Tanker Rates Skyrocket To Fill Colonial Pipeline Shortages
By Elizabeth Low (Bloomberg) Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on...
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a marine engine manufacturer, announced today that it has developed a new system to re-liquefying boil off gas (BOG) from a membrane-type LNG containment tank which can then be used as fuel for the vessel.
Unlike conventional systems which HHI says only partially re-liquefy BOG, their newly developed Gas Management System can re-liquefy 100 percent of the BOG and re-store it in the LNG tank for future use as fuel. The system is composed of an MAN ME-GI diesel engine, a BOG high-pressure compressor, a BOG re-liquefaction system, an LNG fuel gas supply system (FGSS) and Hyundai integrated gas supply system (Hi-GAS).
HHI says that two 176,000 m³ LNG carriers currently under construction for Knutsen will feature this new gas treatment system. The ships are scheduled to be delivered in 2016.
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