Peterhead International (PIL) has signed a contract with a Chinese shipyard for the progressive delivery of four 8,000 TEU LNG dual-fuel vessels in 2025. Lars Kastrup, chief executive of PIL, said the ships would help meet its decarbonisation target of achieving net zero emissions by 2050. The new vessel will be equipped with an ammonia intermediate-ready fuel tank and run on LNG and low-sulphur fuel oil.