Korea Shipbuilding & Offshore Engineering, an affiliate of Hyundai Heavy Industries Group, has reportedly cinched a 900-billion-won (USD 827 million) contract to build six 15,000 TEU container ships powered by liquified natural gas (LNG) over the new year.
Out of the six vessels, four will be manufactured by Hyundai Heavy Industries and two by Hyundai Samho Heavy Industries. Deliveries are expected to begin in the first half of 2023.
These vessels will be equipped with LNG fuel tanks that will be large enough for the vessels to sail between destinations in Asia and Europe without being refuelled.
Korea Shipbuilding & Offshore Engineering, meanwhile, reportedly claims to have an order backlog of 50 LNG powered ships — the largest in the industry.
The Export-Import Bank of Korea’s research center pointed out in its October report that vessels ordered in 2021 will mostly consist of orders complying with greenhouse gas emissions regulations and have a positive impact on the Korean shipbuilding industry.
Photo credit: Canva
Published: 7 January, 2021
LNG bunkering was conducted safely and efficiently from a tank truck at the No. 5 quay of Shinko, Yokohama.
Toho Gas, Mitsui O.S.K. Lines, Niyac Corporation, MOL Marine Co., Nihon-Tug-Boat Co. involved in operation.
LNGPac-ILTCS has the process equipment mounted in front of the tanks, instead of the usual on top installation.
Hypatia de Alejandría to start operating at the beginning of next year after completing sea trials.
The LNG bunkering operation was the first ever within British Gibraltar Territorial Waters, it highlights.
Baleària invested USD 110 million in the vessel; it is equipped to monitor actual fuel consumption, engine efficiency and adjust navigation to optimise comfort.
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.
IBIA Asia, ABIS, sources from Singapore’s bunkering and surveying companies, and an industry veteran share with Manifold Times the issues expected from MPA’s latest Covid-19 measures.
The top three positive movers in the 2020 bunker supplier list are Hong Lam Fuels Pte Ltd (+13); Chevron Singapore Pte Ltd (+12); and SK Energy International (+8), according to MPA list.
‘We will operate in the Singapore bunkering market from the Tokyo, with support from local staff at Sumitomo Corporation Singapore,’ source tells Manifold Times.
Changes include abolishing advance declaration of bunkers as dangerous cargo, reducing pilotage fees on vessels receiving bunkers, and a ‘whitelist’ system for bunker tankers.
Claim relates to deliveries of MGO to the vessels Pacific Diligence, Pacific Valkyrie, Pacific Defiance, Crest Alpha 1, and Pacific Warlock between March 2020 to April 2020.
