TSUNEISHI SHIPBUILDING Co., Ltd. (HQ: 1083 Tsuneishi, Numakuma-cho, Fukuyama, Hiroshima, Japan; Representative Director, President and Chief Executive Officer: Sachio Okumura) has reached a basic agreement on an order for the world’s first methanol-fueled bulk carrier with Mitsui & Co., Ltd. for Cargill. The order is for two KAMSARMAX ships, the first of which is scheduled to be completed in the latter half of 2025.

Orders of methanol-fueled ships to date were mainly for container carriers. With the aim of building zero-emission ships, we launched R&D at an early stage of methanol-fueled ships using green methanol*1, which led to this order.

The KAMSARMAX is the best-selling ship design of Tsuneishi Shipbuilding with a sales record of more than 350 ships worldwide. Our newly developed KAMSARMAX will be a dual fuel-fired (methanol and heavy oil) bulk carrier. By loading an independent large-capacity methanol fuel tank, we have secured ample cruising distance to satisfy customer needs, even with methanol. Moreover, in addition to the significant enhancement in fuel efficiency due to the improved hull shape, compared to the conventional KAMSARMAX design, we applied an upgraded version of “AEROLINE”*2, our unique wind resistance reduction technology used in the TESS 64/66 series, to KAMSARMAX for the first time to improve performance in the ocean.

The simply structured methanol fuel tank is placed on the stern to maintain the large cargo hold capacity, which characterizes KAMSARMAX, while ensuring the safety and ease of cargo handling and safe and efficient maintenance by the crew. The ship’s high versatility is maintained by applying most of the principal particulars and specifications of the conventional KAMSARMAX.

TSUNEISHI SHIPBUILDING will continue to accelerate R&D for next-generation ships, fueled not only by methanol, but also ammonia, hydrogen, and other alternative fuels. By supplying customers with zero-emission ships that combine environmental performance with economy, we are contributing to reducing the impact on the environment.

About Cargill:
Cargill, Inc. is an international provider and trader of food, agricultural, financial, industrial and related products and is well known as a major multinational grain company.

*1 Green Methanol:
Green methanol refers to synthetic methanol produced from collected CO2 and renewable energy-sourced hydrogen, as well as biomass-sourced methanol, and is regarded to be carbon neutral.

*2 AEROLINE:
TSUNEISHI SHIPBUILDING’s proprietary technology that reduces wind resistance by approximately 20% by streamlining the bow and accommodation space. This will be the first KAMSARMAX to adopt the AEROLINE technology.

■ TSUNEISHI SHIPBUILDING Co., Ltd.
TSUNEISHI SHIPBUILDING (Fukuyama, Hiroshima, Japan) engages in shipbuilding and repairs, and is the anchor company of the TSUNEISHI Group, which conducts business mainly in the shipbuilding industry and maritime transport. With manufacturing bases in Japan (Tsuneishi Factory, the HQ), Philippines, and China, the company builds bulk carriers, container carriers, tankers, etc.
Company info: https://www.tsuneishi.co.jp/english/
Company ESG: https://www.tsuneishi.co.jp/esg/en/
Representative Director, President and Chief Executive Officer: Sachio Okumura
Business: Shipbuilding and repair
Founded: July 1917 (Taisho 6)
Capital: 100 million yen
Employees: 821 (as of December 2022)
Headquarters: Fukuyama City, Hiroshima Prefecture, Japan (Main Factory)

Shipbuilding Business Affiliates:
TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc. (Cebu, Philippines)
http://www.thici.com/
TSUNEISHI GROUP (ZHOUSHAN) SHIPBUILDING,Inc (Zhejiang, China)
http://www.tsuneishi-zs.com/
TSUNEISHI IRON WORKS Co., Ltd. (Fukuyama City, Hiroshima Prefecture, Japan)
https://www.tsuneishi-iw.jp/
TSUNEISHI TRADING Co., Ltd. (Fukuyama City, Hiroshima Prefecture, Japan)
https://www.tsuneishi-trading.co.jp/en/
TSUNEISHI ENGINEERING Co., Ltd. (Fukuyama City, Hiroshima Prefecture, Japan)
http://www.tsune-e.com/
MIHO SHIPYARD Co., Ltd. (Shizuoka City, Shizuoka Prefecture, Japan)
http://www.mihozosen.co.jp/
MITSUI E&S SHIPBUILDING Co., Ltd. (Chuo-ku, Tokyo, Japan)
https://www.tsuneishi.co.jp/mes-s/
YURA DOCKYARD Co.,Ltd. (Yura, Hidaka-gun, Wakayama Prefecture, Japan)
https://www.yuradock.co.jp/en
NIIGATA SHIPBUILDING & REPAIR, Inc. (Niigata City, Niigata Prefecture, Japan)
https://www.tsuneishi.co.jp/nsr/
KANDA DOCKYARD Co., Ltd. (Kure-shi, Hiroshima, Japan)
https://kandadock.com/

For further information, please contact:
Communication Dept.
TSUNEISHI HOLDINGS CORPORATION
TEL: +81-84-987-4915
Email: pr@tsuneishi.com