TOKYO-Mitsui O.S.K. Lines (MOL) has agreed to launch a five company joint project to study the feasibility of a liquefied natural gas (LNG)-fueled Capesize bulker.
What do you need to know?
– Companies participating are; BHP Billiton, DNV GL, Rio Tinto, Shanghai Merchant Ship Design and Research Institute (SDARI) and Woodside Energy.
– “Green Corridor” project aims to reduce vessels’ emissions of NOX and SOX in advance of tightening emissions standards,
– Project will examine the technological and economic feasibility of an LNG-fueled bulker.
– Letter of agreement signed in Singapore on January 20.
Fathom-News
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