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The settlement is about to develop Asyad Group’s delivery fleet to 72 tankers (supply: Asyad)
17 Jan 2023by Riviera Information
Hyundai Samho Heavy Industries to construct and ship two fifth-generation liquefied pure fuel carriers in 2026
Asyad Transport, a part of Asyad Group Oman’s world built-in logistics service supplier, has signed an settlement with South Korean shipyard Hyundai Samho Heavy Industries to construct and ship two LNG carriers in 2026.
The settlement is about to develop Asyad Group’s delivery fleet to 72 tankers, in response to the corporate, which is able to meet “the anticipated improve in demand for LNG transport and vitality logistics providers within the world market”.
“With EU Sustainable Finance Taxonomy labelling the usage of LNG as ‘inexperienced’, Asyad Transport’s alternative of funding showcases Asyad Group’s dedication to sustainability at a time when world industries, together with the maritime trade, is diverging from its dependence on conventional fossil fuels akin to coal and oil,” the corporate stated.
Asyad Transport and Asyad Drydock chief govt Ibrahim Al-Nadhairi stated the corporate is pursuing “a extra balanced and diversified fleet which is best suited to supply worldwide prospects with dependable and environment friendly options and enhances Asyad Group’s competitiveness and place as a strategic logistics companion for main world vitality gamers”.
“The fifth-generation 174,000-m3 LNG carriers meet the very best worldwide requirements of environmental and industrial sustainability, in addition to boasting 58% much less gas consumption than the older, second-generation 138,000-m3 LNG carriers. Moreover, Asyad Transport’s funding comes at a time when inexperienced vitality calls for are rising, exacerbated by worldwide geopolitical developments and the dire want for decarbonised logistics and vitality sectors,” Mr Al-Nadhairi added.
Asyad additionally cited vital new manufacturing of LNG and export capacities approaching stream in 2025/2026 in its resolution to construct the 2 LNG carriers.
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