SERVICES

HHI to Preempt LNG-Powered Ship Market

Seoul - HHI announced that the company held a technology briefing session on an LNG-powered bulk carrier of its own development for nine major Korean shipping companies including Polaris Shipping, SK Shipping, Korea Line and H-Line Shipping.

Seoul - Hyundai Heavy Industries (HHI) is stepping up its efforts to preempt the “liquefied natural gas (LNG)-powered ship” market, while responding to tougher global environmental regulations. HHI announced on December 17 that the company held a technology briefing session on an LNG-powered bulk carrier of its own development for nine major Korean shipping companies including Polaris Shipping, SK Shipping, Korea Line and H-Line Shipping.
The new LNG-powered model is designed as 180,000-ton and 250,000-ton class bulk carriers. They can meet all of the IMO’s stringent environmental regulations by reducing of sulfur oxides (SOx), nitrogen oxides (NOx) and carbon dioxides (CO2) upwards of 99%, 85%, and 25%, respectively. Recently, as the International Maritime Organization (IMO)’s environmental regulations have been strengthened, there is increasing demand from shipowners who want to apply LNG-based facilities which had been applied to some of existing LNG carriers, to oil tankers, containerships and bulk carriers.
Read more.

Pressed for time?

Get the best news of the week in your inbox

Subscribe ››