Hyundai Merchant Marine (HMM) could be poised to order the world’s first LNG-powered VLCCs, according to the shipowner.

It said it is considering using the environmentally friendly fuel to power the ships as part of a wider use of eco-friendly technology in the ship’s design.

TradeWinds reported on Monday that HMM had signed a letter of intent with DSME to build five VLCCs with an option of five more vessels.