Hyundai enters ‘green’ retrofit trade
Hyundai Global Services (HGS), the marine services company of Hyundai Heavy Industries (HHI), has entered into the 'green' retrofit market.
HGS and ship-owner KSS Line have signed a memorandum of understanding (MOU) on retrofitting ships with abatement technology. HGS and KSS Line will join hands to retrofit medium-sized LPG carriers owned by KSS Line with exhaust gas cleaning system, according to the MoU.
The ships equipped with the exhaust gas cleaning system will be able to meet IMO’s fuel sulphur content cap of 0.5% even with the burning of heavy fuel oil, allowing the ships to control cost on bunker bills while meeting IMO regulations.
HHI and KSS Line will start off by forming a task force team to delve into the basic engineering of the system before finalising the detailed engineering by the end of this year.