MOL Takes Delivery of Dual-Fuel LPG and Ammonia Carrier Newbuild
04.29.2024 By Tank Terminals - NEWS

April 29, 2024 [Marine Link]- Mitsui O.S.K. Line (MOL) has taken delivery of the newly built dual-fuel LGP and ammonia very large gas carrier (VLGC) Aquamarine Progress II, which will sail under charter with a Japanese LPG importer and distributor.

 

Ordered by MOL’s company Aramo Shipping (Singapore), the Aquamarine Progress II has been delivered by Namura Shipbuilding.

The Aquamarine Progress II will sail under a time charter contract with GYXIS Corporation, a Japanese LPG importer and distributor.

The vessel is 230 meters long, with the breadth of 36.6 meters. The capacity of its cargo tank is 87,119.30 m3.

The Aquamarine Progress II can run on either LPG or conventional heavy oil, and when LPG is used as fuel, CO2 emissions can be reduced by about 20% and sulfur oxides (SOx,) particulate matter by about 90% compared to heavy oil.

In addition, the specifications allow for the transport of ammonia as well as LPG. Ammonia, which emits no carbon dioxide during combustion, is expected to increase in demand in the future as a next-generation clean energy source.

The naming ceremony was held on March 12, 2024, at the Imari Works of Namura Shipbuilding, and the vessel was named by GYXIS President and Representative Director Keiji Tanaka.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Hengli Petrochemical Establishes a Trading Subsidiary in Dubai as Part of Expansion
02.09.2026 - NEWS
February 09, 2026 [Offshore Engineer]- Hengli Group, the parent company of China’s Hengli P... Read More
Romania Lines Up €1 Billion Battery Storage Build After Government Deal
02.09.2026 - NEWS
February 09, 2026 [Oil Price]- Privately held MASS Group Holding plans to invest more than €1 b... Read More
RWE Explores Buying LNG from ADNOC as Germany Moves to Diversify Supply
02.09.2026 - NEWS
February 09, 2026 [Reuters]- RWE signed a provisional agreement on Friday with Abu Dhabi National... Read More
Greek Joint Venture Seeks 20-Year US LNG Deal to Strengthen Southern Europe’s Gas Supply
02.09.2026 - NEWS
February 09, 2026 [Reuters]- Atlantic Sea LNG Trade, a joint venture between Greece’s gas s... Read More