NYK TO CHARTER LOW-CARBON METHANOL-FUELLED BULK CARRIER

Aug 20, 2024 | Shipbuilding & ship repair news

NYK Group company NYK Bulk & Projects Carriers has concluded a basic agreement with Kambara Kisen for the time charter of a newbuild methanol dual-fuel bulk carrier.

The 200m-long vessel is currently under construction at Tsuneishi Shipbuilding and is scheduled for delivery in spring 2025. This ship will be the first methanol-fuelled bulk carrier operated by the NYK Group.

The vessel has a dual-fuel main engine that can use both methanol and fuel oil. The primary fuels are expected to be bio-methanol and e-methanol, produced using hydrogen derived from renewable energy sources and recovered CO2. Using low-carbon methanol as fuel, the NYK Group aims to significantly reduce GHG emissions. Boasting the largest loading capacity of an Ultramax bulker at 81,500m3 and 65,700dwt, the vessel will have a general-purpose hull that can transport various cargoes, including grain and ore.

The NYK Group aims to promote the decarbonisation of its fleet and realise clean transportation by using a wide range of low-carbon and decarbonised fuels, including low-carbon methanol.

Image: Methanol-fuelled bulk carrier (source: NYK)

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