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Friday, December 30, 2011

Mitsui OSK Lines orders new high efficiency Capesize iron ore carrier

Friday, 30 Dec 2011

Mitsui OSK Lines Ltd announced that it has ordered a new Capesize bulker that will adopt element technologies of the next generation ISHIN-III vessel program to achieve high fuel efficiency. Universal Shipbuilding Corporation will construct the new ship, slated for completion in late 2014.

MOL has repeatedly studied various technologies to realize the concept for the ISHIN-III series of next generation vessels announced in April 2010. The new vessel will adopt the following element technologies which are at the core of the ISHIN-III concept. New technologies will boost fuel efficiency of the new ship by more than 20% compared to conventional cape-size vessels with a corresponding reduction in CO2 emissions.

1. Waste heat energy recovery to assist propulsion
This concept seeks to maximize waste heat energy recovery with more advanced technology. A large amount of heat energy can be recovered from the large main engine’s exhaust gas, converted to electricity, and utilized to provide additional propulsion, significantly reducing the vessel’s environmental burden. This technology can also be applied to large main engines installed on tankers and containerships.

2. Reduction of CO2 emissions even at low speeds
The combination of a turbocharger that can operate at high efficiency even at low rpm and an electronically-controlled main engine reduces CO2 emissions even during a low-speed voyage.

MOL continues to take a proactive stance in technological development with the aim of reducing the environmental burden of its ships.

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