Borealis, IINO Lines sign charter for dual-fuel VLGC
Borealis and IINO Kaiun Kaisha, have signed a charter agreement for a dual-fuel liquefied petroleum gas (LPG) vessel, Oceanus Aurora. The vessel was ordered from IINO Lines in 2021 and delivered to Borealis 14 May 2023.
In particular, with a cargo tank capacity of 91,000 m3, largest VLGC (Very Large Gas Carrier) vessel in its class, will transport feedstock – mainly propane and butane – from North America to Borealis crackers and propane dehydrogenation plants in Europe, including Kallo (Belgium), Stenungsund (Sweden), and Porvoo (Finland).
Thanks to its dual-fuel engine, the Oceanus Aurora can be powered by either liquefied petroleum gas (LPG) or low sulphur fuels. The vessel is equipped with a – Shaft Generator Motor system for electrical power generation from LPG dual fuel. This lowers both fuel consumption and emissions, with meaningful reductions in the most common air pollutants from ships, such as nitrogen oxides (NOx), sulphur oxides (SOx), carbon dioxide (CO2), and particulate matter.
According to Borealis, the vessel’s environmental footprint is further improved thanks to the installation of an innovative wind propulsion system in the form of two Norsepower Rotorsails™. Developed by Norsepower Ltd., these sails are a modern adaption of the Flettner rotating cylinder and scheduled to be installed within 2nd quarter in 2024. By using modest amounts of electricity to set a deck cylinder in motion, these spinning cylinders, along with the wind, create a Magnus effect to generate thrust. By augmenting the main propulsion system, the sails thus reduce total fuel consumption, emissions, and operating costs.
It is essential to capitalize on every opportunity to become even more independent and flexible when it comes to transporting cost-competitive feedstock from overseas to our base chemicals operations in Europe.
…says Thomas Van De Velde, Borealis Senior Vice President Hydrocarbons & Energy.