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06-11-2014

South Korean Port Mulls LNG Bunkering

The Port of Ulsan is set to launch a feasibility study on LNG bunkering at the port.

The City of Ulsan, South Korea, is set to launch a feasibility study on the construction of an Liquefied Natural Gas (LNG) bunkering station at the Port of Ulsan, World Maritime News reports.

Under the plans, the feasibility study would commence in January and run to October 2015 covering areas such as demand for LNG bunkering at the Port of Ulsan, international case studies, equipment requirements, and the potential size and location of a bunkering station.

According to the report, the City believes steady demand from an increased number of LNG-powered ships could make a LNG bunkering hub at the port a success.

A new bunkering station would allow ships to refuel at sea.

It is understood that the City is planning to sign a Memorandum of Understanding with Korea Gas Corporation and Korean LNG Bunkering Consultative Group by the end of this year.

This week, plans for LNG bunkering stations at Antwerp and Dunkirk continued to develop.


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