Singapore- headquartered BW LPG Limited (OSE: BWLPG.OL) reports that BW Gemini, the globe’s initial Very Large Gas Carrier (VLGC) to be retrofitted to LPG dual-fuel propulsion modern technology (see earlier tale, has actually effectively finished her historical going across of the Pacific Ocean on LPG sustained propulsion, as well as finished her loading at Enterprise Terminal in Houston today.
BW Gemini is bring a document tons of 49,000 statistics lots of LPG on a solitary keel. As the vessel refueled while packing as well as no extra bunkering was required, she has actually continued on her trip. This turn-around equates to a boost in the vessel’s business accessibility for consumers.
BW LPG has actually dedicated to retrofitting an extra 3 VLGCs for LPG procedure, bringing its overall dedication to 15 vessels at a mixed expense of around $130 million.
“We are taking the lead and advancing technology that will allow us to decarbonize and maximize the value of an asset with a 20-year lifespan as we prepare for a zero-carbon solution,” claims BW LPG Chief Executive OfficerAnders Onarheim “We are taking the lead and advancing technology that will allow us to decarbonize and maximize the value of an asset with a 20-year lifespan as we prepare for a zero-carbon solution.”
“Building new ships can provide the benefits of operating with LPG but comes at a heavy cost,” he included. “Counting total emissions, a new ship represents about 70,000 tons of carbon dioxide in the materials and building process. Compared to 2,000 tons of carbon dioxide for retrofitting, the sustainability outcome is much better from retrofitting than from building new vessels.”