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World’s first LNG-fuelled panamax commences operation

Photo of Sam Chambers Sam ChambersOctober 13, 2023
2,062 Less than a minute

The world’s first LNG-fuelled panamax bulk carrier has started operating. The coal carrier, owned by Nippon Yusen Kaisha (NYK) and on charter to Kyushu Electric Power (Kyuden), was built at Oshima Shipyard and is called Shoyo. The ship’s first LNG bunkering took place yesterday. 

LNG is shipping’s top alternative fuel today, with methanol beginning to catch up. 

“Green fuel solutions will not arrive in a big-bang process, instead we will see the incremental decarbonisation of existing assets as fuel production, transportation, storage and bunkering infrastructure and engine technologies develop,” commented Peter Keller, chairman of the gas fuel lobby group SEA-LNG, in a recent release. 

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Photo of Sam Chambers Sam ChambersOctober 13, 2023
2,062 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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