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New LNG carrier was named at Kawasaki shipyard

New liquefied natural gas (LNG) carrier was named today at Sakaide shipyard of Japanese Kawasaki Heavy Industries. LNG Sakura is the first vessel jointly owned by KEPCO (70 percent of stake) and NYK (30 percent). According to a 20-year charter agreement LNG  will be transported in North America and various other locations, sourced from shale gas fields. As per NYK, the Bahamas-flagged vessel will be the largest in the industry, having the 300 meter-long and dual-fuel diesel electric engine that improves fuel consumption.

​The Next in Queue for Terminals Expansion - ​Gävle, Sweden

​Local port authorities have launched a project to double the container terminal's capacity by the end of 2019​. The goal is to rise the volume of annual cargo to 600 000 TEUs, to add 1 more deck with cranes and all necessary accommodations and to deepen the berth so it could operate 4 mega-containerships at the same time. 

Gävle container terminal was incepted 10 years ago and since that time cargo turnover has been constantly rising, which served fir the final decision to invest into expansion, as Gothenburg stays mainly RORO terminal. As of the moment the project was financed with USD 85 millions.

Hyundai Builds Largest LNG Ship

South Korean shipbuilder Hyundai Heavy Industries (HHI) is set to deliver the world’s largest LNG-fuelled ship.

By the end of the year, Hyundai Mipo Dockyard will deliver a 50,000 dwt bulk carrier to Ilshin Logistics. The vessel is scheduled to transport limestone in the Korean coastal trade.

HHI has been focusing on LNG-powered ship construction. The company is close to designing a 180,000 dwt bulk carrier. 

“We believe that our work in creating environmentally-friendly designs is more of a mission than a choice, which will lead to a cleaner shipping industry and a greener world. We hope that the first beneficiary of this effort will be the shipping industry,” Hyung Kwan Kim, HHI’s Senior Executive Vice President, stated.

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