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DNV GL welcomes Lindanger to fleet…

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"Lindanger";  the naming ceremony

“Lindanger”; the naming ceremony

DNV GL welcomes Lindanger to fleet – world’s first methanol fuelled ocean-going vessel

Ulsan,  21 April 2016: Launched at the Hyundai Mipo dockyard in Ulsan, South Korea, the Lindanger is owned by Norwegian firm Westfal-Larsen. The vessel is the first of two dual-fuelled 50, 000 dwt tankers that will be chartered to global marine transportation company Waterfront Shipping.

“We are very pleased to see the completion and launch of this exciting and innovative newbuilding, ” says Knut Ørbeck-Nilssen, CEO at DNV GL – Maritime. “This is the first time a dual-fuel engine with a Low Flashpoint Liquid (LFL) fuel system has been installed on an ocean-going vessel and it is a testament to the excellent cooperation between all the project partners that we have been able to complete this unique project and gain flag state approval. Methanol as a marine fuel is a very promising option to enable owners to reduce the environmental impact of their vessels and to comply with low sulphur and ECA regulations and we look forward to working on many more projects using this innovative marine fuel and technology.”     

With a MAN designed Hyundai–B&W 6G50ME-9.3 ME-LGI dual-fuel, two-stroke engine on board, the Lindanger can run on methanol, fuel oil, marine diesel oil or gasoil. The Lindanger has been assigned the additional notation LFL FUELLED to demonstrate her compliance with the DNV GL rules for low flash point marine fuels. DNV GL was the first classification society to publish rules covering LFL fuels in July 2013, to ensure that the arrangement and installation of these systems have an equivalent level of integrity in terms of safety and availability as a conventional system.

“We are proud to take delivery of Lindanger this week – one of the first Korean built methanol-fueled ocean tankers that’s innovative, clean burning and fuel efficient, states Rolf Westfal-Larsen, President and CEO, Westfal-Larsen Management.

“It is exciting to be working with our partners to advance this new, clean technology. Investing in methanol-based marine fuel is an important step in the right direction and reinforces our commitment to sustainable proven technology that provides environmental benefits and meets emissions regulations, ” adds Jone Hognestad, President, Waterfront Shipping.

“We are so privileged to become the first shipyard in the world to deliver a methanol fuelled vessel. It will reduce SOx emissions by about 95% and NOx emissions by about 30% compared to conventional marine diesel oil. Methanol could become one of the popular alternative marine fuels in the future as an environment friendly solution with lower fuel costs, easier handling with the existing storage and bunkering infrastructure and lower installation and retrofit costs, ” said Man Choon Kim, Vice President, Contract Management Department, Hyundai Mipo Dockyard Co., Ltd.

The Lindanger is the first in a series of seven vessels which will be chartered by Waterfront Shipping over the course of 2016. Four of the seven vessels are being constructed to DNV GL class, including two vessels owned by Westfal-Larsen, the Lindanger and a sister ship, and two owned by a joint venture between Marinvest/Skagerack Invest and Waterfront Shipping. A further three ships, where DNV GL carried out a hazard identification study, will be owned by Mitsui OSK Lines (MOL). Waterfront is a wholly-owned subsidiary of Methanex Corp, the world’s largest producer and supplier of methanol, and operates a fleet of 22 deep sea tankers of between 3, 000 dwt and 50, 000 dwt, which are used for transporting methanol worldwide.

Methanol as a ship fuel

Methanol is a safe, cost-effective, clean-burning fuel of today and the future. Of growing interest in the shipping world, methanol is sulphur free (SOx) and with lower particulate and nitrogen oxide emissions. It is a promising option for vessels which are operating in ECAs (emission control areas) and for meeting both current and future regulations covering SOx emissions. Methanol is produced from natural gas and can also be produced through renewable sources, such as biomass, recycled CO2, agricultural and timber waste. The energy content of methanol is roughly half that of standard heavy fuel oil, but as it is a liquid, methanol can be handled by conventional bunkering and storage solutions without extensive modifications. The cost to build new and covert existing vessels to run on methanol is significantly less than alternative fuel conversions. Also, as one of the top five chemical commodities shipped around the world each year, methanol is available around the world through existing global infrastructure.

You can find more information on methanol as a marine fuel here: https://www.methanex.com/about-methanol/methanol-marine-fuel

ImageLindanger naming ceremony. Image care of Hyundai Mipo Dockyard

Lindanger main particulars:

50, 000 dwt tanker for chemicals & oil products with LFL fuelled engine

LOA 186 m
LBP 177 m
Breadth 32.2 m
Depth 19.1 m
Draught 12.85m
Deadweight 49, 999 dwt
Speed 15.8 knots
Main engine Type: Hyundai–B&W 6G50ME-9.3 LGI (Tier II)Output : 10, 320 kW @100 RPM

About DNV GL

Driven by its purpose of safeguarding life, property and the environment, DNV GL enables organizations to advance the safety and sustainability of their business. Operating in more than 100 countries, the company’s 15, 000 professionals are dedicated to helping their customers in the maritime, oil & gas, energy and other industries to make the world safer, smarter and greener. For more information visit www.dnvgl.com/maritime

About Westfal-Larsen & Co A/S

Westfal-Larsen & Co AS is the Norwegian ship owning entity of the Westfal-Larsen Group. The company dates its origin as ship owners to 1905, and is headquartered in Bergen, Norway. The group is involved in various business activities such as chemical tankers and specialized dry bulk shipping, property investments, trade and industry. The company is well established in the Commodity Chemicals tanker markets, and operates a fleet of modern vessels built between 2009 and 2012. All tankers are zinc-coated and fully IMO II. Westchart, a wholly owned subsidiary of WLCO, is responsible for the commercial management. Westfal-Larsen Management acts as technical manager for the chemical tanker fleet. For more information, please visit http://www.wlco.no.

About Methanex Corporation

Methanex Corporation (TSX:MX)(NASDAQ:MEOH) is a Vancouver-based, publicly traded company and is the world’s largest producer and supplier of methanol to major international markets in North America, Asia Pacific, Europe and South America. Methanex’s global production hubs are strategically positioned to supply every major global market. Methanex has an extensive global supply chain and distribution network of terminals and storage facilities throughout North America, Asia Pacific, Europe and South America. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “MX” and on the NASDAQ Global Market in the United States under the trading symbol “MEOH”. For more information, please visit www.methanex.com.

About Hyundai Mipo Dockyard, Co Ltd.

HMD has been acknowledged as one of the leading and most versatile shipbuilders in the sectors of medium-sized conventional ships and specialized vessels. Especially, HMD has achieved world-wide recognition for its medium-ranged product/chemical tankers and handy-panamax size containerships with optimized superior specifications and unchallenged quality gained by the competent design staff and the highly qualified workforce. www.hmd.co.kr

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