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[Having a fruitful meeting with 'B' company by sharing the idea on LNG bunkering system and agreed to collaborate on a feasibility study]

We, ISSAC E&C, have been making efforts to enlarge business area into LNG bunkering field. As a first step, ISSAC is going to conduct a feasibility study on LNG bunkering terminal in the Mediterranean area, the Aegean sea and Marmara sea for 6 months as a government task from Korean Ministry of Maritime Affairs and Fisheries.   

In order to discuss further in details on this business, we went on business trip to Turkey for 6 days (1st of Jan through to 6th of Jan., 2018) and had fruitful meetings with local esteemed companies who will jointly collaborate in a feasibility study. 

An esteemed Turkish company specialized in shipbuilding equipment will lead this project and ‘K’ law firm, an investment consulting company in Oil and Gas industry, will also participate as a partner.

One of the participants, 'B' company, a country owned company in energy field like KOGAS in Korea, has particularly agreed to cooperate conducting feasibility study on LNG bunkering business in Turkey.

ISSAC will conduct this feasibility study with the goal to fabricate FSRU and/or FLBT and apply this new concept of LNG bunkering system in Mediterranean and Black sea area. This new concept of LNG bunkering system is considered as the most efficient alternative to global air pollution and is expected to be in much demand globally in the near future.

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[A simple MOU signing ceremony was held at the headquarter of ‘K’ law firm in Istanbul on the 3rd of Jan., 2018]

Through this opportunity, we will be able to boost domestic shipbuilding and relevant equipment business and accumulate new technology relevant to LNG bunkering by fabrication and operation & maintenance of world first FLBT and/or FSRU.

 

 

 

 

 

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List of Articles
No. Subject Date Views
51 Awarded three prizes in TCO (Tenghiz) project file 2018.03.30 62
» Business trip to Turkey to discuss LNG bunkering business including its feasibility study in Turkey file 2018.01.10 115
49 Participated in the forum to discuss on the cooperation between big and small-medium sized companies in shipbuilding and offshore plant industry file 2017.11.27 171
48 ISSAC Technicians Participated in Total Egina FPSO Project file 2017.10.25 268
47 MOU with Geoje college for the development of LNG fueled ship and LNG bunkering business file 2017.06.05 689
46 Our honorable Inpex FPSO team file 2017.06.05 687
45 MOU on the development of LNG operator training system file 2017.04.27 738
44 CEO Interview with Korean on/offline multimedia file 2017.04.20 473
43 Collaboration agreement with Geoje College file 2017.02.17 779
42 Certificate of Noise Measurement Laboratory file 2017.02.15 562
41 ISO/IEC 17020 Certificate for Noise & Vibration Inspection on Ships file 2016.12.30 1014
40 Floating Dock Purchase file 2016.12.27 2471
39 Awarded One Million USD Export Tower file 2016.12.22 826
38 MOU with Iranian companies file 2016.11.16 730
37 ISSAC New Homepage Open!! file 2016.11.07 794
36 MOU with ARAMIS file 2016.09.08 556
35 Tiger team for Shell FLNG file 2016.09.08 955
34 Operation manual for 1st LNG bunkering vessel in Korea 2016.09.08 381
33 Workshop and 'Thank you' Seminar file 2016.09.08 415
32 MOU With KIMFT & SPIE file 2016.09.08 1788
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