Hyundai, KSS Line Enter Green Ship Deal

Image Courtesy: Hyundai Heavy Industries

Hyundai Heavy Industries’ (HHI) subsidiary, marine services provider Hyundai Global Services (HGS), signed a Memorandum of Understanding (MOU) for eco-friendly ship business with Korean shipping company KSS Line.

Under the deal, the two companies said they would join forces to retrofit the medium-sized liquefied petroleum gas (LPG) carriers owned by KSS Line with exhaust gas cleaning system.

Ships equipped with the system will be able to meet the International Maritime Organization’s (IMO) sulfur emission cap of 0.5% even with bunker-c oil, cheaper than marine gas oil, and thus will be able to lower fuel costs, according to HHI.

A task force team, operated by the companies, will be conducting basic engineering of the system starting this month, while detail engineering is scheduled to be finalized by the end of 2017. HHI forecasts that more than 15,000 ships will have the system onboard by 2020.

Additionally, HGS also entered into a strategic partnership with Sweden-based Alfa Laval for retrofitting ballast water treatment systems.

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9th Annual Coasts and Marine Structures 2017 Conference

Discover Best Practise Strategies for Design, Planning, Construction and Asset Management

To remain competitive, Australian port operators must plan, design, manage and maintain their assets more creatively and proactively to meet future demands and drive profitability.

With this in mind, the Coast and Marine Structures Summit 2017 will focus on key considerations relevant to ensuring your existing assets are maximised and prepared to accommodate bigger vessels.

Hear from 20+ global experts including Maritime/Coastal Engineers, Contractors, Port Authorities and more, including GHD (USA), Indonesian Port Corporation (Asia), G-Group Consulting (New Zealand), Ausenco (Australia), Port Authority NSW (Australia), to name a few.

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- Innovative planning and design of ports to create efficiencies that drive profit
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- Strategies to shift organisational culture and mindset from asset management to asset maintenance
- How you can leverage technology to increase the efficiency of your marine structures
- Case studies on retrofitting, expanding and upgrading your ports in cost-effective ways

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