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NEWS BULLETIN
TANKER SHIPPING
ETHANE ARRIVAL AT EPS
Eastern Pacific Shipping (EPS) has taken delivery of STL Yangtze, the first of six 98,000-m3 very large ethane carriers building against 15-year charters to Zhejiang Satellite Petrochemical. All six newbuildings feature dual-fuel propulsion capable of running on ethane. “The delivery of STL Yangtze is a major milestone for EPS as it represents our commitment to maritime’s energy transition with our holistic alternative marine fuels programme to achieve the industry’s decarbonisation goals,” EPS says. www.epshipping.com.sg STOLT TAKES THREE
Stolt Tankers has agreed to acquire three Japanese-built stainless steel chemical tankers. The 33,600-dwt units are expected to join its fleet in the third quarter this year. “This acquisition is an excellent opportunity for Stolt Tankers to secure competitively priced tonnage ahead of an expected cyclical upturn in the chemical tanker industry,” says Lucas Vos, president of Stolt Tankers. “The newly added ships will lower our fleet age profile and can trade in any of our deep-sea lanes, increasing flexibility across our fleet. In the end, Stolt Tankers’ customers are the real winners in this deal, as these ships will support our proven platform that provides a high quality, reliable service offering.” www.stolt-nielsen.com
hull designs and the most resource-efficient machinery. They will work in the Gothia Tanker Alliance under the technical management of MF Shipping Group. “The scope for the ‘R-Class’ series have been to build the most resource-efficient vessels available for the trade, with minimal environmental impact,” says Joakim Lund, CCO of Thun Tankers. “Thun’s long experience of building high performing quality vessels has been used in the design process. We have been combining this with a number of new features to further improve performance while reducing our climate footprint.” thuntankers.com
TWO MORE FOR THUN
Mitsubishi Shipbuilding and NYK Line have been granted Approval in Principle (AiP) by ClassNK for their large liquefied carbon dioxide carrier (LCO2) concept. While CO2 is often carried in small gas ships, scaling up – which will be needed to cope with future carbon capture projects – presents technical challenges in cargo containment design, which is sensitive to the temperature and pressure of
Thun Tankers has ordered another two 7,999-dwt product/chemical tankers, representing a further development of its recently built tonnage. The two vessels, to be built by regular partner Ferus Smit in the Netherlands and due for delivery in the first half of 2024, will feature adaptive propulsion systems to reduce fuel consumption, enhanced
HCB MONTHLY | JUNE 2022
BIGGER CARBON DIOXIDE CARRIER GETS THE NOD
CO2. The joint development project has been designed to overcome these issues and, the partners say, the resulting vessel design has been shown to comply with relevant regulations and standards. NYK Line believes that the establishment of CO2 transport technology by large vessels will greatly contribute to the realisation of a carbonneutral society. NYK is working together with the MHI Group, which possesses a wide range of technologies in the CCUS value chain, to achieve the early realisation of not only small and medium-sized vessels but also large LCO2 carriers. Based on the design of the LCO2 carrier granted the AiP, NYK Line will further promote its participation in the CCUS value chain, such as by studying the design of the LCO2 carrier for each project, including further enlargement of the size of vessels. www.nyk.com BW LPG SPENDS ON DUAL FUEL
BW LPG has reported first quarter timecharter equivalent income of $130.8m, down 13 per cent on the first quarter 2021, with EBITDA also down, by 17 per cent, at $93.2m. The decline against year-earlier levels was due
