Methanol Building Favour In Bulker Sector

Lauritzen Tsuneishi methanol DF bulker

Source: Tsuneishi Shipbuilding

Copenhagen-based J.Lauritzen is the latest owner to endorse methanol fuel by way of the propulsion machinery specified for a pair of Kamsarmax bulk carriers ordered in Japan.

The contract award to Tsuneishi Shipbuilding entails two 81,200dwt vessels that will be deployed by Cargill Ocean Transportation for a minimum period of seven years. Through the dual-fuel engines to be adopted, the bulkers will be capable of trading without producing carbon emissions when running on ‘green’ methanol or potentially bio-diesel.

Due for handover from the second half of 2026 onwards, the gearless tonnage will be wholly-owned by a newly-established entity named Lauritzen NextGen Shipping, which J.Lauritzen and Lauritzen Bulkers will use as a platform for further investments in zero-carbon emission and future-proof assets.

Continue this article…

Already subscribed? SIGN IN now


Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!