K Line takes delivery of LNG-powered car carrier

Japanese shipping giant K Line has taken delivery of its new LNG-powered car carrier from Tadotsu yard, part of Imabari Shipbuilding Group.

The 200 meters long dual-fuel vessel named Century Highway Green is equipped with MAN B&W ME-GI engines.

Furthermore, the ship also features a C type 2,439 cbm LNG tank supplied by TGE Marine Gas Engineering, a unit of Mitsui E&S Group. It also has Nokia’s digital technologies.

It marks the first LNG-powered car carrier to join K Line’s fleet. To remind, Tadotsu launched the vessel in August last year.

K Line said it opted for LNG as fuel to respond to stricter international fuel rules but also to slash shipping emissions.

The firm said it arranged an operating lease for the LNG-fueled car carrier through a “climate transition loan” with Mizuho Bank and Sumitomo Mitsui Trust Bank.

K Line claims this 5.9 billion yen ($54 million) loan marks the first “climate transition finance” in Japan.

Most Popular

ExxonMobil pens HoA to supply South African LNG terminal

Zululand Energy Terminal announced on Wednesday that it has signed the initial agreement with ExxonMobil South Africa LNG, an...

Hanwha Ocean inks MoU with Kanata for Canadian FLNG project

South Korea's Hanwha Ocean has entered into a non-binding memorandum of understanding with Canada's Kanata Clean Power & Climate Technologies to cooperate on a 12 mtpa floating liquefied natural gas export project planned for Prince Rupert, British Columbia. The project is expected to cost $15.7 billion.

UK sanctions four LNG carriers

The UK government has imposed sanctions on four more liquefied natural gas carriers linked to Russian LNG exports.

More News Like This

K Line orders LNG-powered car carriers in China

Japan's shipping giant K Line has ordered four LNG dual-fuel car carriers from China Merchants Jinling Shipyard (Nanjing) for its European short-sea shipping operations.

MISC, K Line charter another LNG-powered LCO2 carrier to Northern Lights

Malaysia's MISC and Japan's K Line have secured a second long-term time charter deal from Norway’s Northern Lights, a joint venture consisting of Equinor, Shell, and TotalEnergies, for an additional newbuild LNG-powered liquefied CO2 vessel.

U-Ming, K Line name LNG carrier in South Korea

Taiwan’s shipowner U-Ming Marine Transport has named the first liquefied natural gas (LNG) carrier in its fleet as part of a joint venture with Japan's shipping giant K Line.

ONE books more LNG-powered containerships in South Korea

Ocean Network Express (ONE), a joint venture of Japan's NYK, MOL, and K Line, has ordered six LNG dual-fuel container vessels from South Korea's HD Hyundai Heavy Industries, according to shipbuilding sources and brokers.