H-Line Shipping Tied to LNG-Fueled Bulker Order

South Korean shipping firm H-Line Shipping has been linked to an order for two vessels at a compatriot shipyard.

According to broker reports, the company placed an order for two 180,000 dwt bulk carriers with Hyundai Heavy Industries.

The price of the units, which would be fueled by liquefied natural gas (LNG), was not unveiled.

The vessels are scheduled to join their owner in 2020.

Following delivery, the bulk carriers would start working under a time charter agreement for South Korea’s steel maker Posco.

World Maritime News Staff