Asia/Pacific News
MOL New Vessel to Bunker LNG at Kansai for Australia Voyage
Japanese shipping firm Mitsui OSK Lines (MOL) has taken delivery of an LNG-fuelled capesize bulker, Verde Heraldo.
The 201,321-dwt vessel was named during a ceremony held at Imabari Shipbuilding's Saijo Shipyard, MOL said in a statement on Friday.
The Verde Heraldo is set to bunker LNG via shore-to-ship operations at Osaka Gas' Senboku Terminal in Japan's Kansai, before her maiden voyage to Australia.
Under a long-term contract, the Verde Heraldo will transport raw materials for JFE Steel's mills.
MOL plans to operate 90 LNG- and methanol-fuelled vessels by 2030. As of its 2023 financial results, the company operates approximately 37 LNG-fuelled vessels and one methanol-fuelled ship.
With a target of net-zero emissions by 2050, MOL intends to further expand its LNG-fuelled fleet as a transitional step before shifting to other alternative fuels.
