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.

- Advertisements -

Most Popular

BP, PetroChina book capacity at Dutch Gate LNG terminal

BP and a unit of PetroChina have agreed to book long-term capacity at the Dutch Gate LNG import terminal,...

TotalEnergies releases Mozambique LNG report

French energy giant TotalEnergies on Tuesday released a report regarding the humanitarian situation in the province of Cabo Delgado,...

LNG carrier Golar Gandria sold for demolition

Floating LNG player Golar LNG has sold its 1977-built LNG carrier, Golar Gandria, for demolition, according to brokers. The 125,000-cbm...

More News Like This

K Line seals LNG carrier charter deal with Mitsubishi’s Diamond Gas

Japan's shipping giant K Line has signed a long-term deal to charter a newbuild LNG carrier to Mitsubishi Corporation's...

Matson continues to invest in LNG fuel

US shipping firm Matson continues to invest in liquefied natural gas as fuel and will convert another containership to...

Shell teams up with Victrol and Sogestran for another LNG bunkering barge

LNG giant Shell has joined forces with a joint venture consisting of Belgium’s Victrol and French Sogestran to build...

K Line charters two LNG-powered LCO2 carriers from Northern Lights JV

Japan’s shipping giant K Line has entered into long-term charter contracts with Norway’s Northern Lights, a joint venture owned...