South Korean shipbuilding firm HJ Shipbuilding & Construction (HJSC), formerly known as Hanjin Heavy & Construction, on Thursday (14 April) received an Approval in Principle (AiP) from classification society Lloyd’s Register (LR) for a 7,700 TEU dual-fuel LNG container ship.
Demand for the 7,000TEU class container ships, also the flagship ship of HJSC, has been steadily increasing in the global shipping industry since last year.
Earlier in November 2021, the duo signed a memorandum of understanding (MOU) with HJSC being in charge of the design of the LNG-fuelled container ship and LR responsible for reviewing and approving the design drawings to carry out joint development projects.
The ship has a total length of 272m and a speed of 22 knots, and has secured a high fuel efficiency by applying the latest technologies.
HJSC said through this basic design approval, it has secured a high-efficiency, eco-friendly shipbuilding technologies that are able to meet the environmental regulations of the International Maritime Organization (IMO) as well as the various needs of shipowners and respond immediately to the rapidly changing market needs.
As the demand for eco-friendly powered ships surges with the application of stricter IMO regulations from 2020, HJ is focusing on research and development of eco-friendly ships.
“As carbon neutrality is a hot topic in the shipping and shipbuilding industries, the demand for eco-friendly alternative fuel propulsion vessels such as methanol, ammonia and hydrogen will further expand in the medium and long term,” said an official from HJSC.
“We will secure a differentiated competitive advantage through core technology development and research for various eco-friendly fuel-powered ships.”
‘MFMs will continue to have a place within the bunkering sector even when the shipping industry continues to adopt new types of marine fuels, such as LNG, biofuel, methanol, ammonia and hydrogen,’ states spokesman.
Current ISO 8217 bunker fuel standard not comprehensive enough for biofuels; National Mirror Committee working with local players to develop more comprehensive biofuels standard for Singapore, says Capt. Rahul.
‘There are some important differences between VLSFO and biofuels, and as a result, parties should consider whether additional changes should be made to biofuel bunker contracts,’ says Paul Collier.
Quek Rong Hong first joined Shell sometime in 2005 and had held the position of Blending Specialist from November 2017. At the time of arrest, his monthly basic salary was about SGD 4,300, showed documents.
Glencore previously commenced Singapore International Arbitration Centre Emergency Applications against Straits Pinnacle but those applications were dismissed, according to documents obtained by Manifold Times.
Captain Segar, MPA Assistant Chief Executive, Operations, to be also joining IBIA for the game where proceeds will be channelled into an IBIA Bursary Fund for supporting students to obtain a maritime studies degree.