The Seatransporter-DF, a dual-fuel design concept developed by Algoship Designers of Nassau in the Bahamas received approval in principle (AIP) earlier this year from US-based classification society ABS.
The design has the capability to accommodate multiple engine types as well as Type-C or membrane containment systems for LNG fuel.
Algoship worked with CleanShips to develop a version of the bulk carrier design that would meet specific operational requirements without compromising cargo carrying capacity.
The 38,000 dwt version is equipped with a 2,400 cu m LNG fuel containment system that could allow for approximately 100 days’ endurance.
Algoship is applying the same design philosophy to panamax, ultramax and kamsarmax sized carriers and has determined that the dual fuel technology is also applicable to other vessel types.
Algoship president Antony Prince tells Maritime CEO a first ship order of this new design is not far away.
“Our clients are working on financing and chartering for the LNG fueled ships. We expect this to progress in the coming months,” he says.
Prince does concede that the increased capital costs, and LNG availability worldwide remain challenges before greater adoption of the fuel, however he is adamant that the changing regulatory environment will prompt many to look at his designs.