• 2017 June 1 18:06

    “Green Corridor” LNG bulker JIP releases new LNG-fuelled Newcastlemax design

    The project partners of the "Green Corridor" Joint Industry Project (JIP) came together for a meeting at the DNV GL Group headquarters in Høvik this week. They also presented the results from stage one of the JIP at the Nor-Shipping trade fair today.

    At the Nor-Shipping trade fair in Oslo today, project partners BHP, Fortescue, Mitsui O.S.K. Lines (MOL), Rio Tinto, SDARI, U-Ming, Woodside, and DNV GL presented the results from stage one of their “Green Corridor” joint industry project (JIP). The JIP has demonstrated the commercial potential and technical feasibility of LNG-fuelled bulkers in a “green corridor” iron ore and coal trade between Australia and China. The result is an LNG-fuelled Newcastlemax design which is in the process of receiving Approval in Principle (AiP) from DNV GL.

    The idea of developing LNG-fuelling infrastructure for the vessels operating on the Australia–China iron ore and coal trade route has been contemplated by major charterers, ship owners and operators for many years. As LNG production has climbed, especially in Australia, and in recognition of the upcoming IMO restrictions on sulphur emissions, the option of LNG as a single-system solution for emissions compliance has become ever more attractive.

    Chinese ship designer SDARI developed the design of the 210,000 dwt Newcastlemax bulk carrier based on their highly energy efficient Green Dolphin design. Dual fuel engines were quickly decided upon by the JIP partners, as this is a mature technology with multiple suppliers offering solutions, and the dual fuel design providing operational redundancy.

    Based on fuel consumption analyses an LNG fuel tank size of approximately 6000 m3 was found to be optimal, with bunkering in Australia for the round-trip. Several locations for the LNG fuel tank were considered, and finally the optimal solution was found – with the two LNG fuel tanks placed directly above the engine room and submerged a few metres below the main deck. This innovative design offers protection for the fuel tanks, enhances fire protection, and does not reduce the cargo carrying capacity, even for volumetric cargoes such as coal.

    The new, innovative Newcastlemax design developed in the "Green Corridor" JIP offers unique solutions for cost efficient, safe and flexible operations. By gathering key stakeholders representing the wider value chain of iron ore and coal transportation, a more robust, commercially viable and safe LNG-fuelled bulk carrier design has been developed, to a stage where it is ready to serve as the outline specification for newbuilding orders in 2017.

    About BHP
    BHP is a leading global resources company. The company is among the world's largest producers of major commodities, including iron ore, metallurgical coal, copper and uranium, and has substantial interests in conventional and unconventional oil and gas and energy coal.

    About Fortescue
    Fortescue Metals Group is a global leader in the iron ore industry, recognised for its culture, innovation and industry-leading development of world class infrastructure and mining assets in the Pilbara, Western Australia. Since it was founded in 2003, Fortescue has discovered and developed major iron ore deposits and constructed some of the most significant mines in the world. Now producing 165–170 million tonnes of iron ore per annum, the company has grown to be one of the largest global iron ore producers and is focussed on its vision of being the safest, lowest cost, most profitable iron ore producer.

    About Mitsui O.S.K. Lines, Ltd. (MOL)
    Mitsui O.S.K. Lines, Ltd. (MOL), founded in 1884, is one of the world's leading shipping companies headquartered in Tokyo, Japan. The company operates more than 800 of various types of vessels, including tankers, dry bulkers such as iron ore carriers, coal carriers and woodchip carriers, liquefied natural gas (LNG) carriers, car carriers and containerships. MOL and its group companies also provide business other than international shipping, such as terminal and logistics services, cruise ships, ferries, coastal liners and others.

    About Rio Tinto
    Rio Tinto is a leading global mining and metals group that focuses on finding, mining, processing and marketing the Earth’s mineral resources. We have been in business for more than 140 years and remain focused on a long-term horizon. Our approach is driven by an enduring and proven strategy. It sees us invest in and operate long-life, low-cost, expandable operations in the most attractive industry sectors. Our world-class assets are run by a company of world-class people: a 55,000-strong workforce spanning more than 40 countries. We foster a culture where our people keep their safety, and that of their workmates, at the top of their minds; where every person understands how they can create and preserve value for the business; and where diversity and innovation are embraced. We produce a diverse suite of minerals and metals that enable the world to grow and develop. Our contribution to sustainable development is integral to how we do business. It is a fundamental consideration in how we manage the business, seeking long-term mutually beneficial outcomes for our business and our stakeholders. Our approach is underpinned by our values of respect, integrity, teamwork and accountability. Combined with the strength provided by our people and our assets, they help form the foundations of our long-term success.

    About SDARI
    SDARI is a ship design consultant under China State Shipbuilding Corporation (CSSC) with more than 600 employees. SDARI is the market leader in merchant ship design and development in China and has accumulated more than 1,000 as-built designs in the past five decades.

    About U-Ming
    U-Ming Marine Transport Corporation (U-Ming), formerly named as Yue Ming Transportation Co., was established in 1984 to provide marine transportation of cement, dry commodities and industrial raw materials, specializing in the trading of vessels and providing agency services. The company’s philosophy is firmly established from the foundation of Far Eastern Group’s motto “Sincerity, Diligence, Thrift, Prudence and Innovation”. With this motto, we are committed to attaining a higher value of the company and thus set our minds on “value-adding” to our customers, employees and shareholders as our corporate philosophy.

    About Woodside
    We are Australia’s most experienced liquefied natural gas operator, with a reputation for reliability, efficiency and operational excellence. Our producing assets in Australia include the landmark North West Shelf Project, which has been operating since 1984. In 2012, we commenced production from the Pluto LNG Plant and expect to add additional volumes from our non-operated Wheatstone LNG interests in mid-2017. We have significant equity interests in high-quality development opportunities in Australia, Canada, Senegal and Myanmar and operate a fleet of floating production storage and offloading vessels. Our global exploration portfolio includes emerging and frontier provinces in Australia and the Asia-Pacific region, the Atlantic Margins, Sub-Saharan Africa and Latin America. We continue to expand our capabilities in marketing, trading and shipping and have enduring relationships that span more than 25 years with foundation customers throughout the Asia-Pacific.


2019 January 23

10:55 Maritime Security & Offshore Patrol Week 2019 to be held for the first time ever in Dubai, UAE by IQPC Middle East
10:37 N-KOM welcomes first FSRU at the Erhama Bin Jaber Al Jalahma Shipyard
10:20 Responsibilities for implementation of state programmes of the Russian Federation divided between Deputy Prime Ministers
10:06 Brent Crude futures price up 0.03% to $61.52, Light Sweet Crude – up 0.02% to $53.03
09:48 Aderco: Planning for 2020 has already started
09:43 Vympel Shipyard lays down yet another hydrographic vessel / buoy tender of Project 19910 for RF Navy
09:19 Baltic Dry Index is down to 1,036 points

2019 January 22

18:25 Elengy prepares the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021-2030
18:05 Monjasa steps up as the 2nd largest local bunker supplier in the Panama Canal in 2018
17:54 Relampago practices skills with UAE Navy ship
17:35 CalMac takes over the tiller at Argyll Ferries
17:05 NYK gets the highest-rated ‘A’ for Climate Change by CDP Survey
16:42 RF Government proposed candidates to Novorossiysk Commercial Sea Port's BoD
16:23 Pilbara Ports Authority achieves a new record tonnage on a single tide at the Port of Port Hedland
15:56 Port of Rotterdam Authority and Rotterdam Port Promotion Council renew collaboration
15:46 ICTSI Subic hits milestone 200,000th TEU move
15:44 Growth seen in several sectors at ABP South Wales
15:28 KONTUR SPb ERT unit’s drills get thumbs up from Rosmorrechflot’s certification commission
15:22 First ship viaVerbrugge Terminals’ new permanent shipping line with South America docks in North Sea Port
15:00 Meyer Turku delivers New Mein Schiff 2 to TUI Cruises in Kiel
14:41 Jotun looks into expansion of ship coatings production in Russia
14:32 HHLA completes expansion of the container rail terminal Burchardkai
14:19 Bunker prices are flat at the Far East ports of Russia (graph)
14:02 North Queensland Bulk Ports Corporation opens the Port of Mackay for new bulk material trades
13:32 China Navigation to acquire the bulk shipping activities of Hamburg Süd
13:22 14 crewmembers of gas carriers which caught fire in the Kerch Strait confirmed dead, five missing
13:15 Fincantieri to build LCS 31 for US Navy
12:53 Gdynia, Poland to host Transport Week 2019 on March 5-7
12:31 MOL moves to establish 'Asahi MOL Tankers' for pool operation of MR Product Tankers
12:14 DFDS expands cooperation with Turkish Ekol Logistics
11:45 ABP invests £2.2 million in new agribulk terminal at Port of Ayr
11:17 BIMCO: only international action will stop increase in piracy
10:52 4 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 21-22
10:30 Severnaya Verf will build four more trawlers for Norebo
10:16 Ocean Alliance Day 3 З Product : CMA CGM ready for third phase starting in April 2019
09:38 Brent Crude futures price down 0.97% to $62.12, Light Sweet Crude – down 0.8% to $53.61
09:19 Baltic Dry Index is down to 1,092 points

2019 January 21

21:25 Nine dead in two ships fire accident in the Kerch Strait
18:15 Port of Oakland hails shipping lines, terminal for clean air work
17:36 Evac acquires of UK service company Transvac
17:06 High Speed Transfers signs contract for third Damen FCS 2710 fast crew supplier
16:35 DFDS starts trials of Jinling Shipyard’s newbuild
16:05 Prototype most powerful wind turbine in the world Haliade-X 12 MW installed at Maasvlakte this summer
15:36 Incentive Scheme Climate-Friendly Shipping launched today
15:29 Yang Ming provides new China-Malaysia direct service
14:55 Szczecin-Świnoujście Port Complex handled over 28.6 million tonnes of cargo in 2018, up 12.5% Y-o-Y
14:33 Incat to build a new ship for the Government of Trinidad and Tobago
14:03 CMA CGM joins to the world’s largest operational agreement extention
13:27 Algoma receives full refund for shipbuilding contracts with Uljanik and 3Maj Shipyard
13:13 ESL Shipping strengthens its Chartering team
12:46 Leonid Mashaev appointed as Acting General Director of “State Customer’s Directorate for Seaborne Transport Development Programmes”
12:18 Average wholesale prices for М-100 HFO up to RUB 14,769 in RF spot market
11:49 Dublin Port’s сargo volumes up by 4.3% in 2018
11:22 FESCO and ZIH launching a container train from Germany to China through the Far East
10:55 14 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 20-21
10:27 TransContainer announced its preliminary operating results for the fourth quarter and the full year of 2018
10:04 Brent Crude futures price up 0.41% to $62.94, Light Sweet Crude – up 0.43% to $54.28
09:40 Throughput of port Kaliningrad in 2018 grew by 2% Y-o-Y to 14.05 million tonnes
09:19 Baltic Dry Index is up to 1,112 points

2019 January 20

16:08 Subsea 7 acquires multi-purpose offshore construction and dive support vessel