VANCOUVER, CANADA: Waterfront Shipping Company Ltd (WFS), Marinvest/Skagerack Invest (Marinvest), IINO Kaiun Kaisha Ltd (IINO), Mitsui & Co Ltd (Mitsui), and NYK Group (NYK) announced their investment to build four new ocean-going vessels powered by clean-burning methanol fuel.
These four 49,000 dead weight tonne vessels will be delivered in 2019 and built with MAN B&W ME-LGI 2-stroke dual-fuel engines that can run on methanol, fuel oil, marine diesel oil or gas oil.
The vessels will join the existing seven methanol-fueled vessels chartered by WFS. In 2016, WFS, Marinvest, Mitsui OSK Lines Ltd and Westfal-Larsen Management announced the delivery of these seven fuel-efficient ocean-going vessels to the sea. These innovative vessels are built with the first-of-its kind MAN B&W ME-LGI 2-stroke dual fuel engines and have achieved accolades from the marine industry for their use of clean-burning methanol as an alternative fuel.
As a safe, biodegradable and clean-burning fuel, methanol is a promising alternative marine fuel that can meet new and existing environmental regulations from the International Maritime Organization (IMO) that require vessels to decrease emissions of sulphur oxide and nitrogen oxides. By using methanol rather than conventional marine fuel, the vessels produce significantly fewer emissions than conventional vessels.
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