Berge Bulk announces delivery of its newest vessel
NewsThe vessel is compliant with Energy Efficiency Design Index Phase 3 in advance of International Maritime Organisation requirements.
Berge Bulk invests in two ammonia-fuelled Newcastlemax newbuilds
NewsBerge Bulk orders two ammonia dual-fuel Newcastlemaxes as part of ambitious decarbonization strategy.
Singapore-based dry bulk ship owner Berge Bulk has placed an order for two ammonia dual-fuel Newcastlemax vessels with Qingdao Beihai Shipbuilding Heavy Industry.
The design of the vessels, boasting a capacity of 210,000 deadweight tons (DWT), aligns with the International Maritime Organisation’s (IMO) Tier III NOx standards and Energy Efficiency Design Index (EEDI) Phase 3 requirements for greenhouse gas emissions.
Details of delivery and price of the vessels were not disclosed.
The vessels, which will be powered by ammonia, mark a significant move towards decarbonization.
The investment is part of Berge Bulk’s ambitious decarbonization timeline that includes three pivotal milestones: achieving carbon neutrality by 2025, building and operating a zero-emissions vessel by 2030, and achieving a zero-emissions fleetwide by 2050.
To meet these goals, Berge Bulk has introduced a comprehensive “Marshall Plan,” focusing on improving fleet efficiency, leveraging the latest maritime technology, converting to new fuels, and capturing the remaining carbon directly or indirectly.
“Ammonia is a promising zero-carbon fuel for the future of the shipping industry. Berge Bulk has been actively engaged in discussions with key players in the ammonia supply chain. We are encouraged by the steady progress being made with the development of ammonia engines and the logistics of ammonia bunkering,” Paolo Tonon, Chief Technical Officer, Berge Bulk, said.
“This evolving landscape has given us the confidence to order these two dual fuel ammonia vessels.”
The use of ammonia fuel represents an important milestone in our commitment to operate a zero-emissions vessel by 2030 and an essential pillar in our plan to decarbonise,” James Marshall, CEO and Founder, Berge Bulk, said. “We continue to take urgent action in all four areas of our strategy to effectively reduce our current emissions and achieve carbon neutrality by 2025.”
Berge Bulk owns, operates and manages a fleet of over 80 vessels, equating to 14 million DWT.