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NYK orders its first methanol-fuelled VLCC backed by long-term charter

NYK orders its first methanol-fuelled VLCC backed by long-term charter

TradeWinds
NYK orders its first methanol-fuelled VLCC backed by long-term charter

Japan’s NYK has contracted its first methanol-powered VLCC newbuilding.

The giant shipping group said it has ordered the 310,000-dwt tanker at domestic shipbuilder Nihon Shipyard for delivery in 2028.

The deal is backed by a long-term charter to compatriot Idemitsu Tanker.

No price has been given for the dual-fuel vessel, which will also run on fuel oil.

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