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July 20, 2021updated 17 Nov 2021 4:09am

Orix makes first order for TESS66 AEROLINE bulk carrier duo

The vessels will have a deadweight of about 66,000 metric tonnes, with delivery anticipated for 2023.

Tsuneishi Shipbuilding has received an order from Japan-based financial services firm Orix Corporation for two eco-friendly TESS66 AEROLINE bulk carriers.

This marks the first order of the new model, which has been developed by Tsuneishi Shipbuilding.

With a deadweight of 66,000 metric tonnes, the vessels will adhere to the energy efficiency design index (EEDI) Phase 3 requirement.

The EEDI Phase 3 requires a 30% drop in CO₂ emissions against the standard EEDI value and will be applicable for all new ships from 2025.

It aims to minimise the environmental impact and improve the fuel efficiency of vessels.

The streamlined design of the bow and accommodation of the ship will also lower wind resistance by nearly 20% on the new vessels.

Tsuneishi Group (Zhoushan) Shipbuilding will be responsible for the construction of the ships, which are anticipated to be delivered in 2023.

In a statement, Orix said: “Orix began a secondhand ship leasing business in Japan in the latter half of the 1960s and has been carrying out ship finance on an international scale since the first half of the 1970s.

“For a period extending over nearly 50 years, Orix has been acquiring shipping-related expertise ranging from ship finance and investment (owning and operations), sales and purchases, broking, including through the establishment in 1977 of Perseus Shipping (now ORIX Maritime Corporation), a company which operates vessels.”

As of now, the company operates a fleet of 25 vessels, predominantly comprised of bulk carriers.

These ships provide services for companies globally, including grain trading houses and power firms.

In April, Tsuneishi Shipbuilding unveiled a new liquefied natural gas (LNG) fueled Kamsarmax dry bulk carrier design.

This ship is expected to attain a 40% reduction in carbon emissions compared with the standard EEDI value.

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