Hyundai Heavy Industries’ spin-off company Hyundai Global Services has signed a memorandum of understand with KSS Line to enter an eco-friendly ship business.
- Medium size liquid petroleum carriers owned by KSS will undergo retrofitting of exhaust gas cleaning systems to meet the IMO’s global sulphur cap of 0.5% come 2020, using standard and cheaper bunker fuel.
- MoU will see companies operate a task force team carrying out basic engineering of the EGCS.
- KSS will analyse the fuel savings of the system using internal voyage data from the retrofitted ships and will conduct a feasibility study of the joint venture.
Image courtesy of HHI. LPG carrier Gas Star, the first to be retrofitted with the EGCS.
Read more about the partnership via Hyundai’s press release.
Fathom-News
editor@fathom-mi.com
