Sovcomflot Orders Four LNG-Fueled Aframaxes in Korea

Image Courtesy: Hyundai Heavy Industries

The Russian state-owned shipping company Sovcomflot has placed an order for the construction of four 114,000 dwt Ice-Class IA Aframax tankers at South Korean yard Hyundai Samho Heavy Industries (HSHI).

Featuring 250 meters in length, 44 meters in width and 21 meters in height, the world’s first liquefied natural gas (LNG)-fueled Aframax tankers are scheduled to be delivered from the third quarter of 2018.

The vessels, which will be built under a USD 240 million deal, are scheduled to be chartered to the oil and gas giant Shell.

A Shell spokesperson earlier confirmed to World Maritime News “that Shell and SCF Group are working on a marine LNG fuel supply arrangement.”

By running on LNG, the Ice-Class IA tankers can emit 90% less SOx, 80% less NOx, 15% less CO2 along with 50% reduced engine noise, according to the shipbuilder.

“We believe the winning of the world’s first LNG-fueled aframax tankers is the proof of our world’s leading eco-friendly shipbuilding technology. As the demand for eco-ships increases with tightening environmental regulations, we will further accelerate our efforts to win eco-ship orders,” an HSHI official said.

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Breakbulk Europe 2017

For more than a decade, Breakbulk Europe has served as the networking hub for industry professionals who do business in Europe — or would like to! Exhibitors and sponsors include cargo owners, ocean carriers, freight forwarders, ports/terminals, heavy haulers, equipment companies and more that are involved in this specialized industry.

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Ferries Asia Summit

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Ferry travel is in the limelight. The potential for driving tourism growth is immense – and for archipelago nations battling with urban congestion, ferry services pose a clean, efficient alternative in everyday public transport. But high-profile ferry accidents have brought ever greater attention to safety regulations for Asia’s maritime travel industry.

Amid these circumstances, how can vessel operators cope with ever-tightening safety requirements, while making the right decisions at the right time to capture rising demand? What are the smartest ways to improve service reliability and fleet quality, that maximize operating and capital spend? What are the industry’s best-practices for sustainable growth, and how can they be achieved?

Play your part! Join us at the Ferries Asia Summit 2017 to push forward the regional debate on making Asia’s ferry industry more progressive, safe, and commercially sustainable. Bringing together fast-ferry, RO-RO and ROPAX vessel owners along with international and domestic maritime regulators, classification agencies, shipbuilders and naval architects, this event connects the entire value chain for a meaningful holistic debate on ferry operations excellence in Asia.

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Comprehensive debates on addressing the complexity of ferry safety in Asia: Is vessel age truly the greatest concern? How significant are other factors, and how can they be addressed?

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INMEX Vietnam 2017

The event is an exceptional meeting point for the global maritime community in Vietnam, a region where the industry remains buoyant and strong…

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Singapore Maritime Week 2017

Singapore Maritime Week (SMW) is the leading maritime event in Singapore. Driven by the Maritime and Port Authority of Singapore (MPA), SMW…

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