An LNG-fueled capesize bulk service, ordered by NYK and to be deployed to move iron ore and coal from Australia to Japan beneath a long-term consecutive voyage constitution contract with JFE Steel Corporation (JFE), has been delivered.
The naming ceremony for the vessel was held on January 30, 2024, at Japan Marine United Corporation’s Tsu Shipyard in Mie Prefecture.
The vessel is the primary capesize LNG-fueled bulk service to be constructed at a shipyard in Japan, in line with an NYK analysis.
The vessel was named ‘SG Ocean’ to replicate the ‘SG’ of NYK’s ‘Sail GREEN’ model, which emphasizes decreasing GHG emissions by way of the transport of products and contributing to the eco-friendly provide chains of shoppers, and the picture of a vessel crusing majestically within the open ocean whereas defending the setting.
NYK is increasing its fleet of LNG-fueled vessels to satisfy the NYK Group’s objective of decreasing GHG emissions by 45% from fiscal 2021 ranges by fiscal 2030 whereas taking over the problem of decarbonizing a complete provide chain.
By using LNG-fuel, the vessel will emit roughly no sulfur oxides (SOx), 75% much less nitrogen oxide (NOx), and 25% much less carbon dioxide (CO2) in comparison with present typical heavy-oil-fueled vessels.
Additionally, the vessel shall be compliant with the IMO’s NOx emission rules (Tier III). It makes use of the most recent 7X62DF-2.1 iCER dual-fuel slow-speed diesel engine by WinGD, which is alleged to halve methane emissions when utilizing LNG gas.
