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UPM designs new LNG-fuelled vessels with Spliethoff Group affiliates

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LNG Industry,


UPM has announced that it has entered into a long-term charter agreement with Bore Ltd (Finland) and Wijnne Barends (the Netherlands) to design and build seven state-of-the-art LNG-fuelled vessels for UPM’s European operations.

Bore Ltd and Wijnne Barends are both affiliates of Dutch company Spliethoff Group – one of the country’s largest shipping companies.

Lauri Rikala, Director, Global Break Bulk Shipping, UPM Logistics, said: “This arrangement is a consistent step in UPM’s logistics strategy. It will safeguard a sustainable, competitive and reliable shipping solution for our businesses and customers on long term.”

According to the statement, Bore Ltd will build three RoLo vessels, which will be used for transporting UPM’s paper products, while Wijnne Barends will build four LoLo vessels, which will be used for transporting UPM’s pulp and other forest products. All seven of the vessels will be built in China, with deliveries scheduled for 2021 – 2022.

All of the vessels are time chartered by UPM and hence will be fully operated by the company. They will be ice-strengthened and will meet the latest technological, operational and environmental standards.

Rikala added: “The vessels will be fuelled with LNG which results in a significant (approximately 25%) reduction of CO2 emissions compared with commonly used marine gas oil. In addition, nitrogen oxides (NOx) and sulfur oxides (SOx) emissions will decrease approximately 85% and 99%, respectively. The emissions of soot particles will also decrease by 99%.”

Michael van den Heuvel, CCO of Spliethoff, said: “Since the establishment of Spliethoff in 1921, the company has been transporting forest products for our clients – it’s in our DNA.

“We are very pleased to be able to offer UPM these next generation sustainable vessels. Minimising our environmental footprint has long been a focal point for the Spliethoff Group and the reduction of emissions is a fundamental part of this. The new vessels running on LNG fit well in our continuous drive for greener operations.”

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/28082019/upm-designs-new-lng-fuelled-vessels-with-spliethoff-group-affiliates/

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