World’s first VLGC of Ice Class IB is equipped to reduce fuel consumption and emissions
Borealis, one of the world’s leading providers of advanced and sustainable polyolefins solutions and a European front-runner in polyolefins recycling, and IINO Kaiun Kaisha, (IINO Lines), a global leader in maritime transportation headquartered in Japan, announce the long-term charter of a very large gas carrier (VLGC). This Ice Class IB vessel will be delivered in the first quarter of 2027.
With a cargo tank capacity of 93,000 m3, the vessel will transport raw materials to Borealis’ petrochemical plant in Porvoo, Finland, and will contribute to the stable operations of the plant as the world’s only ice-strengthened VLGC of Ice Class IB.
Largest VLGC
Thanks to its dual-fuel engine, the new vessel can be powered by both liquefied petroleum gas (LPG) and low sulphur fuels. The vessel is the largest VLGC and equipped with a Shaft Generator Motor (SGM) System for electrical power generation from LPG dual fuel.
“The newly signed charter aligns with our strategic Energy & Climate ambitions, demonstrating our commitment to reinventing essentials for sustainable living”, commented Thomas Van De Velde, Borealis Senior Vice President, Base Chemicals and Energy.
“Our experience and know-how in operating LPG Carrier since 1960 will not only enable more effective and environmentally sustainable transportation, but also stable plant operation regardless season,” remarked Ryuichi Osonoe, IINO Lines Senior Managing Executive Officer, Management of Gas Carrier.
