South Korean shipbuilder Hanwha Ocean and classification society Bureau Veritas Marine & Offshore have launched a joint development project to work on a 174,000-cbm membrane-type LNG carrier design.
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Taiwan’s Yang Ming Marine Transport has signed a shipbuilding deal with South Korea’s Hanwha Ocean for the construction of six LNG-powered containerships.
South Korean shipbuilder Hanwha Ocean said on Monday that mid- to long-term demand for LNG carrier newbuildings is driven by higher ton-mile demand from stronger energy security policies and LNG supply diversification toward the US and other exporters amid Middle East disruptions.