MAN Energy Solutions has received an order for five 6G70ME-GI Mk 10.5 dual-fuel engines in connection with the construction of five 210,000dwt Newcastlemax bulkers for Singapore-based shipowner EPS.
EPS has sealed an agreement to charter the five LNG dual-fuel Newcastlemaxes to Australian mining giant, BHP, for a period of five years. The vessels are scheduled for delivery during 2022 and will carry iron ore between Western Australia and China.
Cyril Ducau, CEO of EPS, commented, “This deal also sends a clear signal to the industry that progressive companies, like BHP, have viable options to lower their carbon footprint today. When these vessels deliver in 2022, they will be the cleanest and the most efficient in the entire dry bulk shipping fleet and will be IMO 2030 compliant eight years ahead of schedule.”
Thomas S. Hansen, Head of Promotion and Customer Support, MAN Energy Solutions, said, “This order is notable in that these Newcastlemax bulkers are the first dual-fuel vessels of their size and show the capability of our engine technology. It also shows that the bulk segment – as well as the tramp trade – is keenly aware of the need to deal with greenhouse gases, and the inherent potential of alternative fuels. Our recent Hafnia order is another example of this trend.”
The Hafnia reference stems from an order that Guangzhou Shipyard International placed in September 2020 for 6G60ME-GI Mk 10.5 dual-fuel engines to power two LR2 tankers for Hafnia. An option for a further two vessels exists in the contract. French hydrocarbon major, Total, has already agreed to charter the vessels, marking its first encounter with ME-GI engines.
Hansen concluded, “It’s encouraging that major market players are giving such consideration to the environment. In this respect, the ME-GI engine’s negligible methane slip is a significant advantage. The ME-GI is mature technology that continues to accumulate references in multiple segments.”