On April 4th, NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC) (hereafter, the “Vessel”) equipped with a main engine that can use methanol as a next-generation fuel.
The vessel, which will feature a large shaft generator, will be constructed by Nippon Shipyard Co., Ltd. (Nippon Shipyard) and engaged in a long-term charter for Idemitsu Tanker Co., Ltd. (Idemitsu Tanker).
This vessel will be a Malacca max next-generation environment-friendly VLCC that NYK has been designing with Idemitsu Tanker, IINO Kaiun Kaisha, Ltd., and Nippon Shipyard.
Methanol is a fuel expected to lower greenhouse gas (GHG) emissions. It can reduce carbon dioxide (CO₂) emissions by about 15% compared to when heavy oil is used.
Furthermore, a further reduction in CO₂ emissions is expected when using green methanol, such as bio-methanol, which is produced using biomass as a raw material, or synthetic methanol (e-methanol), which is produced using hydrogen derived
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