- Malacca Max VLCCs aimed at reducing greenhouse gas emissions.
- VLCCs are crucial for transporting crude oil to Japan’s economy.
- Companies to assess next-gen fuels and eco-friendly equipment effectiveness.
Japanese Consortium establishment announcement to conduct joint research and development of design concepts for Malacca Max VLCCs aimed at reducing greenhouse gas emissions, reports NYK.
Background
Decarbonization is a pressing global concern. Japan heavily relies on crude oil imports from the Middle East for over 90% of its energy needs.
VLCCs are crucial for transporting crude oil to Japan’s economy. To reduce emissions, companies are exploring next-gen fuels and eco-friendly equipment like CCS systems.
Initiatives
Aim to reduce greenhouse gas emissions by over 40% compared to previous levels. Combine expertise across companies to assess next-gen fuels and eco-friendly equipment effectiveness.
Develop design concepts for VLCCs with an emphasis on sustainability. Ultimately, aim to build and operate environmentally efficient VLCCs.
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Source: NYK
