World’s first LNG-fuelled panamax commences operation

The world’s first LNG-fuelled panamax bulk carrier has started operating. The coal carrier, owned by Nippon Yusen Kaisha (NYK) and on charter to Kyushu Electric Power (Kyuden), was built at Oshima Shipyard and is called Shoyo. The ship’s first LNG bunkering took place yesterday.

LNG is shipping’s top alternative fuel today, with methanol beginning to catch up.