NYK Group To Operate First Methanol Dual-Fuel Bulk Carrier

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NYK Bulk & Projects Carriers Ltd., a company under the NYK Group, announced a significant milestone by signing a basic agreement with Kambara Kisen Co., Ltd. for the time charter of a methanol dual-fuel bulk carrier. According to NYK Line, this vessel, currently being constructed at the Tsuneishi Shipbuilding Co., Ltd. in Hiroshima, Japan, is set for delivery in spring 2025 and will mark the NYK Group’s first methanol-fueled bulk carrier, signaling a substantial step toward the decarbonization of its fleet.

Advancing Decarbonization in Shipping

The vessel is equipped with a dual-fuel main engine capable of using both methanol and fuel oil. The primary fuels, bio-methanol and e-methanol, will be produced using renewable energy sources, significantly reducing greenhouse gas (GHG) emissions. This aligns with NYK Group’s commitment to promoting clean transportation and decarbonization across its fleet.

Vessel Specifications and Capabilities

With the largest loading capacity of an Ultramax bulker, the vessel features a general-purpose hull designed to transport various cargoes, including grain and ore. The vessel particulars include a length of 200 meters, a breadth of 32.25 meters, and a deadweight of 65,700 metric tons, ensuring it is well-equipped to handle diverse shipping needs while contributing to sustainability goals.

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Source: NYK LINE