• 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.


2018 November 14

18:37 Savannah achieves all-time record in October 2018
18:20 Sovcomflot concludes USD 149 million project credit facility with leading European banks
18:06 NYK and YLK jointly hold training program for staff from around the world
17:57 Organizers of “Dangerous cargoes: new transportation requirements” conference determined subjects to be discussed
17:36 Northwest Seaport Alliance adopts budget for 2019
17:07 DEME’s cutter suction dredger ‘Spartacus’ launched at the Royal IHC shipyard
17:06 Port of Rotterdam Authority wins 2018 ESPO Award
16:40 NIBULON’s fleet masters transportation of bulky cargo
16:38 Diana Shipping announces time charter contract for m/v Maia with Glencore
16:18 A.P. Moller - Maersk reports Q3 2018 results
15:48 1.348 million cbm to be dredged in Azov-Don River Basin this year
15:20 Stolt-Nielsen, Golar LNG and Höegh LNG announce joint $182 mln investment in Avenir LNG
14:56 World's most eco-friendly bulk carriers Viikki & Haaga operate in Baltic Sea
14:20 CHI Zhoushan is ready for LNG carrier repairs
13:37 DeloPorts published its operating results for Q3'2018
13:29 Damen Shiprepair Curaçao floating dock operational
13:15 Global Ship Lease announces new charter at increased rate
12:59 LUKOIL drilled second well in Eastern part of Yury Korchagin field
12:33 USC: aircraft carrier Admiral Kuznetsov to be out of repair on time
12:01 NYK introduces its initiatives of green bond
11:55 Clean water projects receive $3 mln from Long Beach Board of Harbor Commissioners
11:28 Navigation on Neva arms in Saint-Petersburg to close on November 15
10:45 IMO holds training for OSR officials in Myanmar
10:21 Brent Crude futures price down 0.29% to $65.28, Light Sweet Crude – down 0.45% to $55.44
10:02 GTT notified by Hyundai Heavy Industries for the tank design of a new LNG Carrier
09:59 STX receives AiP from LR for LNG-fuelled 50k dwt MR tanker
09:40 Bunker prices at the Port of Saint-Petersburg, Russia returned to September level (graph)
09:17 Baltic Dry Index is down to 1,064 points

2018 November 13

18:06 Navios Containers seeks to list on a U.S. stock exchange
17:53 BIMCO adopts 2020 bunker clauses
17:34 CMA CGM to revamp its CIMEX 2K2 service
17:11 Nevsky Shipyard takes part in «Transport of Russia» exhibition
16:56 NOVATEK shipped first LNG cargo to CNOOC
16:34 KOTUG and Petroconsult join forces to establish KOTUG PETRO Maritime (KPM)
16:20 Training on oil spill preparedness and response held for countries in eastern Africa
16:04 Diana Shipping announces the sale of a Panamax dry bulk vessel
15:55 Throughput of port Kavkaz in 10M’18 grew by 19% Y-o-Y to 42.6 million tonnes
15:34 Royal IHC wins KNVTS Ship of the Year for SCHELDT RIVER
15:03 Damco launches a dedicated warehouse for Barry Callebaut and inaugurates a new facility in the heart of Poland
14:41 MAN Cryo to design and deliver LNG regasification terminal
14:25 LUKOIL reports preliminary operating data for Q3 and 9M’2018
14:03 COSCO Shipping Heavy Industry and GTT sign agreement for LNG carrier repairs
13:42 Alfa Laval wins two orders to supply Framo pumping systems to oil platforms in the North Sea
13:13 HH Ferries Group officially inaugurates two battery-powered passenger ferries
12:48 BIMCO launches survey to highlight biofouling management
12:24 HHLA container throughput up by 1.0 percent in the first nine months of 2018
12:07 Torqeedo reveals new products for electric mobility on the water
11:51 Bunker prices are still high in the Far East ports of Russia (graph)
11:22 Throughput of port Riga (Latvia) in 10M’18 climbed by 6.5% Y-o-Y to 29.9 million tonnes
10:53 RF Navy's training ship Perekop returns from distant cruise
10:29 Brent Crude futures price down 1.04% to $69.39, Light Sweet Crude – down 1.33% to $59.13
10:10 ABP invests £1 million in Port of Lowestoft as part of energy hub vision
09:44 National maritime transport policy training held for Mexican officials
09:16 Baltic Dry Index is down to 1,125 points
09:07 Valencia Containerised Freight Index rises 2.57% and stands at 1,105.61 points
08:07 ERMA FIRST obtains USCG type approval for ballast water treatment system using FILTREX filters
07:18 Long Beach cargo volumes up 5.4 percent in October 2018

2018 November 12

18:01 Major ASW ship Severomorsk of RF Navy's Northern Fleet participates in Russian-Japanese exericse in the Gulf of Aden
17:42 Maritime Administration of Ukraine announced selection of 13 seaport captains
17:04 Maersk Line announces FAK rates from Northern Europe to Middle East and ISC