South Korea names first LNG-powered bulkers

South Korea has named the nation’s first LNG-powered bulk carriers HL Eco and HL Green.

Besides being the the first for South Korea, the vessels are also claimed to be the world’s first LNG-fueled large bulk carriers.

The naming ceremony took place on Friday at Hyundai Samho Heavy Industries in the port city of Yeongam, the South Korean Ministry of Oceans and Fisheries said.

Furthermore, the South Korean government provided a subsidy of 9.7 billion won ($8.9 million) to support the construction of the two eco-friendly vessels, the ministry said.

Both of the 180,000 dwt dual-fuel iron ore carriers belong to South Korea’s H-Line Shipping. The vessels are 292 meters long and 45 meters wide and feature two Type C 1,600 cbm LNG tanks, each.

As of next year, they will work on a route between South Korea and Australia. They will transport about 2 million tons of iron ore and coal annually, the ministry said.

Additionally, South Korean LNG importing giant Kogas will bunker both of the ships via a ship-to-ship method. The firm will use the 7,500-cbm SM Jeju LNG2 bunkering vessel, the first such ship in Korea, for these operations.

Two more to come

Hyundai Samho is also building two additional large LNG-powered bulk carriers of the same design.

Over the period of 2018 and 2019, H-Line Shipping ordered four sister ships at the Korean yard to respond to the IMO 2020 regulation requirements.

Hyundai Samho plans to deliver the named duo by the end of this month and the other two by end-March 2022.

- Advertisements -

Most Popular

DSME cancels order for two LNG carriers

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering said it had terminated an order for two LNG carriers with...

TotalEnergies to boost LNG investments

France's TotalEnergies, one of the world's largest LNG players, will continue to make big investments in the company's...

MISC charters new LNG carrier duo to ExxonMobil

Malaysia’s MISC, a unit of Petronas, said it would charter two newbuild liquefied natural gas (LNG) carriers to a...

More News Like This

KRISO: South Korea’s first coastal LNG bunkering ship named

South Korea's EK Heavy Industries has held a naming ceremony for the country's first coastal LNG bunkering ship, according...

South Korea’s Kogas reports slightly higher sales in August

South Korean LNG importing giant Kogas reported a slight increase in its August gas sales when compared to the...

Hyundai Samho to build two LNG-powered PCTCs for about $240 million

South Korean shipbuilder Hyundai Samho has secured an order to build two LNG-powered pure car and truck carriers worth...

Knutsen takes delivery of new LNG carrier in South Korea

Norwegian shipowner Knutsen has taken delivery of a new Shell-chartered LNG carrier from South Korea’s Hyundai Samho Heavy Industries. Hyundai...