Jan 12 (LNGJ) - South Korea, the largest builder of LNG carriers to transport the fuel worldwide, is increasing its own domestic fleet of LNG-powered ships and is offering grants of up to 20 percent for ship owners to convert. The Ministry of Oceans and Fisheries said that 39 small ships fuelled by LNG are expected to be completed at local shipyards in 2021, including 23 vessels to be used by Korean government agencies. The Ministry noted that two LNG bunkering ships were also on order.
Korean LNG move
Written by John McKay
Tuesday, 12 January 2021
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