NYK has signed a long-term consecutive voyage charter contract with JFE Steel Corporation for a new bulk carrier that will run on LNG as its main fuel.

The vessel will be the first LNG-fuelled capesize bulk carrier the company will have built. The ship will be delivered in early 2024 and will be used in the Pacific trade of iron ore and coal for JFE.

This vessel will be equipped with a WinGD-made dual-fuel slow-speed diesel engine and compliant with IMO’s nitrogen oxide emissions regulations.

This ship will emit approximately no sulphur oxides, 85% less nitrogen oxide, and 25-30% less carbon dioxide, compared with conventional heavy oil-fuelled vessels.

In addition, due to careful consideration of the equipment and arrangement of the LNG fuel tank and LNG fuel supply system, this ship will maintain the loadable quantity and cargo hold capacity of conventional bulk carriers of the same size despite the increased weight of additional equipment.

NYK said it expects LNG fuel will be available through ship-to-ship bunkering in ports in the Chugoku region of Japan by the time the vessel is active.

Vessel particulars:

  • Length overall: approximately 299.9 metres
  • Breadth (moulded): approximately 50 meters
  • Draft (scantling): 18.4 meters
  • Deadweight Tonnage: approximately 210,000 tons
  • Contractor: Nihon Shipyard Co., Ltd.