Neptune Lines proceeded to the further expansion of its fleet through the Genesis Project. This latest expansion involves the addition of two next-generation vessels, following the recent order of the first two of the same series. This brings Neptune Lines’ total newbuilding orders to four vessels through the Genesis Project, marking a significant milestone in the company’s strategic fleet enhancement.
The Genesis Project exemplifies Neptune Lines’ role as an industry pioneer, driving positive change in the maritime sector. Through technological innovation and a deep-rooted commitment to the environment, Neptune Lines is navigating a sustainable course for the future of global shipping. This expansion enhances the company’s commitment to leading the maritime transport sector into the new era of sustainability and technological advancement.
The addition of two more 4200 CEU LNG DF PCTC (Pure Car Truck Carrier) vessels is a key component of Neptune Lines' strategic plan to bolster its fleet over the next decade. These vessels are poised to increase cargo capacity by 36% compared to the current core fleet vessels, while seamlessly aligning with global emission reduction objectives.
Continuing the successful collaboration established with the first two vessels of the Genesis Project, Neptune Lines reaffirms its partnership with Deltamarin for the co-design of the two additional vessels. The company also remains engaged with Fujian Mawei Shipyard in China for their construction, ensuring the highest safety standards. Delivery is anticipated in 2027.
Neptune Lines has demonstrated a remarkable improvement in environmental performance, evidenced by a 52% reduction in carbon intensity by the end of 2023, compared to the 2008 baseline. This trajectory is set to continue, with the company on track to achieve a 68% improvement in intensity profile by the end of 2030. These figures surpass the current IMO targets by a substantial margin and they also underscore Neptune Lines’ environmental strategy and dedication to “Wake Forward”.
Neptune Lines, a member of Neptune Group of Companies, is a leading finished vehicle logistics provider, offering transportation and shipping solutions to manufacturers and shippers of vehicles and high & heavy cargoes. Founded in the roots of Greek shipping and entrepreneurial courage, the company was established in 1975 and has grown to be amongst the most prominent players in vehicle logistics in Europe. The company operates regular liner services in more than 40 ports in 27 countries counting 3,000 port calls and 1.6 million miles on an annual basis, across North Europe, Mediterranean, Black Sea and the Far East. In 2023, Neptune Lines has moved 1.7 million units. Its extensive range of 22 PCTC vessels enables optimal flexibility and can cater for a wide range of cargo, while achieving economies of scale across its network.
Guided by its mission, deep-seated in its 50-year heritage, Neptune Lines centers around its customers, delivering excellence through bespoke solutions - tailored to their needs. Neptune Lines constantly adapts, changes, and progresses, expanding further across the finished vehicle value chain,while embracing its responsibility towards the environment.
ELNAVI Newsletter
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