leading global trading house” for the two VLCCs, it added.

The company also holds options for two more LNG dual-fuel newbuilds from Chinese shipbuilder New Times Shipbuilding, with deliveries scheduled for 2029.

By Aparupa Mazumder

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