Shipping company Mitsui O.S.K. Lines on 5 November announced the delivery of methanol carrier Capilano Sun at Hyundai Mipo Dockyard. The methanol carrier Capilano Sun can run either heavy oil or low-environmental impact methanol fuel.
Hisafuku Kisen K.K. and Waterfront Shipping Company Limited will charter the vessel from MOL under a long-term contract.
MOL is one of the largest operators for methanol carriers, operating 18 vessels (including “Capilano Sun“), and in 2016, started owning and operating dual-fuel vessels that can run on environment-friendly methanol fuel, continuously expanding the fleet.
Currently, MOL operates four of the 13 methanol dual-fuel tankers in service around the world.
These methanol dual-fuel vessels can reduce emissions of sulfur oxide (SOx) by up to 99%, particulate matter (PM) by up to 95%, nitrogen oxide (NOx) by up to 80%, and carbon dioxide (CO2) by up to 15%, compared to vessels using conventional fuel oil.
The Capilano Sun is the most advanced low-emission vessel, which adopts an advanced technology that adjusts the combustion temperature by mixing water into methanol fuel and can meet Tier 3 NOx regulations without a scrubber, states MOL.
In the future, dual fuel methanol carriers can become an Environmental circulation-type business, by synthesizing the carbon dioxide from carbon capture methods, CO2 carried, with hydrogen derived from renewable resource-based electricity such as offshore wind power and wave power, which MOL looks into.
The methanol produced from the cycle can be used or provided as fuel, which will reduce the net CO2 emission.
MOL’s approach to environmental issues is guided by the “MOL Group Environmental Vision 2.1” further expanding its methanol transport services by meeting a broad range of customer needs and leveraging its accumulated experience and know-how as the owner of one of the world’s largest methanol carrier fleets.
MOL also takes a proactive approach to adopting various technologies that help reduce the environmental impact of its business activities.
Specifications of the methanol carrier Capilano Sun
Ship management company: MOL Tankship Management
Source: https://www.manifoldtimes.com/Tags: Capilano Sun, Dual-fuel Vessel, Methanol, Methanol Carrier, MOL