Newbuild Supertanker Orders Hit Record High, Surpassing 2008 Peak
The world’s shipowners have placed orders for a record number of new oil supertankers, surpassing a boom back in 2008 that ultimately led to a glut and a collapse in rates.
Hyundai Heavy Industries today handed over a 317,000 DWT VLCC to Oman Shipping Company (OSC).
The ship, measuring 333 meters in length, 60 meters in height and 30.4 meters in depth, is the first VLCC with the new electrolysis ballast water treatment system that can treat as much as 100,000 ton ballast water.
IMO (International Maritime Organization) mandates that all new ships to be delivered from 2012 and all ships operating on the seas from 2017 must have ballast water treatment system installed. Driven by international regulations, the market for ballast water treatment system is predicted to grow to over $30 billion.
Beside this eco-friendly ballast water treatment system, Hyundai Heavy has also taken the lead in developing green marine technologies such as high output eco-friendly marine engines, a 3,000 ton hybrid petrol vessel, and ballast water treatment systems consisting of a filter and UV sterilizing system.
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