Japan’s Idemitsu Tanker is splashing out around $270m on two methanol dual-fuel VLCCs as part of its fleet renewal plan.
In addition, the Tokyo-based company revealed that it is chartering two more of the eco-friendly type from Iino Kaiun Kaisha and NYK on long-term period contracts.
All four 309,000-dwt crude carriers have been contracted at Japan Marine United (JMU) for delivery in 2027 and 2028.