Japan’s second-largest steel mill has tapped the nation’s big three shipping lines for LNG-powered Newcastle makes, says an article published in Splash 247.
About the long term deal
JFE Steel has signed long-term deals with Nippon Yiusen Kaisha (NYK), Kawasaki Kisen Kaisha (K-Line), and Mitsui OSK Lines (MOL) to charter three 210,000 dwt LNG-fuelled bulk carriers.
The ships, which have been designed by Nihon Shipyard and will be built by Japan Marine United and Imabari Shipbuilding, are scheduled to be completed successively from the beginning of 2024 into early 2025.
Fleet construction
Each ship will have an overall length of fewer than 300 m, a beam of up to 50 m, a freeboard of up to 25 m, and a draft of up to 18.4m.
Ships with zero-emission
JFE Steel said today it also plans to consider using zero-emission ships powered by other fuels such as ammonia and carbon-recycled methane.
JFE Steel laid out plans earlier this year to become carbon neutral by 2050.
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Source: Splash 247
