K Line agrees time charter of LPG fuelled VLGC

K Line agrees time charter of LPG fuelled VLGC
A K Line vessel on the James River Bridge in Virginia. Image courtesy of K Line.

Kawasaki Kisen Kaisha (K Line) has reached an agreement with GYXIS Corporation to enter into a time charter contract for a new liquefied petroleum gas (LPG) fuelled very large gas carrier (VLGC) for LPG/ammonia transport.

The Kawasaki Heavy Industries built 86,700 cubic metre vessel will be equipped with LPG dual fuel system and reduce the emissions of CO2 by approximately 20 per cent, SOx by 90 to 100 per cent, and NOx by 10 to 15 per cent with LPG fuel mode in comparison with existing VLGCs.

The vessel will be designed to maximise the fuel efficiency and perform more 30 per cent of CO2 emission reduction in the Energy Efficiency Design Index (EEDI) which fully meets the reduction target of the International Maritime Organization (IMO).

The vessel will be delivered from the Sakaide factory in 2023.

The newly ordered vessel is also designed to transport ammonia which draws attention as a zero-emission fuel, and as one of the methods to transport hydrogen.