Idemitsu Tanker Co., Ltd., IINO Kaiun Kaisha, Ltd. (IINO Lines), Nippon Yusen Kabushiki Kaisha (NYK), and Nihon Shipyard Co., Ltd. announced that the consortium established in early 2024 for the joint research and development of an eco-friendly very large crude oil carrier (VLCC) has produced a design concept for Japan’s first Malacca Max type VLCC to use methanol as alternative fuel.