South Korea’s HJSC scores LNG bunkering vessel order from H-Line Shipping
- Published
by Admin
HJ Shipbuilding & Construction (HJSC) has secured its first order of the year with a contract worth KRW 127.1 billion (USD 87.6 million) to build an 18,000㎥ LNG bunkering vessel for H-Line Shipping.
The contracted vessel is a large-scale LNG bunkering ship measuring 144 meters in length, 25.2 meters in width, and 12.8 meters in depth. It is capable of supplying up to 18,000㎥ of LNG in a single operation to LNG-fuelled ships.
Equipped with two independent LNG tanks certified by the International Maritime Organization (IMO), the vessel features a dual-fuel propulsion system that allows it to operate on both eco-friendly LNG and marine diesel oil. This advanced system ensures both stability and operational efficiency while effectively reducing carbon emissions.
Yoo Sang-cheol, CEO of HJSC, said, “As global LNG demand and supply continue to grow, the LNG bunkering vessel market will see steady expansion.”
“We will focus on strengthening our expertise in building eco-friendly, high-value-added ships, securing a competitive edge that aligns with our legacy as a leader in shipbuilding.”
This achievement follows the company’s success in 2014 when it built the world’s first 5,100㎥ LNG bunkering vessel for Japan’s NYK Line.
“This accomplishment also reinforces South Korea’s shipbuilding industry’s efforts to enhance competitiveness by securing high-efficiency, environmentally friendly vessels in the global market,” HJSC said.
“Notably, with the anticipated expansion of oil and natural gas drilling and the resumption of LNG exports under the second Trump administration in the US, the market for crude oil carriers, LNG carriers, and LNG bunkering vessels is expected to see significant growth.”
“This trend is likely to benefit the country’s highly competitive shipbuilding industry.”
Photo credit: HJ Shipbuilding & Construction
Published: 12 February, 2025
