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BHP securing LNG bunker supply contracts for its LNG dual fuel dry bulk vessels

22 Sep 2020

BHP Group is negotiating with three companies to supply liquefied natural gas (LNG) as bunker fuel for five of the company’s vessels that it intends to transport iron ore between western Australia and China, reported Reuters.

Eight to ten firms participated in the tender to supply LNG to BHP from 2022 to 2027, and a firm contract is forecasted to be awarded next month.  

This comes following Singapore-based ship management company Eastern Pacific Shipping (EPS) being awarded a contract to manage the world’s first LNG Dual Fuel Newcastlemax bulk carrier owned by BHP.

The vessels will be able to carry about 10 million tonnes per year (tpy) of iron ore and are scheduled to be delivered throughout 2022.

Related: Eastern Pacific Shipping inks deal with BHP for world’s first LNG dual fuel dry bulk vessels

Photo credit: BHP 

Published: 20 September, 2020

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