The construction of South Korea’s first 500 cubic meter capacity liquefied natural gas (LNG) bunkering vessel has begun on Thursday (7 May), said the Ministry of Oceans and Fisheries in a recent statement.
With the implementation of the IMO 2020 0.5% sulphur cap in January this year, the number of ships using LNG as a bunker fuel is increasing worldwide, it notes.
The Ministry of Oceans and Fisheries has been responding accordingly by promoting the introduction of LNG propulsion vessels through its ‘LNG bunkering core technology development and system construction project’ since 2018.
As part of this endeavour, the ‘Coastal Vessel Custom LNG Bunkering System Development Project’ is a project to develop and establish offshore LNG bunkering facilities in line with the growing demand for LNG bunkering along the Korean coastline.
A steel cutting ceremony was held earlier this week to commemorate the start of the ship’s construction, adds the ministry.
The vessel to be constructed will be developed purely based on technology developed domestically, involving Korean stakeholders in the industry: the Vessel Offshore Plant Research Institute, POSCO, EK Heavy Industries, Transgas Solution, Mytek, Valmax Technology, and Seoul Line.
Construction is expected to be completed by 2021, and the vessel is planned for LNG bunkering purposes from 2023 after completing a year of sea trials.
The bunkering ship can supply more than five coastal vessels on a single charge, it notes.
“I hope that this project will successfully build the first LNG bunkering vessel in Korea to develop an infrastructure that can reliably supply LNG to domestic coastal vessels; and I hope that related industries will be revitalised,” said Lee An-ho, head of the Marine Policy Division at the Ministry of Oceans and Fisheries.
Related: Korea govt planning fuel conversion of 140 state-owned ships by 2030
Related: South Korea to launch $250 million LNG conversion pilot project
Photo credit: Busan Port Authority
Published: 8 May, 2020
The closure of the operations in Singapore and Antwerp are scheduled to take place this year.
Runji 1 is designed to handle the large waves in the Zhejiang FTZ, it features a massflow meter and can provide multiple bunker fuel deliveries to ships in a single trip.
![BP Singapore bunker trial: Court hearing adjourned to late March 2021 [Short update]](https://www.manifoldtimes.com/wp-content/uploads/2020/04/State-Courts-image-1.jpg )
Hearing was originally fixed for mention in early November, but was later delayed to take place on 8 December, AGC source tells Manifold Times.
Staff from both Total’s China arm and Zhejiang Energy confirmed development with Reuters on Friday.
LNG-powered PSVs part of growing trend as more such LNG-fuelled vessels are being built, says COSL spokesman.
Firm uses expertise in ULSFO (
OctamarTM HF-10 Plus was subjected to tests conducted at a third party lab by SGS Testing and Intertek in Singapore under the supervision of ClassNK earlier this year, according to spokeswoman.
Former Regional Marine Manager of BP Singapore issued penalty of SGD 6 million; he faces an additional 28-month imprisonment term if penalty is not paid, says Judge.
Sing Fuels claiming over total 1,049.29 metric tonnes of 380 centistokes bunker fuel delivered to bulk carrier Lila Shanghai at Port Elizabeth, South Africa in July 2019, according to court documents.
Reserve Stability Number results are ‘questionable’ as almost all additives targeting asphaltene management show effectiveness in the test, says spokesman.
Singfar International partnering Lianyungang Shenghua Shipbuilding to deliver 7,000 dwt DF bunker tankers from 2023 to support decarbonisation of the Singapore maritime industry.
GSM awarded USD 1.85 million as well as SGD 5,800; Judge finds SFM Director ‘ungrateful and dishonest in his dealings with Bernard and the plaintiff,’ according to Court Judgement seen by Manifold Times.
