BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



Joint study to look into developing LNG-fuelled Capesize bulker

'Green Corridor' project partners to examine the feasibility of developing an LNG-powered bulk carrier.





Updated on 24 Jan 2017 12:21 GMT

An agreement has been reached to launch a joint study into developing liquefied natural gas (LNG)-fuelled Capesize bulk carriers. The project partners are: BHP Billiton, DNV GL, Mitsui O.S.K. Lines (MOL), Rio Tinto, Shanghai Merchant Ship Design and Research Institute (SDARI) and Woodside Energy.

All participating entities signed a letter of agreement at a ceremony in Singapore on 20th January.

The joint research project, called 'Green Corridor', aims to reduce sulphur and nitogen oxide emissions from merchant ships and is to examine the technological and economic feasibility of an LNG-powered bulker.

"MOL Group continually takes a proactive approach to developing and adopting technologies that contribute to reducing environmental impact and enhancing safe operation, while providing safe and reliable transport services", project participant MOL said in a statement.

As previously reported by Bunker Index, construction of what is set to be the world's largest LNG-powered bulk carrier is in progress at the Hyundai Mipo Dockyard in South Korea. It is due to be launched in late 2017 and scheduled to start transporting limestone from Gangwon-do to Gwangyang as early as 2018.

The new bulker will be able to carry up to 50,000 tons of cargo. Currently, the largest bulk carrier powered by LNG fuel is able to store around 7,000 tons of cargo.

Meanwhile, ESL Shipping's two large LNG-fuelled bulk carriers are being built at Sinotrans & CSC Shipbuilding's yard in Nanjing, China. Due for delivery in early 2018, the two 25,600-deadweight-tonne (dwt) ships have type C LNG tanks with a capacity of approximately 400 cubic metres, enabling bunkering at several terminals within the Baltic region.






Related Links:

Construction agreement for large LNG-fuelled bulkers
LNG-fuelled bulker project puts spotlight on high manganese steel
High manganese steel tanks for world's largest LNG-fuelled bulker
LNG-fuelled bulkers set for 2018 Baltic launch
New rule set class contract for LNG-fuelled bulkers
Japan

Latest News:

2020: Regulation download
Oil and fuel oil hedging market update
Expect a volatile day as OPEC meets in Vienna to discuss policy
Coral Methane's conversion to LNG bunker vessel completed
First LNG bunkering of Fure Vinga in Amsterdam
Grimaldi opts for scrubbers and batteries, decides LNG retrofits 'not viable'
LNG bunker supplier Fenosa receives first Yamal LNG cargo
Shipbrokers Exeno Yamamizu and Fearnleys join SEA\LNG
Oil and fuel oil hedging market update
Port of Gdynia, PGNiG sign LOI to build LNG bunker barge
The day before the official OPEC meeting
Gulf of Mexico's first OSV hybrid power installation completed




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events