South Korea will support a business building an LNG bunkering ship with 15 billion won (US$12.4 million). The country plans to financially support the business building the bunkering ship by covering about 30% of the total cost.
CGR Arctic Marine along with Wuzhou Shipbuilding and Merchant Ship Design & Research Institute (SDARI) inked an agreement for the design and establishment of a 6.000 cbm LNG bunkering vessel. Through the construction of the LNG-bunkering vessel, CGR Arctic Marine aims to expand its operations in southeast Asia and South America.
