Hyundai Samho Heavy Industries, Hyundai Heavy Industries’ shipbuilding affiliate, has 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 (820 feet) in length, 44 meters (144 feet) in width and 21 meters (69 feet) in height, are scheduled to be delivered from the third quarter of 2018 and to be chartered to Shell. The deal is reported to be worth $240 million.
By running on LNG, the Ice-Class IA tankers can emit 90 percent less SOx, 80 percent less NOx, 15 percent less CO2 along with 50 percent reduced engine noise.
Since its first order of six 41,000 DWT bulk carriers in 1989, Sovcomflot has ordered 65 ships from Hyundai Heavy Industries.