NEWS category – Page 321

Samsung Heavy, ABS Team Up on Next-Generation LNG Carrier

The carrier will incorporate smart-ship technologies and advanced air lubrication system for improved efficiency.

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The secondhand purchase would be 33% funded by new Pacific Basin shares to be issued to the ships’ sellers.

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The 165,000 cbm jumbo ethane/ethylene carriers would have IMO Type B cargo tanks made of Hi-MN steel.

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LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry.

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The company took numerous steps and has invested in reduction of the carbon footprint at its four terminals.

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