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EPS Inks World’s First Dry Bulk LNG Dual Fuel Charter With BHP

marinesalvage by marinesalvage
October 31, 2020
in News
0
EPS Inks World’s First Dry Bulk LNG Dual Fuel Charter With BHP

Eastern Pacific Shipping (EPS) has actually been granted the globe’s very first LNG Dual Fuel Newcastlemax mass provider agreement by worldwide source titan BHP. The 5 vessels, which will certainly be lugging iron ore in between Western Australia as well as China, are set up to be supplied throughout 2022.

The fleet of 209,000 DWT vessels will certainly be powered by LNG, a different aquatic gas confirmed to dramatically reduced greenhouse gas (GHG) exhausts. LNG has actually become a sensible as well as easily offered option that decreases sulphur oxide, co2, nitrogen oxide as well as gets rid of particle issue.

In enhancement, these vessels will certainly be fitted with high-pressure MEGI engines which decreases methane slippage to minimal degrees.

EPS Inks World’s First Dry Bulk LNG Dual Fuel Charter With BHP

Image Credits: epshipping.com.sg

EPS Chief Executive Officer Cyril Ducau states, “We are thrilled to partner with BHP, one of the world’s largest dry bulk charterers on this landmark deal. When discussions began, it became evident that our values and sustainability agendas were aligned. BHP’s commitment to making a positive change for the industry resonated with our decarbonisation mission and our culture of environmental protection. This deal also sends a clear signal to the industry that progressive companies, like BHP, have viable options to lower their carbon footprint today. When these vessels deliver in 2022, they will be the cleanest and the most efficient in the entire dry bulk shipping fleet and will be IMO 2030 compliant eight years ahead of schedule”

BHP Chief Commercial Officer, Vandita Pant claimed, “As an established provider of marine transportation to the energy market for 60 years, EPS shares BHP’s commitment to lowering emissions in the maritime supply chain and we look forward working with them to align with the GHG goals of the International Maritime Organisation.”

Reference: epshipping.com.sg

Source of This New

Tags: BHPDry Bulk ShippingEastern Pacific ShippingLNGWorld's First
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