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Two six-year-old, 174,000 cu m Korean LNG carriers have anchored within the layup waters of Labuan in Malaysia having remarkably by no means entered the fuel trades because of defective containment programs. South Korean media counsel the SK Transport vessels – the SK Serenity and SK Spica – are actually more likely to be bought for scrap.
Final December a courtroom in London dominated that South Korean shipbuilder Samsung Heavy Industries (SHI) ought to pay the shipowner $290m to SK Transport on account of defects within the cargo holds of two fuel carriers. The ships had been ordered 9 years in the past, and made headlines on the time, as they had been the primary to function a brand new Korean-developed KC-1 membrane system. Regardless of a number of repairs, the containment programs had been discovered to be defective and the ships by no means traded.
Koreans have been attempting to develop their very own fuel containment programs for years to keep away from paying sizeable charges to France’s GTT, the world’s dominant supplier of membrane fuel containment programs for ships buying and selling immediately.
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