South Korea Aims to Build World’s largest LNG Fuelled Vessel

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According to Yonhhap, South Korea intends to launch a pilot program to build the world’s largest vessel fuelled by liquefied natural gas (LNG).

The move comes in anticipation of the industry’s shift towards green shipping. In January this year, the government launched a task force made up of local companies to develop the emerging marine transport sector to comply with the International Maritime Organization’s sulfur cap on bunkers, set to be enforced in 2020.

Kang Joon-suk, the vice marine minister, said, “This pilot program is aimed at building the world’s largest LNG-propelled ship, which is expected to pave the way for related industries to take root in the nation,”

“We will expand support for LNG-powered vessels to help benefit the nation’s overall marine industry.”

South Korean Ministry of Oceans and Fisheries said it will join forces with local shipyards, builders and state institutes to develop a class of 180,000-ton LNG-propelled vessels.