Approval in Principle awarded to NACKS for methanol-fuelled carrier

The design, which was unveiled with the announcement of a joint development project in 2023, features methanol propulsion and rotor sail capability, allowing the vessel to excel in energy efficiency and environmental performance at a time when long-term environmental, social and governance (ESG) strategies are paramount for owners and operators.

As part of the joint development project (JDP), one of the largest dry bulk operators Cargill, had given input on the user needs and requirements of the vessel design, along with shipowner Minerva Dry who contributed with its operational experience as part of the project.

The JDP was established in 2022, with LR acting as the sole classification society for the design of this unique vessel.

Nikos Kakalis, Global Bulk Carriers Segment Director, Lloyd’s Register said: “LR is pleased to have awarded Approval in Principle to NACKS shipyard for their methanol fuelled kamsarmax design. The AiP represents a significant landmark for energy efficient and alternative fuel ship design.

“It is crucial that the maritime value chain continues to collaborate to provide commercially viable bulk carriers, in order to meet the sector’s demands, whilst prioritising vessel designs that comply with increasingly complex environmental regulations.”

Mingfeng Lu, Technical Director, NACKS said: “In collaboration with LR, Cargill and Minerva, NACKS has successfully accomplished the development of the methanol dual-fuel kamsarmax and the application study of rotor sails, which is certified by Approval In Principle from LR. The AIP marks another significant progress in NACKS' strategy of promoting clean energy ship design and the utilisation of new energy-saving technologies. Meanwhile, NACKS is fully prepared for receiving orders for this self-developed and advantageous new energy-efficient ship design.

“NACKS will continue to be committed to research on clean energy vessels and application of green technology, to provide a wide variety of green energy products and innovative solutions for our clients who have the common values and goals."

Read the article online at: https://www.drybulkmagazine.com/environment-sustainability/14122023/approval-in-principle-awarded-to-nacks-for-methanol-fuelled-carrier/