NYK concludes contract for construction of dual-fuel methanol VLCC for Idemitsu Tanker
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.
On April 4th, NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC) equipped with a main engine that can use methanol as a next-generation fuel.
The vessel, which will feature a large shaft generator, will be constructed by Nippon Shipyard and engaged in a long-term charter for Idemitsu Tanker.
Methanol is a fuel expected to lower greenhouse gas (GHG) emissions. It can reduce carbon dioxide (CO₂) emissions by about 15% compared to when heavy oil is used. Furthermore, a further reduction in CO₂ emissions is expected when using green methanol, such as bio-methanol, which is produced using biomass as a raw material, or synthetic methanol (e-methanol), which is produced using hydrogen derived from renewable energy and captured CO₂.
In 2023, NYK announced the NYK Decarbonization Story with the aim of achieving net-zero GHG emissions by 2050.
Principal Particulars of Vessel
- Length Overall: 339.5m
- Breadth: 60.0m
- Scantling Draught: 21.0m
- Deadweight at Scantling Draught: Approx. 310,000 t
- Fuel: Methanol and heavy oil
- Other: Equipped with a large shaft generator
- Build: Nippon Shipyard Co., Ltd., Japan Marine United Corporation
- Charterer: Idemitsu Tanker Co., Ltd
- Delivery: 2028
