Idemitsu Tanker, the shipping arm of Japan's second-largest oil refiner, Idemitsu Kosan, is leading the consortium's efforts to achieve a remarkable 40% reduction in greenhouse gas emissions compared to conventional tankers.
This collaborative endeavor is crucial as more than 90% of Japan's crude oil imports originate from the Middle East, highlighting the importance of maintaining a stable energy supply.
To achieve their ambitious emission reduction goals, the consortium is focusing on a malaccamax vessel design—a configuration optimized for VLCCs navigating the crucial Middle East to Japan route via the Malacca Strait.
The vessel, envisioned as the next-generation VLCC, is set to incorporate innovative features such as alternative fuels, onboard carbon capture technology, and wind-assisted propulsion.
The partners believe that by pioneering this eco-friendly approach, they can not only contribute to environmental sustainability but also address the inherent necessity of continued oil imports.
The project underscores a commitment to minimizing the ecological impact of shipping in a key trading route, marking a significant step toward a more sustainable future for maritime transport.