HJ Shipbuilding & Construction (HJ S&C) on Thursday (23 June) said it has signed a contract with an European shipowner to build two 7,700 TEU-class LNG dual-fuel propulsion container ships worth a total of USD 240 million.
The contract includes options for two additional newbuilds, so the company expects additional orders.
If the contract options take effect, HJ S&C’s backlog order for container ships will increase to 10 with this year’s orders alone rising to about KRW 800 billion, exceeding half of this year’s target.
The company also received orders for four 5,500 TEU class container ships last year and added two more of the same ship type in March this year.
The 7,700 TEU LNG dual-fuel propulsion container ship has a length of 272 metres and a speed of 22 knots that reflects cutting-edge specifications and eco-friendly design.
The company received approval for the ship from the UK Ship Register in April.
The 7,700 TEU class LNG dual fuel propulsion container ship maximises the container load while securing a storage capacity of 6,100㎥ by applying GTT’s Mark III membrane fuel tank.
It also satisfies all environmental regulations including international standards for the safety of the ships by using gas or low flash point fuel.
An official from HJ S&C said, “This is the first contract for a 7,700 TEU class LNG dual fuel propelled container ship certified by the UK Ship Register in April. We plan to focus our capabilities on ship development and winning orders,” he said.
Moving forward, HJ S&C plans to build the 7,700 TEU container ships ordered at Yeongdo Shipyard in Busan and deliver them sequentially from the end of 2024.
Related: HJ Shipbuilding & Construction develops dual-fuel LNG 7,700 TEU class container ship
Photo credit: HJ Shipbuilding & Construction
Published: 28 June, 2022
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Coralius supplied tankers Ramelia, Thun Vener, Tern Ocean, Thun Evolve within 12 hours enabling them to resume their operations in the Baltic area.
The government does not have any policy on the project and needs to resolve issues in South Thailand first, says spokesman.
‘We are thankful to the authorities of the Port of Fujairah and our partners for their continued trust in us.’
HSBC and UOB increases total lending from $225 million to $285 million in preparation for IMO 2020 credit.
ExxonMobil, Grieg Edge, North Ammonia, and GreenH signed a MoU to study potential production of lower-emission marine fuels at ExxonMobil’s Slagen terminal in Norway.
‘The MOU will foster innovation in smart and autonomous ship technologies, and support the use of green ammonia as a sustainable fuel to help decarbonise global shipping,’ says the Chief Executive of MPA.
PetroSeraya appoints YTL PowerSeraya veteran See Yoong Hwee to drive its fuel tank leasing operations; together with Rafe Liam as Commercial Manager, they will spearhead the company’s initiatives.
‘This biofuel bunker delivery represents a new chapter for Eng Hua as we are now moving with the times towards the era of decarbonisation,’ Mike Sin, Director at Eng Hua, tells bunkering publication Manifold Times.
MPA has also asked Glencore to improve its internal procedures to ensure that prompt action is taken in future when it becomes aware of, or reasonably suspects, any irregularity in fuel quality, it states.
Dynamic Asset Investments Limited and Goldsland Holdings Co Ltd helped Vermont UM Bunkering maintain a “Cash Float” of about SGD 100,000 to facilitate “buyback” bunker transactions at Singapore port.
Senior Cargo Officer gained SGD 48,800 worth of commission from “buyback” bunker transactions and illegally obtained SGD 410,712.257 by cheating Vermont, a Singapore court heard on Thursday (21 July).
