NYK reports that it has held the naming ceremony for an LNG-fuelled capesize bulk carrier it ordered for deployment transporting iron ore and coal from Australia to Japan under a long-term consecutive voyage charter contract with JFE Steel Corporation (JFE).
The ceremony was held at Japan Marine United Corporation’s Tsu Shipyard in Mie Prefecture. NYK says it believes the vessel to be the first capesize LNG-fuelled bulk carrier to be built at a shipyard in Japan.
NYK is expanding its fleet of LNG-fuelled vessels to meet the NYK Group’s goal of reducing GHG emissions by 45% from fiscal 2021 levels by fiscal 2030 while taking on the challenge of decarbonising an entire supply chain.
Ny using LNG fuel, new vessel ‘SG Ocean’ will emit virtually no sulphur oxides (SOx), 75% less nitrogen oxide (NOx), and 25% less carbon dioxide (CO2) compared to existing conventional heavy-oil-fuelled vessels. Additionally, the vessel will be compliant with the IMO’s NOx emission regulations (Tier III). The vessel uses the latest 7X62DF-2.1 iCER dual-fuel slow-speed diesel engine by WinGD which halves methane emissions when using LNG fuel. NYK says that cargo capacity of the capesize will be the same despite use of extra equipment.