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SHI secures order for two LNG-fuelled VLCC newbuilds

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LNG Industry,

Samsung Heavy Industries (SHI) has finalised a deal worth a total of US$209.2 million with a Bermudan ship owner to build two LNG-fuelled VLCCs, which will be delivered by April 2022.

Equipped with S-Fugas, an LNG fuelling system independently developed by SHI, these vessels will comply with IMO 2020 which took effect early this year and reduce the emission of SOx by 99%, NOx by 85% and CO2 by 25% compared to diesel fuel.

Other SHI technologies, such as Energy Saving Devices (ESDs), which enhance fuel efficiency by improving rotational energy efficiency of propellers while operating, and SVESSEL, a smart ship solution, will be applied to the ships as well.

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