Mitsui OSK Lines has ordered an LNG dual-fuel post-panamax bulker newbuilding against consecutive voyage charter to Kansai Electric Power Co (Kepco).
The Japanese shipowner said Oshima Shipbuilding will construct the vessel, which is scheduled for delivery in the second half of 2026.
A basic consecutive voyage charter contract has been signed with Kepco and the bulker will transport coal from overseas to its Maizuru power station in Matsuura City, Nagasaki prefecture.
MOL said LNG can reduce emissions of CO2 by about 25%, SOx by 100% and NOx by about 85%. “Also, LNG has been in practical use as a marine fuel for many years.”
It said the newbuilding will be its 17th LNG dual-fuelled oceangoing vessel. It has dual-fuel pure car/truck carriers, VLCCs, newcastlemax bulkers, ferries and tugboats on order.
MOL has set a target of achieving net zero greenhouse gas emissions by 2050.
It said it will add to its LNG-fuelled fleet and accelerate its efforts to reduce total emissions.
