When South Korea’s Hyundai Mipo Dockyard delivers the Green Iris this month, the ship will not only be a showcase for cleaner fuel, but also for a key product for the country’s leading steel-maker.
The 50,000-dwt bulker will be the first built in South Korea to run on LNG, with fuel tanks made of high-manganese steel that Posco has spent 10 years developing.
