NYK Takes Delivery of First Methanol Dual-Fuel Bulker

On May 13, Japan marked a significant milestone in maritime innovation with the delivery of the first methanol-fueled bulk carrier, named Green Future. Owned by Kambara Kisen and chartered to NYK Bulk & Projects Carriers, this vessel represents a pivotal shift towards greener shipping practices. Built by Tsuneishi Shipbuilding, the Green Future combines advanced design with eco-friendly technology, setting a new standard in the bulk carrier segment.

Innovative Design and Environmental Benefits

The Green Future is based on Tsuneishi’s successful Aeroline Ultramax dry bulk carrier design, which has been modified to accommodate a large methanol fuel tank without compromising cargo capacity. This adaptation is crucial, as methanol has a lower power density, necessitating larger fuel storage. The vessel also features traditional fuel tanks, allowing it to operate as a dual-fuel carrier.

Mitsubishi Shipbuilding to Deliver Methanol-Powered Vessels for Japan’s Shipping

With a deadweight tonnage of approximately 65,700 dwt, the Green Future maintains standard Ultramax dimensions, measuring 656 feet (199 meters) in length and featuring a Panamax beam. This adherence to industry standards ensures maximum operational versatility. The use of methanol as fuel significantly reduces harmful emissions, with potential cuts of up to 80% in nitrogen oxides (NOx), 99% in sulfur oxides (SOx), and 10% in carbon dioxide (CO2) compared to conventional heavy fuel oil. Furthermore, the vessel is designed to utilize green methanol—either bio-methanol or e-methanol—once it becomes commercially available.

A New Era for Bulk Shipping

Launched on November 22, 2024, at the Fukuyama shipyard, the Green Future is registered in Liberia and stands as the first vessel in the bulk carrier market to adopt methanol technology, which has primarily been used in containerships and product tankers. According to DNV’s Alternative Fuels Insight Platform, there are currently 53 methanol-dual fuel bulkers on order, part of a broader total of 369 methanol-fueled vessels expected to be delivered by 2030. This trend indicates a growing commitment within the shipping industry to embrace alternative fuels and reduce environmental impact.