Greek shipping company Arista and its partners are planning to place an order in China for 20 bulk carriers to be powered by LNG as part of a joint development programme also involving companies such as Royal Dutch Shell and the American Bureau of Shipping.

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Arista Shipping of Greece and its partners in a joint venture to develop more liquefied natural gas-powered vessels said the Greek-based project would also work with Royal Dutch Shell to investigate potential fuel supply options and requirements.

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The American Bureau of Shipping has joined forces with Greece’s Arista Shipping, two companies from Finland and French storage tank technology firm GTT in a joint development project for a dry bulk carrier concept that uses liquefied natural gas as fuel.

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