South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has joined forces with its compatriot steelmaker POSCO on localizing materials for the liquefied natural gas fuel tanks.
The shipbuilder said in its statement that it applied POSCO’s 9 percent nickel steel for fuel tanks used on an LNG-fueled 180,000-ton tanker. So far, HHI imported this sort of material from overseas steelmakers but is aiming to increase the localization rate of core materials.
Last year Hyundai Mipo Dockyard used POSCO’s high-manganese steel for dual-fuel LNG vessel.
The 180,000-ton LNG-fueled bulk carrier that HHI used the 9 percent nickel steel for will be delivered to H-Line shipping in November 2020.