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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
Notice BWTS, SOx Scrubber Retrofit _ 사업참여의향서 작성 file 2018.10.25 607
15 ISO/IEC 17020 Certificate for Noise & Vibration Inspection on Ships file 2016.12.30 1356
14 Certificate of Noise Measurement Laboratory file 2017.02.15 783
13 Collaboration agreement with Geoje College file 2017.02.17 870
12 CEO Interview with Korean on/offline multimedia file 2017.04.20 585
11 MOU on the development of LNG operator training system file 2017.04.27 838
10 Our honorable Inpex FPSO team file 2017.06.05 1013
9 MOU with Geoje college for the development of LNG fueled ship and LNG bunkering business file 2017.06.05 888
8 ISSAC Technicians Participated in Total Egina FPSO Project file 2017.10.25 615
7 Participated in the forum to discuss on the cooperation between big and small-medium sized companies in shipbuilding and offshore plant industry file 2017.11.27 527
» Business trip to Turkey to discuss LNG bunkering business including its feasibility study in Turkey file 2018.01.10 633
5 Awarded three prizes in TCO (Tenghiz) project file 2018.03.30 597
4 Sports event for ISSAC Shinhan TCO piping team file 2018.05.21 856
3 Valuable time with Gurdesan from Turkey file 2018.07.27 680
2 [Excerpt from a newspaper] ISSAC E&C aggressively enlarges their business into BWTS & SOx Scrubber Retrofit fields file 2018.10.22 451
1 Partnership Agreement with a major partner in China and 3 Chinese shipyards for SOx scrubber and BWMS retrofit 2019.01.18 248
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