A liquefied natural gas (LNG) powered bulk carrier named Green Iris has been launched at the Hyundai Mipo Dockyard on 22 December.
The Green Iris will be used to transport limestone used by South Korea’s POSCO, from the East Sea port of Gangwon Province to its Gwangyang Works facility from the beginning of 2018.
The 50,000 deadweight tonne (dwt) vessel is currently the ‘largest’ in existence, says the multinational steel-making company headquartered at Pohang.
It noted the vessel’s LNG fuel tanks to be made of high manganese steel, which has never been done before.
“The high manganese steel used in the fuel tank of this ship is able to withstand temperatures of -196 degrees celcius, which is not only suitable for storage and transportation of LNG but also has excellent weldability compared to nickel steel and aluminium alloy,” says POSCO.
It is the first time high manganese steel has been used in such an application, after 10 years of research since the late 2000 period.
According to POSCO, more than 50 people attended the vessel launch event, including representatives from the Ocean Policy Department, Industry and Commerce Ministry of Industry and Commerce, Hyundai and Ilshin Logistics.
“In recent years, the demand for LNG tanks is expected to increase dramatically as international shipbuilders are expected to increase the amount of LNG-propelled vessels by strengthening environmental regulations on ships' emissions of sulphur oxides, nitrogen oxides, and carbon dioxide,” notes POSCO.
Manifold Times reported Korean yard Hyundai Heavy Industries (HHI) organising a technology briefing session in mid-December to unveil the design of a 180,000 and 250,000 LNG-propelled bulk carrier.
Photo credit: Ministry of Commerce, Industry and Energy
Published: 26 December, 2017
This favorable decision for GTT is currently being reviewed by the Supreme Court of Korea as the KFTC has appealed against it on January 14, 2020.
Agreement with Swedegas falls into the company’s plans to expand its maritime LNG services, says Gasum.
First LNG bunkering operation in new cooperation was carried out for research vessel Atait on 6 February.
‘The idea behind these discounts for shipowners is to attract the cleanest ships, which in turn, helps improve air quality at our port,’ said Head of Environment.
Study outlines commercial benefits for 210K DWT Ore Carrier on a basis over 10 years along Australia China route.
Up to 1.8 million tonnes of LNG per year will be supplied from 2023; each cargo delivered will have a statement of GHG emissions measured from well to discharge port.
Fast Energy Sdn Bhd is currently exploring collaboration with a major Malaysian bunker supply firm operating at Port Klang; the operation will be supported by CCK Petroleum upon finalisation.
Veritas Petroleum Services records numerous contaminants such as plastic, fibres, black gum, paraffins, fatty acids, and other component found in the off-spec RMK 700 marine fuel.
Course includes topics on valid and binding transactions; quality or quantity disputes; shipping issues; contract termination; claims; insolvency and others. Registration closes 25 February 2021.
All bunker vessels that have received the necessary clearance for out of port bunkering operations may do so at the stated Tompok Utara coordinates only or risk penalty, according to the MMEA.
The COVID-19 pandemic continues to evolve and MPA is working closely with other agencies to monitor the situation, both globally and in Singapore, the port authority tells Manifold Times.
Caroline Yang, President of SSA, addresses issues earlier raised by players; including PMC No. 04, the seven-day restriction, contactless bunkering, sampling point, hose connection, and more.
