Mitsui OSK Lines, MOL Coastal Shipping, Tabuchi Kaiun, Niihama Kaiun, Murakami Hide Shipbuilding, and Hanshin Diesel Works will a build a methanol-fuelled coastal tanker.
The 65. 5 m long vessel will be jointly owned by MOL Coastal Shipping, Tabuchi Kaiun, and Niihama Kaiun. The vessel will be built at Kanasashi Heavy Industries, part of the Murakami Hide Shipbuilding Group, and is slated for delivery in December 2024. It will be bareboat chartered to Niihama Shipping through the three shipowning companies, and then time-chartered to MOL Coastal Shipping through Tabuchi Kaiun. MOL Coastal Shipping will sign a time charter contract with Mitsubishi Corporation, and the vessel will be engaged in domestic methanol transport from the time of delivery.
Methanol fuel can be supplied and bunkered at about 130 major ports worldwide, according to MOL, which already operates five methanol tankers.
Tags: coastal shipping, Coastal Tanker, Japan, Methanol, MOL
Recent Posts
IIT Bombay partners with HSBC to support green hydrogen initiatives
ARAI receives 13 bids for green hydrogen projects
Crude oil consumption increased by 4.6% in FY24: PPAC
ABS releases technical and operational advisory on methanol bunkering
Carras Aquataurus becomes world’s first vessel to earn ABS biofuel-1 notation
Hapag Lloyd signs agreement with Seaspan Corp
IBIA collaborates with BIMCO on fuel and maritime challenges
BHP to receive first ammonia-fuelled bulk carrier in 2026