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    Probunkers, Hyundai Sign LoI for Two LNG Bunker Vessels

Summary

Probunkers said its technical team reviewed more than thirty ship design proposals.

by: Shardul Sharma

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Natural Gas & LNG News, Asia/Oceania, Europe, Liquified Natural Gas (LNG), Security of Supply, Corporate, Investments, Gas for Transport, News By Country, Greece, South Korea

Probunkers, Hyundai Sign LoI for Two LNG Bunker Vessels

Greek Probunkers has signed a letter of intent (LOI) with South Korean Hyundai Mipo Dockyard (HMD) for the construction of two 7,600 m3 LNG bunker vessels, it said January 21 in a statement.

Probunkers said its technical team reviewed more than thirty ship design proposals to serve the purpose of the project involving organizations such as the American Bureau of Shipping (ABS), design, engineering and manufacturing companies, as well as experienced seafarers who have all followed the developments in the world of LNG as fuel.

“Having reached an initial agreement with HMD is a major milestone in our project that underlines our aim towards quality and reliability, cornerstones in Probunkers’ philosophy, while at the same time demonstrates the confidence of all stakeholders in the success of our plan and the importance of it,” Probunkers CEO, Alexander Prokopakis, said.