LNG Carrier Longevity Study Contract for LR

Press Release
Wednesday, April 10, 2013
HDOS LNG Carrier: Photo courtesy of Hyundai Ocean Service

Hyundai Ocean Service contract Lloyd’s Register Marine Consulting to assess the service lifetime of their vessel 'Hyundai Utopia'.

The study concerns the 1994 built, 273m long, 71,909 dwt, LNG Carrier Hyundai Utopia (IMO 9018555).

The President of HDOS, Taek-Gyu Lee, met with Lloyd’s Register’s Korea Chief Representative, Soo-Young Lee in Busan to sign the contract during a special ceremony at the HDOS office at Busan, Korea. The HDOS president said: “We know that charterers of LNG ships are quite understandably concerned whether older ships can be relied on to remain in service before signing up for new long-term charters of the type common in the LNG business.”

“There is a high risk that without appropriate experience, expertise and a documented database the Longevity Study may invite serious trials and errors, resulting in double effort and possible unexpected/excessive refurbishment cost and time due to the project complexity.”

“HDOS respects Lloyd’s Register’s known strengths are mainly the vast experience and know-how gained through a number of similar projects in the past, having worldwide specialists who have the experience and knowledge basis for conducting such a project to suit HDOS requirements.”
“I believe that this independent study is the key to the overall success of the business between HDOS and the Korea Gas Corporation. It is the only way to ensure that safety standards are maintained throughout the operation of the vessel.”

“This contract will help HDOS to gain confidence and reputation with charterers by publicising that their vessel has gone through a Longevity Study,” added SY Lee, Lloyd’s Register’s Chief Representative in Korea.

 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Wärtsilä Expects 5% Sales Growth

Wärtsilä announced its third quarter results, reporting that it sees good development in order intake and profitability. According to Wärtsilä, third quarter

U.S. Shipbuilding: ESG Nabs Two Z-Drive Tug Contracts

Eastern Shipbuilding (ESG) said that Suderman & Young Towing Company and Bay Houston Towing Company each exercised one additional Z-Drive Tug to be built at ESG.

Nordic Wins with Noble

Nordic Maritime, a leading offshore service operator, today announced a five year time charter for its DP2 IMR Subsea vessel, Mokul Nordic, which has been awarded by Noble Energy,

LNG

VT Halter Begins Building LNG-powered ConRo Ships for Crowley

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered,

Russian Minister to Intervene with Gazprom on Slovakia Gas Flow

Russia's Energy Minister Alexander Novak will intervene with Gazprom to raise reduced gas shipments to Slovakia to contracted levels, Slovakia's economy ministry

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

Vessels

Bright Outlook for BWM Convention

The Danish Maritime Authority informed that the Ballast Water Management Convention is now one step closer to ratification following last week’s meeting of United

Chief of Naval Personnel Visits Naval Special Warfare

Chief of Naval Personnel (CNP) Vice Adm. Bill Moran visited Naval Special Warfare (NSW) Sailors during an all hands call on Joint Expeditionary Base Little Creek-Fort Story, Oct.

FMT Orders Another Towboat from Eastern Shipbuilding

Eastern Shipbuilding Group, Inc. is pleased to announce that Florida Marine Transporters, Inc. of Mandeville, LA exercised another additional 90’x32’x10’ “Canal

Classification Societies

ClassNK Completes Work on KOTC Vessel

ClassNK announced that it has completed work on the 31,445GT Product Tanker MUTRIBA, built by Hyundai Mipo Dockyard Co., Ltd. (HMD) as part of a series of vessels

KOTC Takes Delivery of Product Tanker Mutriba

Classification society ClassNK said it has completed work on the 31,445 GT product tanker Mutriba, built by Hyundai Mipo Dockyard Co., Ltd. (HMD) as part of a series

ClassNK's Guidelines for Exhaust Gas Cleaning Systems

Leading classification society ClassNK announced that it has released Guidelines for Exhaust Gas Cleaning Systems. These guidelines cover class safety requirements

 
 
Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1284 sec (8 req/sec)