PascoGas is committed to delivering reliable and sustainable shipping services, General Manager Zehra Yiğit said:
“A pivotal moment was the decision to reduce our GHG emission intensity gradually by 2035 and to achieve net zero for the entire group by 2050.
“Despite all the cyclical difficulties and uncertainties of world trade, we are dedicated to our environmental strategy. This is a core principle that guides every decision we make, ensuring our vessels and operations reflect the highest standards of sustainability.”
PascoGas provides sustainable solutions to the shipping industry. With vessels built to the latest specifications, the company maintains a fleet of modern and efficient ships. General Manager Zehra Yiğit discussed new investments and environmental targets. Report by Hannah Barnett and Antonia Cole.
The company’s origins date to 2010 when it operated medium-sized gas carriers.
Building upon this experience, PascoGas was established in 2019, becoming a global LPG shipping owner, focusing on the development of an environmentally-friendly fleet. Now the
company employs 365 people who deliver high-quality services.
“As General Manager, I’ve always focused on staying ahead of the curve, balancing technical innovation with environmental responsibility from the very beginning of working for this company in 2015,” Ms Yiğit explained. “My management style is centred on precision and determination, with a collaborative,
forward-thinking approach that empowers our team to deliver exceptional results.
“I believe in making critical decisions with a long-term vision, which is why we’ve consistently pursued cutting-edge technology and quality, even when faced with market uncertainties. This mindset allows us to stay resilient during tough times and lead the way in a rapidly evolving industry.”
PascoGas’ management office is based in Istanbul, Turkey, with a site management office for newbuilds in South Korea. The company has become a leading ship owner with a sustainable fleet, having ordered nine dual-fuel gas carriers and already taken the delivery of three. In April 2025, PascoGas expects the delivery of the fourth, with all vessels to be delivered by 2027.
“These are highly-sophisticated ships, equipped with LPG dual fuel and full ammonia-ready, cutting-edge technology,” added Ms Yiğit. “They will be delivered to Hyundai Mipo Drydock in South Korea, one of the world’s leading shipyards. Two of the vessels
are VLACs, which have been ordered to Hyundai Heavy Industries in Korea. It is clear that we are pioneers of our industry.”
Sustainable fleet
PascoGas operates a state-of-the-art, energy-efficient fleet. With a transportation capacity of 424,000CBM and an average age of three years, this fleet is positioned to become one of the world’s youngest and largest dual-fuel mid-size gas carriers.
“Only three of our twelve fully-refrigerated gas carriers are conventional-type ships,” explained Ms Yiğit. “This already puts us in an impressive place in terms of the ratio of conventional ships in the fleet to new generation environmentally-friendly ones. We aim to continue evolving the fleet with modern sustainable vessels that drive environmental action and create new value.”
Creating a fleet focused on environmentally-friendly vessels is essential in building longterm relationships with clients. This approach enables the client to deliver their trade in the quickest and most efficient way possible, supporting their operations and environmental goals. It is important for PascoGas to facilitate sustainable travel in order to meet the requirements of the market and protect the planet.
The company also completes all managerial tasks in-house. With a knowledgeable team of technical experts, PascoGas works closely with traders and adapt services to satisfy individual needs. The majority of the company’s business comes through chartering, so it is essential that this aspect of operations is run efficiently. Providing a streamlined service drives profitability and customer satisfaction.
“For us, it is not only about having the most environmentally-friendly ships, but also about having skilled technical, commercial and operational teams to make the process easy and efficient,” continued Ms Yiğit. “The ships cannot operate by themselves; it takes a talented crew with the right expertise to guarantee
an effective service. Our professional and driven team are committed to delivering high-quality services for our clients.”
Innovative newbuilds
Until recently, the transportation sector has significantly contributed to the world’s greenhouse gas emissions. With the development of sustainable technologies and the adoption of dual-fuel
systems, companies like PascoGas are now taking positive action in the transition towards more environmentally-conscious operations. These solutions reduce harmful impacts whilst also enhancing efficiency and cost-effectiveness.
PascoGas’ newbuilds feature a two-stroke, dual-fuel MAN B&W
ME-LGIP engine. This is designed to run LPG, but it can also run on ammonia once applicable. When run with LPG, the engine offers up to an 18% reduction in CO2 emissions, as well as a 90% reduction in particulate matter.
“LPG, as a fuel, is easier to access, store and handle than cryogenic gaseous fuels,” commented Ms Yiğit. “Furthermore, LPG is cheaper yet delivers the same performance and efficiency. The ability to use LPG cargo as a supplemental fuel
source provides significant cost savings for owners and charterers, including reduced time and fees for fuel bunkering.”
With regulations, such as the EU ETS, being implemented to reduce the environmental impact of international shipping, it is vital that shipping companies take steps to limit greenhouse gas emissions. Additionally, 2025 will see the introduction of the FuelEU Maritime Regulation. This will greatly impact the industry as a whole, pushing sustainability to the forefront of shipping requirements.
“Considering the additional taxes that these rules and regulations will directly and indirectly impose on shipowners and charterers, it is clear to see the advantage that our state-ofthe-art, efficient ships will offer,” added Ms Yiğit. “The specifications of our newbuilds meet maximum efficiency and performance criteria. Our ships are designed
to be highly sophisticated with automation, voyage optimisation, software, hardware and AI-supported tools to easily meet the needs of our crew, shipowners, charterers and all stakeholders in the supply chain.”
Alternative fuels
PascoGas has worked closely with its partners to continuously develop its fleet for a more sustainable future. Offering high-quality and environmentally-friendly services, the company aims to be an honest and reliable shipping operator. Building close relationships with shipyards has enabled collaborative and efficient operations, driving PascoGas forward.
“International shipping accounts for around 90% of the world’s trade,” said Ms Yiğit. “It is important for us to have a system that considers all international and local rules, and progresses as standards evolve. The responsibility to actively satisfy all key stakeholders is a great challenge, but something that offers me personal excitement.”
Moving forward, the company will welcome the delivery of its remaining dual-fuel ships. However, in the effort to achieve the overall goal of net zero emissions, PascoGas is investigating the role of alternative fuels in the shipping industry. This includes both ammonia- and hydrogen-fuelled vessels.
“We are working with clients to explore the best fuel options for the future,” explained Ms Yiğit, in conclusion. “This industry is constantly evolving, so it is essential that we have these conversations now in preparation. The key milestones in our journey – from setting bold sustainability goals to making critical investments in our fleet – have been shaped by a clear, consistent vision.
“I’m proud of how far we’ve come, and I’m confident that our approach will continue to lead PascoGas to new heights in the years ahead.” n
