South Korea has taken delivery of the world’s first LNG- fuelled bulk carrier. Ilshin Green is the result of a collaboration project to develop the first in a new generation of environmentally-friendly LNG-fuelled bulk carriers.
The ship has a Type ‘C’ LNG fuel tank with a capacity of 500 cubic meters made of austenitic high manganese steel and located on the aft mooring deck. The material has a high manganese content and is specially designed for cryogenic LNG and liquefied gas storage applications. The properties and characteristics of the high-manganese steel, as well as the required welding technology and fuel tank design, have been proven suitable for cryogenics with the approval of LR, the classification society said.
Lloyds Register have confirmed that Ilshin Green was transferred from Hyundai Mipo Dockyard to Ilshin Logistics. With a dual class of Lloyd’s Register and Korean Register, the 50,000 dwt bulk carrier has also been verified to be in compliance with the International Gas Fuel (IGF) Code.
LR granted the certification of High Manganese Steel Welding Consumables, Welding Procedure Approval and Material Approval for the ship in July 2017.
JT Lee, LR’s Chief Representative & Marine Manager for Korea, said:
“I am very excited and proud to see the successful delivery of the world’s first 50,000 dwt LNG-fuelled bulk carrier with contribution from LR for the certification and approval (…) The successful delivery of the vessel should be a significant indication to the market of a reasonable and solid solution to the preparation for emission compliant eco-friendly designs,”
Flying the flag of South Korea, the 31,000 gross-ton Ilshin Green Iris has a market value of USD 22.25 million, according to data provided by VesselsValue.