Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) announced that it will build a dual-fuelled bulk carrier at Oshima Shipbuilding that will be intended for charter with Kansai Electric Power Co.
According to the company, the LNG dual-fuel bulker is intended to transport coal to KEPCO’s Maizuru Power Station from overseas, in addition to an ongoing contract under the terms of the basic agreement.
As explained, the vessel will be engaged in overseas coal transportation for the Maizuru Power Station in addition to an ongoing contract, and is slated for delivery in the second half of 2026.
LNG can reduce carbon dioxide (CO2) emissions by about 25%, sulfur oxides (SOx) emissions by 100%, and nitrogen oxides (NOx) emissions by about 85% in comparison to burning conventional marine fuel. Also, LNG has been in practical use as a marine fuel for many years.
MOL Group has already ordered and built LNG-fueled car carriers, bulk carriers, tankers, ferries, and a tugboat, and this newbuilding bulk carrier will be its 17th LNG-fueled ocean-going vessel.
As informed, the group will further expand the introduction of LNG-fueled vessels as an initiative that can be taken immediately, and accelerate its efforts to reduce total GHG emissions.
