Hyundai Samho Heavy Industries (HSHI), Hyundai Heavy Industries’ shipbuilding affiliate, announced that it recently won an order to build four 114,000 DWT Ice-Class IA aframax tankers from Sovcomflot, the Russia’s state-owned shipping company.
The world’s first LNG-fueled aframax tankers, measuring 250 meters in length, 44 meters in width and 21 meters in height, are scheduled to be delivered from the third quarter of 2018 and to be chartered to Shell.
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.
An HSHI official said, “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.”
Since its first order of six 41,000 DWT bulk carriers in 1989, Sovcomflot has been maintaining close business partnership with HHI Group by ordering 65 ships in total to date.
About Hyundai Heavy Industries
Hyundai Heavy Industries (HHI), founded by the late Chung Ju-yung on March 23, 1972 wrote the first chapter of its shipbuilding history in June, 1974 by completing construction of the world's largest shipyard and two 260,000-DWT VLCCs all at the same time. A decade after its first delivery, the Hyundai Shipyard topped 10 million deadweight tons in aggregate ship production, and has maintained the leading position in the world shipbuilding market ever since. Hyundai Shipyard's drive has mirrored the growth of modern Korean heavy industry, and our success has allowed us to expand into other heavy industry areas, ultimately leading to the formation of Hyundai Heavy Industries, an integrated heavy industry company.