MOL receives new dual-fuel methanol vessel

Mitsui OSK Lines (MOL) has taken delivery of a new dual-fuel methanol carrier at Hyundai Mipo Dockyard in South Korea. Named Cypress Sun, the vessel has been designed to operate using both methanol and traditional heavy fuel.

Canada-based Waterfront Shipping Company (WFS) will charter the vessel from MOL under a long-term charter contract. Cypress Sun is a sister carrier to Capilano Sun, which is also chartered by MOL to WFS and was delivered in 2021. Cypress Sun is 186.07m long, 32.20m wide and can carry 49,999 tons of cargo.

The use of methanol as fuel can minimise the emissions of sulphur oxide (SOx) by around 99%, particulate matter (PM) by nearly 95%, nitrogen oxide (NOx) by up to 80% and carbon dioxide (CO₂) by approximately 15% compared to traditional marine oil, according to MOL.

MOL’s current fleet of vessels includes 19 methanol carriers.The company also claims to run five of the 23 methanol dual-fuel tankers that are currently in service across the globe.