A barge a month for Concordia Damen
Concordia Damen has signed a contract for 40 eco-friendly dual fuel inland waterway barges with institutional investors advised by J.P. Morgan Asset Management. These barges will be chartered by Shell and operated by the VT Group/Marlow.
The 110 x 11.5m vessels will have LNG propulsion and extreme shallow draught capabilities – 2800 ton on 3.25m draught – in order to maximise cargo carrying capacity on Dutch, Belgian and German canal and river networks.
Construction begins next month with the first barge expected in November 2021, and, after that, one a month until the order is completed.
The tankers will transport mineral oils between Antwerp, Amsterdam, Rotterdam and the Rhine network.