- NYK Bulkship (Asia) Pte. Ltd. signs a long-term time charter contract with Waterfront Shipping Company Limited (WFS) for two newly built chemical carriers.
- The new ships will each be equipped with a dual-fuel engine that enables the vessels to be powered not only by marine fuel oil but also methanol.
- After delivery from the Hyundai Mipo Dockyard (Korea) in 2022, the vessels will be delivered to WFS.
- Both vessels will be managed by the NYK Group company NYK Shipmanagement Pte. Ltd (NYKSM).
A recently published article in NYK Line reveals that NYK Bulkship (Asia) Pte. Ltd signs an agreement with Waterfront Shipping Company Limited for two methanol-fueled chemical tankers.
An eco-friendly engine
The dual-fuel engine for the new ships will be an eco-friendly engine that reduces sulphur oxides (SOx) by approximately 99 percent, in addition to reductions to particulate matter (PM) and nitrogen oxides (NOx).
This environmental specification enables the vessels to meet important environmental regulations of international shipping, such as SOx Global Cap regulations** set by the International Maritime Organization (IMO).
The future plan of NYK group
The NYK Group will continue to secure business with stable freight rates through long-term contracts.
It will also contribute to realizing a sustainable society that will make use of technology that can reduce negative impacts on the environment.
Waterfront Shipping Company Limited (WFS)
Waterfront Shipping Company Limited (WFS)
Waterfront Shipping, a wholly owned subsidiary of Methanex Corporation, is a global marine transportation company specializing in the safe, responsible and reliable transport of bulk chemicals and clean petroleum products to major international markets in North America, Asia Pacific, Europe and Latin America.
Waterfront Shipping operates the world’s largest methanol ocean tanker fleet with its fleet comprising vessels from 3,000 to 50,000 dwt.
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Source:NYK
