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Japanese steel major to charter in dual-fuel newcastlemaxes

NYK Line, Mitsui OSK Lines and K Line will each order one 210,000 dwt vessel that can run on LNG with Nihon Shipyard, and charter them to JFE Steel for trading iron ores and coals

The move underlines the perception of LNG as a main bridging fuel to decarbonise shipping despite doubts about the fuel’s green nature

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