MOL’s Phoenix Tankers orders LPG-powered ammonia carrier

Phoenix Tankers, a unit of Japan’s shipping giant MOL, has ordered one very large gas carrier which can transport both LPG and ammonia.

Japan’s Namura Shipbuilding will build the LPG-powered vessel at its Imari Shipyard, under a technical tie-up with compatriot Mitsubishi Shipbuilding, according to a MOL statement.

MOL did not reveal the price of the contract saying there is also an option for a second carrier.

The 87,000-cbm vessel will join Phoenix Tankers after 2023.

Moreover, the vessel will be 230 meters long and 36.6 wide, making it the world’s largest-scale ammonia carrier, MOL said.

Namura will build the vessel with “an eye toward conversion to ammonia fuel in the future because LPG and ammonia fuels have similar characteristics,” MOL said.

“Ammonia is drawing attention as a next-generation clean fuel that does not emit carbon dioxide when burned, and as “hydrogen carrier” that can be used to transport hydrogen,” it said.

The move is in line with MOL’s environmental vision as it looks to reach net-zero GHG emissions by 2050.

MOL has this week ordered four LNG-powered car carriers. The shipping firm aims to have in total 90 LNG-powered vessels in its fleet by 2030.

Most Popular

MAN will no longer offer ME-GA engine

Volkswagen’s MAN unveiled the ME-GA dual-fuel engine in March 2021, describing it as an Otto-cycle variant of the company’s...

Kumul awards pre-FEED contract to Wison for Papua New Guinea’s first FLNG

The two firms signed the contract on Friday. With an expected capacity of 1.5 mtpa, Papua New Guinea’s first FLNG...

Atlantic LNG shipping rates dip to $26,750 per day

Last week, Atlantic LNG shipping rates dropped below $50,000 per day. “Spark30S Atlantic rates dropped for a fourth consecutive week,...

More News Like This

Hudong-Zhonghua launches LNG carrier duo

Chinese shipbuilder Hudong-Zhonghua has launched two 174,000-cbm liquefied natural gas (LNG) carriers. According to a statement by Hudong-Zhonghua, the...

China’s Hudong-Zhonghua hits LNG carrier delivery record

China's Hudong-Zhonghua has delivered three large liquefied natural gas (LNG) carriers in September, setting a new record for the...

Hanwha Ocean to build FSRU for $413 million

Hanwha Ocean revealed the order on Wednesday, saying it would build the unit for an unidentified Asian owner. The delivery...

Japan’s MOL welcomes new LNG-powered PCTC

Japan’s shipping giant MOL continues to expand its fleet of dual-fuel vessels with the delivery of a new LNG...