Iran Oil Flows to China Fall on Sanctions, Refinery Maintenance
Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in the world’s biggest fossil fuel importer.
South Korean shipbuilder Hyundai Heavy Industries is getting ready to test the autonomous navigation of a large LNG carrier on a trans-oceanic voyage.
The test is expected to take place later this year using a 300-meter-long LNG carrier currently under construction at a Korea Shipbuilding & Marine Engineering shipyard, the parent holding company of HHI.
The ship will use the Hyundai Intelligent Navigation Assistant System (HiNAS) 2.0, developed by KSME subsidiary Avicus, to navigate autonomously with oversight from a full crew on board.
The specific route for the voyage is still to be determined, but is expected to take place in either the Pacific or Indian Ocean.
Based on the results of the test voyage, Hyundai Heavy Industries plans to evaluate the commercial potential of the technology.
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