Korea LPG Association announced for the execution of an MOU for “LPG (Liquid Petroleum Gas) Ship Bunkering Hub and Infrastructure development” at Korea Mariners Center in Busan, reported Pulse News.
Introduction of the “eco-friendly LPG fueled ship” is near with the ship development completed and is expected to see it next year in Korea, which reduces the emissions of SOx, NOx and PM and other toxic materials significantly.
The report said that the Association has signed a contract to develop a bunkering hub and related infrastructure to feed LPG-fueled vessels on the sea. LPG bunkering is the process of transferring liquefied petroleum gas to a ship for use as fuel.
“Once the project is completed, Korea will have established the world’s first LPG bunkering hub and can position well for the market to supply LPG as marine fuel. LPG industry has cooperated with GE and other partners since 2016 for the development of LPG fueled ships,” said a statement from the Association.
Participating companies are GE with gas turbine engine technology, Hyun-Seong MCT, which is leading LPG ship project, YoungSung Global as a ship operator, Far East Ship Design & Engineering as a ship design company, Dintec as a ship management company, Answer as a supplier of FGSS (Fuel Gas Supply System) and Tank, Bureau Veritas, French classification, Yuil as a shipyard.