AsiaOther Fuels

Borealis to charter dual-fuel LPG newbuild from IINO

By LNG Prime Staff
Borealis to charter dual-fuel LPG newbuild from IINO
For illustration only (image: Borealis)

Austrian chemical firm Borealis will charter a dual-fuel very large gas carrier from Japanese shipping firm IINO Kaiun Kaisha as it looks to slash emissions.

Sotuh Kore’s Daewoo Shipbuilding & Marine Engineering will build the vessels and deliver it in the first quarter of 2023.

The 91,000-cbm vessel is IINO’s second VLGC with a LPG dual-fuel engine.

In addition, the newbuild will feature DSME’s shaft generator motor system. The SGM enables the generation of electric-power from the LPG dual fuel-engine during navigation and contributes to lower fuel/lubricant oil consumption and lower emissions, the duo said in a statement.

This shipping solution will support Borealis future sourcing of feedstock for their propane dehydrogenation plant in Kallo, Belgium, currently under construction, the statement said.

Most Popular

LNG Terminals

PetroChina delivers first LNG cargo to Gate under long-term capacity deal

PetroChina International, a unit of state-owned PetroChina, has delivered its first LNG cargo to the Dutch Gate LNG import terminal in Rotterdam, owned by Gasunie and Vopak, under a long-term capacity deal.
Vessels

Spain’s Elcano sells steam LNG carrier

Spanish shipping firm Empresa Naviera Elcano has completed the sale of its 2003-built steam liquefied natural gas (LNG) carrier Castillo de Villalba.
LNG Terminals

LNG Alliance plans new LNG export project in Mexico

LNG Alliance, developer of the Amigo LNG project in Mexico, plans to build a second project in Mexico called Bravo LNG.

More News Like This

Vessels

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.
Vessels

Knutsen orders another LNG carrier at Hanwha Ocean

Norwegian owner Knutsen has ordered another liquefied natural gas (LNG) carrier from South Korea's Hanwha Ocean, according to shipbuilding sources.
Vessels

Knutsen orders LNG carrier at Hanwha Ocean

Norwegian owner Knutsen has ordered one liquefied natural gas (LNG) carrier from South Korea's Hanwha Ocean, according to shipbuilding sources.
Vessels

Maran Gas orders two LNG carriers at Hanwha Ocean

Greece’s Maran Gas, the gas shipping unit of Angelicoussis, has ordered two liquefied natural gas (LNG) carriers from South Korean shipbuilder Hanwha Ocean, according to shipbuilding sources.