The vessel, which was ordered to Shin Kurushima Dockyard Co. Ltd. and is scheduled to be delivered in October 2020, will be the first large LNG-fueled PCTC to be built in Japan.
Both companies credit a shared commitment to industry-wide decarbonisation as a driving force behind the five-year contract for five LNG dual fuel Newcastlemaxes
The concept and basic design for this mega cutter was done in close cooperation with DEME, Vuyk Engineering Rotterdam (a 100% subsidiary of IHC) and IHC.
A gas discovery of the scale of the Tuna-1 find in the Black Sea, if developed, would be transformational for Turkey, given its overwhelming reliance on imports and crippling energy import bill.