NYK welcomes 2nd methanol-fueled tanker hired by Waterfront

January 27, 2022, by Naida Hakirevic Prevljak

Singapore-based NYK Bulkship (Asia), part of Japanese shipping company NYK Group, has taken delivery of Seymour Sun, a methanol-fueled chemical tanker.

The 50,000 dwt newbuild was delivered by South Korean shipbuilder Hyundai Mipo Dockyard (HMD) on 27 January 2022.

Flying the flag of Singapore, the 50,600 cbm Handy tanker features a length of 186 meters and a breadth of 32.2 meters.

Seymour Sun has been equipped with a dual-fuel engine that can use not only heavy fuel oil but also methanol.

Furthermore, when navigating using methanol as fuel, the vessel has a new technology that suppresses the production of NOx by adding water to methanol to lower its temperature during combustion. As a result, the vessel can comply with the IMO’s stringent Tier III NOx emission standard and contribute to environment-friendly transportation without the need for an exhaust gas recirculation (EGR) system and a selective catalytic reduction (SCR) device.

Under the management of NYK Shipmanagement, an NYK Group company, the vessel will be engaged in a long-term charter contract with Waterfront Shipping Limited, which is a subsidiary company of Methanex Corporation, the world’s largest methanol producer.

In December 2020, NYK Bulkship (Asia) signed a long-term agreement with Waterfront Shipping for two new methanol-powered chemical carriers.

Subsequent to the first such ship delivered in 2019, the new ships are the second and third methanol carriers under the management of NYKSM to be equipped with dual-fuel engines.