Very large ammonia carriers (VLACs) project, South Korea
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Name of the Project
Very large ammonia carriers (VLACs) project.
Location
The vessels will be built at Hanwha’s Geoje shipyard in South Korea.
Project Owner/s
Naftomar Shipping and Trading Co.
Project Description
The project involves the construction of four VLACs, each capable of transporting 93 000 m3 of ammonia, making them the largest vessels of their class in the world.
The VLACs will be equipped with Hanwha Ocean’s shaft generator motor systems and smart ship platforms.
They will also be equipped with an ammonia dual-fuel engine, which will enable the shipowner to convert the carriers to use ammonia propulsion in the future. To meet current and projected greenhouse-gas emissions regulations, these new-build vessels will also incorporate an ecofriendly design with enhanced efficiency.
Potential Job Creation
Not stated.
Capital Expenditure
The contract is valued at $500-million.
Planned Start/End Date
The vessels will be delivered from 2026.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Hanwha Ocean (VLACs construction).
Contact Details for Project Information
Naftomar Shipping and Trading Co, tel +30 21 0891 4220 or email shipping@naftomar.gr.
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