Japan’s Iino Kaiun Kaisha has contracted the country’s first dual-fuel methanol VLCC.
The company said the eco ship will be delivered from the domestic Nihon Shipyard in 2027, for charter to compatriot Idemitsu Tanker.
The VLCC is based on a design concept developed by a consortium comprising Iino, Idemitsu, the shipyard and giant Japanese owner NYK.