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Probunkers signs LOI with Hyundai for construction of two LNG bunker vessels

22 Jan 2020

LNG bunker provider Probunkers on Tuesday (21 January) announced it has signed a Letter of Intent (LOI) with South Korean yard Hyundai Mipo Dockyard (HMD) for the construction of two units of 2,684 metric tonne (mt) capacity liquefied natural gas (LNG) Bunker Vessels.

Probunkers’ technical team reviewed more than 30 ship design proposals to serve the purpose of the project of optimising LNG as fuel, it said. 

The company has involved the American Bureau of Shipping (ABS), design, engineering, manufacturing companies, and experienced seafarers, in the reviewing process. 

“Having reached an initial agreement with HMD is a major milestone in our project that underlines our aim towards quality and reliability, cornerstones in probunkers’ philosophy, while at the same time demonstrates the confidence of all stakeholders in the success of our plan and the importance of it,” commented Probunkers CEO Alexander Prokopakis.

“HMD is also among the very few yards which can demonstrate experience in the new field of LNG bunker ship design and construction.”


Photo credit: Probunkers
Published: 22 January, 2020

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