LNG

Mitsubishi Shipbuilding Co. has signed a contract to construct the first liquefied natural gas bunkering vessel to serve a growing base of LNG maritime fuel customers in Western Japan.

Mitsubishi Shipbuilding, a subsidiary of Mitsubishi Heavy Industries, signed the newbuild contract with Keys Bunkering West Japan Co. comprising a group of leading shipping and utility companies.

The new Japanese bunkering vessel with 3,500 cubic metres of LNG capacity will be built at MHI’s Shimonoseki Shipyard in Yamaguchi Prefecture with completion and handover scheduled for March 2024.

“The use of LNG propulsion for ships is attracting attention as a solution for compliance with regulations aimed at reducing greenhouse gas emissions,” said Mitsubishi Shipbuilding.

“The planned LNG bunkering vessel will have an electric main engine, and be equipped with a dual-fuel engine capable of using both LNG and heavy oil as fuel,” added the company.

Investors

Keys Bunkering West Japan is a joint venture company established in February 2022 to supply LNG fuel for ships in the Kyushu and Setouchi regions of the country.

The parties in the venture include Kyushu Electric Power Co, Shipping company Nippon Yusen Kabushiki Kaisha (NYK Line), a unit of trading house Itochu and Saibu Gas Co., a gas utility based in Fukuoka in Northern Kyushu.

“Mitsubishi Shipbuilding, as part of MHI Group’s strategic initiatives for the energy transition, will make use of the gas-handling technologies and experience it has accumulated from building LNG carriers,” added the statement from the Yokohama-based company.

“Through this business project involving low environmental-impact LNG fuel, Mitsubishi Shipbuilding, as a maritime system integrator, aims to further the decarbonization of the marine industry,” it stated.

The Mitsubishi newbuild when operating in gas mode will provide “exceptional environmental performance” with considerably reduced emissions such as carbon dioxide, nitrogen oxide an sulfur oxide.

The company said the bunkering ship of 4,850 gross tonnage will be 82.4 metres in length with a beam of 18.2 metres and a 4.8 metres draft.

April 20 (LNGJ) - Toyo Engineering Corp., the Japanese energy engineering company specializing in LNG terminals and involved in India’s LNG network build-out, has acquired Japan Infra Waymark Co. (JIW), which provides Artificial Intelligent-based drone infrastructure inspections.

   “Toyo will provide advanced inspection services using JIW technology,” said the company. It will initially work with Japanese energy suppliers on domestic inspections, including Osaka Gas, Saibu Gas Co, TEPCO Power Grid Inc., Hokuriku Electric Power Co. and NTT DATA Corp.

Sept 5 (LNGJ) - Japanese utility Saibu Gas Co., operator of the Hibiki terminal with Kyushu Electric, and a second facility in Nagasaki, has signed a heads of agreement on supplies with Novatek of Russia. “The creation of our joint venture with Saibu Gas allows us to increase the marketing flexibility of natural gas supplies and create additional opportunities for LNG sales in this important gas consuming region,” said Novatek.

   Saibu and Novatek said they planned to establish a joint venture focused on marketing LNG and natural gas to end-users and to develop bunkering activities as well as constructing and operating a new LNG storage tank at the Hibiki terminal where there are currently just two tanks.