In December 2018, the world’s largest LNG bunker supply vessel Kairos started operations in Northwest Europe. Chartered by Blue LNG, a joint venture of the Hamburg-based LNG supplier Nauticor and the Lithuanian energy infrastructure provider KN, the ship was handed over by the owner Babcock Schulte Energy in the port of Klaipeda. The construction of the vessel started in 2016
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Hyundai Mipo Dockyard and ILSHIN LOGISTICS have successfully delivered the world’s first LNG-fueled bulk carrier under the dual-class of Lloyd’s Register (LR) and Korean Register. The 50,000 dwt bulk-carrier has also been verified to be in compliance with the International Gas Fuel (IGF) Code. The vessel is the result of a collaboration project announced in July 2016 to develop the
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Hyundai Heavy Industries stock fell by a record 29 percent today after the company announced a plan to sell 12.5 million new shares by March to create capital and hedge against a variety of struggles facing the industry. The company is the second largest ship builder in the world. Shares of Hyundai Heavy Industries’ holding company, Hyundai Robotics, and one
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