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

24 Jan 2017 12:21 GMT

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



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

Latest News:

ECSA welcomes agreement on CO2 emissions trading system
Tallink achieves Q3 growth despite rise in bunker costs
Oil and fuel oil hedging market update
Jan Brent rose $0.47 to close at $62.57
Debmarine Namibia inks MoU to build bunker-saving mining vessel
Understanding 'about' in bunker consumption clauses
Viking Line ferry will be first to use dual-fuel version of world's most efficient four-stroke diesel engine
Market still indecisive as OPEC meeting closes in
Oil and fuel oil hedging market update
First LNG shipment arrives at future Lapland bunkering hub
VPS expands oil condition monitoring capabilities
Quadrise issues activity update following 'media speculation'




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
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