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Methanol-fuelled bulk carrier receives approval

Published by , Editorial Assistant
Dry Bulk,

ABS has issued an approval in principle (AIP) to Lemissoler Navigation for its design of a 65 000 DWT methanol-fuelled ultramax bulk carrier, the first such methanol vessel for China’s shipbuilding industry.

The Lem65ePlus-SDARI methanol design, a joint development of Lemissoler and SDARI explored the feasibility of using methanol as fuel to reduce carbon emissions to reach the IMO’s net-zero target by 2050. With the implementation of EU ETS and FuelEU regulations the vessel, when burning green methanol, will have a high potential to reduce carbon emission related costs. The vessel has been thoroughly optimised and its preliminary Energy Efficiency Design Index (EEDI) was reviewed and indicated that it exceeded well within EEDI Phase Three standards. ABS completed design reviews based on class and statutory requirements.

“Methanol is a promising fuel source to reduce shipping emissions, and this new design from Lemissoler is an exciting opportunity for China shipbuilding to show leadership once again in the decarbonisation of our industry. ABS is proud to support these innovative projects, sharing our industry-leading guidance to assist owners and shipyards with services and solutions regarding alternative fuels,” said Vassilios Kroustallis, ABS Senior Vice President, Global Business Development.

”We at Lemissoler are once again pioneering new technological and innovative designs for our Dry Bulk fleet. The collaboration with SDARI and ABS is proof of how much can be achieved collectively. This new evolution design is another step toward Lemissoler’s target to become net zero by 2045,” said Philippos Philis, Chairman and CEO of Lemissoler Navigation.

“As the designer of this innovative methanol-fuelled vessel, SDARI is always committed to tailor-made [solutions] and delivers practical solutions to customers’ demands, offering an optimised design to satisfy future maritime rules and regulations,” said Zhou Zhi-yong, Vice President of SDARI.

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Decarbonisation news Asian dry bulk news Dry bulk technology news