Busan to build LNG bunkering facility

摘要

An LNG bunkering terminal will be up and running in Busan New Port by 2020. South Korean shipping company Polaris Shipping is to build the facility, which will require a KRW600 billion (USD500 million) investment. The terminal will occupy a 185,700 m~2 site in Busan New Port and will have four berths and two LNG storage tanks. Although cheaper heavy fuel oil or CST380 fuel is still widely used in international waters, cleaner fuel or treatment systems are now compulsory in emissions control areas (ECAs).