Geneva DryTMS Awards 2023Port of StocktonViganBühler GmbHVan Aalst
  • Bühler GmbH
  • Sailors Society
  • Vigan
  • Telestack
  • TMS Awards 2023
  • TBA Group

Green Corridor’s innovative bulk carrier designs

Green Corridor’s innovative bulk carrier designs

(Posted on 20/09/18)

The Green Corridor Joint Industry Project (JIP) has ended on a high note, delivering a well-received LNG-fuelled Newcastlemax design for transporting iron ore and coal on the Australia–China route in Phase 1a, and upsizing it to the very large ore carrier (VLOC) class in Phase 1b. The project was recently concluded with a signing ceremony in Singapore.

“The Green Corridor project brought together key stakeholders in the iron ore and coal trades, and the partners have made great progress in developing greener, more efficient, and future-proof designs. Innovations delivered will benefit not only ore and coal carriers, but the entire bulk segment,” says Morten Løvstad, DNV GL’s Business Director for bulk carriers.

When the IMO confirmed the 2020 deadline for the 0.5 per cent global sulphur cap in 2016, key stakeholders serving the Australia–China iron ore and coal trade route, including major Australian miners BHP, Fortescue Metals Group and Rio Tinto, ship owners MOL and U-Ming, together with LNG supplier Woodside, ship designer SDARI, and class society DNV GL, decided to join forces to develop a suitable LNG-fuelled bulk carrier solution for the route. China Merchant Energy Shipping and Shell Eastern Petroleum joined the project in a later phase.

The result was a robust, commercially viable and safe 210,000 dwt LNG-fuelled bulk carrier design, developed using leading-edge but proven technology. The Newcastlemax design from phase 1a was well received, and Approval in Principal (AiP) was issued by DNV GL in 2017. In Phase 1b, the project concluded work on a dual-fuel 260,000 dwt dedicated ore carrier design based on the same economical and technical principles.

A key accomplishment of Phase 2 was to promote the development of optimized LNG bunkering supply chains to support efficient bunkering of bulkers along the trading route, in order to give the industry the confidence to invest in LNG-fuelled bulk carriers. Woodside and Shell advised on LNG bunkering possibilities in Australia and the APAC region and the related supply chain costs.

Bunkering issues such as compatibility and safety studies for ship-to-ship bunkering have been addressed, and the economic calculation has been updated accordingly to demonstrate a more robust business case for LNG as fuel. Due to the rapid rise in crude oil prices over the past year, the price of low-sulphur marine fuel is now 50 per cent higher than when economics were analysed for Phase 1a in early 2017.

U-Ming President C. K. Ong comments: “U-Ming is very happy to have worked with like-minded partners to find smarter ways to look after the environment, and we will continue to invest to stay ahead of the technological developments. We look forward to the project results being put into action to ensure sustainability in the Australia–China Green Corridor for the coming decades.”

Woodside Chief Operations Officer Meg O’Neill says: “This collaborative project has demonstrated that there is a cleaner way to ship Australia’s largest export commodities to market using LNG as a marine fuel. Woodside will continue to work with industry partners to develop this opportunity.”

BHP offered this observation on the collective effort: “This project demonstrates how greater connectivity in the maritime ecosystem allows us to resolve the big issues that impact the whole industry, such as higher safety standards and lower shipping emissions.”

Morten Løvstad concludes: “DNV GL is very pleased to have been the project manager and collaborating classification society in such a productive and beneficial project. The cooperation between partners has in itself been invaluable, and the results will help to secure the sustainability of the route for the future.”

Latest News

ClassNK releases ‘Prime Shipmanagement Guidelines’

(Posted on 01/05/25)

ClassNK has released ‘Prime Shipmanagement Guidelines’ which aim to achieve sustainable... Read more


MCTC ensures quality remains at top of the table amid global tensions

(Posted on 30/04/25)

In the face of unpredictable provisioning costs, port disruptions, and longer lead times MCTC has reinforced... Read more


NORDEN raises full-year guidance for 2025

(Posted on 28/04/25)

On the back of the increased gains from sales of vessels and good operational performance, NORDEN, a... Read more


INTERCARGO welcomes ILO recognition of seafarers as key workers

(Posted on 28/04/25)

The International Association of Dry Cargo Shipowners (INTERCARGO) has welcomed the recent decision... Read more


MMS advises why seafarers must remain vigilant about malaria

(Posted on 25/04/25)

Despite its lack of publicity, malaria remains an ongoing epidemic and a perilous threat to seafarers... Read more


Veson: Bulker S&P activity falls sharply in Q1 2025

(Posted on 22/04/25)

Due to market uncertainty, overall sale and purchase levels for Bulkers have fallen year on year, with... Read more


Britannia Group announces CEO succession plan

(Posted on 22/04/25)

The Britannia Group, a leading P&I insurer, has announced that its Chief Executive, Andrew Cutler... Read more


INTERCARGO responds to IMO's decision on GHG reduction measures

(Posted on 15/04/25)

At last week's landmark MEPC 83 meeting, the International Maritime Organization (IMO) Member States... Read more


NORDEN sells two additional vessels

(Posted on 15/04/25)

In line with NORDEN’s strategy to realise asset values, the global provider of ocean-based freight... Read more


ILO delivers on Seafarers Key Worker Rights and fair treatment

(Posted on 15/04/25)

The fifth meeting of the Special Tripartite Committee (STC) of the MLC concluded last week with some... Read more


Sailors SocietyTBA GroupCimbriaTelestackPort of South Louisiana
  • Cimbria
  • Geneva Dry

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping