Hong Kong-listed Orient Overseas opens new tab said on Tuesday that its units have ordered the construction of 14 container vessels from China COSCO Shipping Corp totaling $3.08 billion in value.
These vessels will either be delivered with wind propulsion systems installed or prepared for future integration, using technologies from various suppliers such as Norsepower.
Swiss marine power company WinGD is to integrate hybrid power and energy systems on four 113,600 DWT, wind-assisted tankers under construction for Union Maritime Limited (UML).
The planned engine retrofits and upgrades will extend the vessels' operational life and improve both performance and fuel efficiency, thereby significantly reducing emissions.
The engines will be employed as GenSets for power generation aboard the purpose-built CO2 carrier, which will be employed in the offshore, substrate storage of CO2.
This vessel will be a Malacca max next-generation environment-friendly VLCC that NYK has been designing with Idemitsu Tanker, IINO Kaiun Kaisha, Ltd., and Nippon Shipyard.
