Cryostar and Hyundai Global Service will co-operate to provide a service to retrofit LNG carriers and FSRU vessels with systems and equipment to reduce CO2 emissions.
In particular, the two companies have teamed up to provide turnkey solutions and energy saving devices to shipowners wanting to improve efficiency and compliance of their vessels, considering that GHG pricing mechanisms such as EU-ETS with FuelEU maritime regulations to lower GHG intensity of fuel itself, will be introduced as basket measures from 2023.
HGS and Cryostar are confident that their combined expertise will provide safe, simple and economical solutions for vessel upgrades to meet the current and future environmental and operational challenges facing some of the existing LNG fleet.