J. Lauritzen finalises newbuilding order for methanol dual-fuel bulkers
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Danish investment firm J. Lauritzen on Tuesday (16 November) said it has signed the final contracts for three methanol dual-fuel Kamsarmax bulk carriers, which will be built by Tsuneishi Shipbuilding Co., Ltd., Japan.
The firm said the vessels will be among the very first zero emission capable bulk carriers in the world.
“They will be fully owned by Lauritzen NexGen Shipping, which J. Lauritzen and Lauritzen Bulkers A/S will use as a platform for further investments in zero carbon emission and future-proof assets for the shipping industry,” it said in a social media post.
The vessels are ordered in cooperation with Cargill, who will be operating the vessels for a minimum period of seven years.
Manifold Times previously reported J. Lauritzen signed a letter of intent for construction of minimum two methanol dual-fuel 81,200 dwt Kamsarmax bulk carriers, which will be built by Tsuneishi Shipbuilding.
The vessels will be capable of trading with zero carbon emissions when powered by green methanol, and biodiesel.
Related: J. Lauritzen orders two methanol dual-fuel Kamsarmax bulk carriers
Photo credit: J. Lauritzen
Published: 21 November, 2023
