POSCO to provide high manganese steel for LNG-powered bulk carrier
Published by David Rowlands,
Editor
LNG Industry,
POSCO has announced that its high manganese steel will be used in the fuel tank of an LNG-fuelled bulk carrier under construction by Hyundai Mipo Dockyard. The steel contains approximately 20% manganese, which helps it to store LNG at temperatures of -162°C. POSCO will commence the supply of the steel in 3Q16.
The new vessel will be capable of carrying 50 000 t of freight. It will also feature an energy-efficient, eco-friendly, dual-fuel capable engine. This engine will be able to operate on both bunker C oil and LNG. POSCO claims that the vessel will be completed by the end of 2017. As of 2018, it will carry limestone for POSCO from Gangwon-do to Gwangyang (South Korea).
POSCO added that, based on a close relationship with domestic shipbuilders – including Daewoo Shipbuilding & Marine Engineering (DSME) – it will make joint efforts to establish a global, overseas market for its high manganese steel.
Edited from press release by David Rowlands
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07072016/posco-to-provide-high-manganese-steel-for-lng-powered-bulk-carrier-2712/
You might also like
PNG LNG project finance facility repaid in full
Santos has announced that the PNG LNG joint venture has accelerated the final repayment under the PNG LNG project finance facility, bringing the facility to a close.