HD Hyundai Mipo Dockyard has finalized an agreement with Trafigura to construct four medium gas carriers (MGCs) that will utilize ammonia dual-fuel engines. This partnership marks a significant step towards developing eco-friendly shipping solutions, as the vessels are designed to transport liquefied petroleum gas (LPG), ammonia, and vinyl chloride monomer (VCM).
Agreement Finalized: Hyundai Mipo and Trafigura finalized the details for four ammonia dual-fuel carriers.
Vessel Specifications: Each carrier will be 190 meters long, 30.4 meters wide, and have a cargo capacity of 45,000 cubic meters.
Construction Timeline: Construction is set to begin in the second half of 2026, with deliveries expected by 2028.
Environmental Focus: The vessels will feature advanced technologies to reduce emissions and enhance safety.
Details of the Agreement
The finalized agreement follows an initial contract signed in April 2024. The four medium-sized carriers will be equipped with dual-fuel propulsion systems, allowing them to operate on both ammonia and conventional diesel fuel. This flexibility is crucial as the shipping industry seeks to transition to more sustainable fuel sources.
The specifications of the vessels include:
Length: 190 meters (623 feet)
Width: 30.4 meters (98 feet)
Cargo Capacity: 45,000 cubic meters
Tank Configuration: Four cargo tanks are designed to safely transport various liquefied gases.
Environmental Innovations
Hyundai Mipo is committed to integrating environmentally friendly technologies into its vessels. The ammonia dual-fuel engines will be complemented by selective catalytic reduction (SCR) systems designed to minimize harmful emissions. This initiative aligns with global efforts to decarbonize the shipping industry.
The shipyard has previously made strides in this area, having constructed the world’s first ammonia-powered LPG carriers in 2023. The company is also developing an ammonia leak prevention system to ensure safety during transport, which is critical given the hazardous nature of ammonia.
Trafigura's Commitment to Sustainability
Trafigura, a leading global commodities trading company, actively invests in low-carbon shipping technologies. The company organizes over 5,000 voyages annually and manages around 400 ships, making it a significant player in the maritime industry. By investing in ammonia-powered vessels, Trafigura aims to lead the charge towards decarbonization in shipping.
The company has been exploring various alternative fuels, including LNG, methanol, and biofuels, as part of its strategy to reduce its operations’ carbon footprint. The partnership with Hyundai Mipo is a testament to Trafigura’s commitment to developing new markets and technologies that support sustainable shipping practices.
Future Outlook
The construction of these ammonia carriers represents a pivotal moment in the shipping industry’s move towards more sustainable practices. With the first vessels expected to be delivered by 2028, this initiative could pave the way for broader adoption of ammonia as a viable marine fuel.
As the industry continues to evolve, the collaboration between Hyundai Mipo and Trafigura highlights the importance of innovation and environmental responsibility in shaping the future of maritime transport.
Sources
Trafigura and HD Hyundai Mipo finalize agreement on ammonia-powered vessels, Portnews.
Hyundai Mipo and Trafigura Finalize Details for Ammonia Carriers, The Maritime Executive.
