SOUTH Korea's leading shipper HMM has signed a memorandum of understanding (MOU) with
the Korea Bio Energy
Association, Hyundai Heavy Industries Co, Korea
Shipbuilding & Offshore Engineering Co, and the
Korean Register of Shipping
in a move to strengthen its efforts to reduce the
emission of greenhouse gases from its ships.
HMM said it expects bio heavy oil to be designated
for use on its vessels through additional R&D since it has similar
properties to existing ship fuels.
Under the terms of the MOU, HMM will pursue
cooperation in the establishment of bio heavy oil quality standards and a fuel
supply system. To this end, the company plans to test the use of bio heavy
oil-mixed fuel for its 13,100 TEU-class container ship currently in operation.
Hyundai Heavy and Korea Shipbuilding will be
responsible for in-land testing of bio heavy oil by establishing related test
facilities, reports Korea Bizwire.
Source : HKSG.
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