Global second order! Japan's first methanol dual-fuel VLCC signed

2024-10-31 09:00

Japan's first methanol dual-fuel vessel, jointly developed by four Japanese companies VCC has officially entered the construction phase.

10 Month 23 Day, Japanese shipping company IINO Lines IINO Lines ) announced an order for Japan's first methanol dual-fuel Nihon Shipyard VLCC 309400 Deadweight tonnage VLCC The new vessel is expected to be delivered in 2027 year, and will be leased to Idemitsu Tanker after delivery Idemitsu Tanker ）

Nihon Shipyard is a joint design company of Japan's two major shipbuilding giants, Imabari Shipbuilding and Japan Marine United JMU ) VLCC This latest order marks the first time the Japanese shipbuilding industry has undertaken the construction of a methanol dual-fuel vessel, VLCC This is the second methanol dual-fuel vessel order in this field following Dalian Shipbuilding's acceptance of COSCO Shipping's global first order last year.

The specific price of the new vessel has not been disclosed. For reference, according to Clarkson's data, the current price of a 31500-320000 Deadweight tonnage VLCC newbuild is approximately 1.29 US dollars, an increase of 1.28 US dollars compared to the same period last year. 1%。

The vessel design is based on the vessel concept developed by an alliance formed by IINO Lines, Idemitsu Tanker, NYK Line, and Nihon Shipyard. These four companies launched joint research and development of a new generation of environmentally friendly 1 Month VLCC concept designs this year, planning to combine their expertise to verify / the selection of next-generation fuels and environmental equipment, launch concept designs, and ultimately build and operate a new generation of VLCC 。

The new vessel is 340 meters long, 60 meters wide, 28.6 meters deep, 21 meters in full load draft, 309400 tons in deadweight. In addition to traditional fuel, the vessel can also use methanol as fuel, and is equipped with a shaft generator that uses the rotation of the main propeller shaft to generate electricity, which is expected to reduce air pollutants such as carbon dioxide, sulfur oxides, nitrogen oxides, and particulate matter produced by ships.

Methanol is expected to contribute to the International Maritime Organization's ( IMO ) Greenhouse Gas Reduction Strategy. NYK Line said that compared to using traditional heavy oil, methanol can reduce CO2 emissions by approximately 15% Furthermore, by using green methanol, such as bio-methanol produced from biomass, and synthetic methanol (e-methanol) produced using renewable energy-generated hydrogen and recycled carbon dioxide, CO2 emissions can be reduced to almost zero.

Currently, Japan's crude oil imports 90% rely on the Middle East. The transportation of crude oil VLCC plays an important role in national economic activities. In order to minimize greenhouse gas emissions during crude oil transportation, shipping companies are considering switching from traditional fuels to next-generation fuels and installing carbon dioxide ( CO2 ) recovery systems and other environmentally friendly equipment. To address these issues, this year 1 Month, Idemitsu Tanker took the initiative to form an alliance with IINO Lines, NYK Line, and Nihon Shipyard to jointly develop a new generation of environmentally friendly VLCC The goal is to reduce 40% of greenhouse gas emissions.

It is understood that Idemitsu Tanker is a subsidiary of Idemitsu Kosan, Japan's largest independent oil company, Idemitsu Kosan ), and operates VLCC and VLGC Currently, Idemitsu Tanker's fleet operates 6 owned vessels VLCC and 11 chartered vessels VLCC Considering that 5 vessels VLCC in its fleet are nearing or exceeding 15 years old, the company must consider fleet renewal.

IINO Lines is a global shipping company headquartered in Tokyo, established in 1899 year. As a ship owner and operator, IINO Lines has been committed to developing shipping services, specializing in the carriage of natural energy resources and related products, such as crude oil, LNG 、 LPG petrochemical products, and bulk cargo. As of 2024 year 3 Month 31 Day, IINO Lines owns and operates 96 vessels, including 4 vessels VLCC 、36 chemical tankers, 22 bulk carriers, 9 vessels VLGC and 25 small LPG carriers. The company also has 5 newbuilding orders, including 3 vessels VLGC 、1 handysize tankers and 1 vessels MR1 product tankers.

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