Image of the ammonia-fuel-ready LNG-fueled very large crude oil tanker concept. Credit: NYK Line.

Along with its partners MTI and Elomatic, Nippon Yusen Kabushiki Kaisha (NYK) Line has concluded the concept design phase of a new capesize bulk carrier and a very large crude oil tanker (VLCC).

This design is part of Phase 1.5 of a project that is focused on the development of a liquefied natural gas (LNG)-fuelled vessel that can be transformed into an ammonia-fuelled vessel or an ammonia-fuel-ready LNG-fueled vessel (ARLFV).

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Under the Phase 1.5 concept design, the three entities worked together to address various issues, as well as studied the fuel-tank layout and other specifications of the ship to present a concept design with features that are viable, functional and safe.

The ARLFV vessels are anticipated to have a conversion-cost reduction of 12% for the capsize bulk carrier and 25% for the VLCC, when compared to conventional LNG-fuelled vessels.

The partnership will now advance with the actual design of an ARLFV, working with shipyards and marine equipment manufacturers based on the concept design.

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Ship specifications for the vessel building, including overall length and width, load capacity, voyage distance and ship speed, are all covered under the concept design.

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Last September, the trio announced the project to develop an ARLFV as a ‘next bridge solution’ to develop zero-emission vessels.

In March, the companies concluded the concept designs of a pure car carrier and a post-panamax bulk carrier as part of phase one of the project.

Separately, NYK Group company NYK Bulk & Project Carriers (NBP) entered a memorandum of understanding (MoU) with Chilean state-owned company Corporación Nacional del Cobre de Chile (CODELCO) for a joint study of decarbonised transportation of copper products.

The partnership will assess and develop next-generation fuel technologies as well as study the use of decarbonised vessels for the oceangoing transport of copper products.