South Korean steelmaker POSCO will provide its latest Hadfield steel for the building of the world’s largest LNG bulk carrier.

POSCO will supply the self-produced Hadfield steel to the Hyundai Mipo Dockyard, where the world’s largest LNG propel bulk carrier will be built.

Hadfield steel is made with 20% manganese and is claimed to be durable under cold temperatures of up to minus 162 deg C.

The new bulk carrier is expected to be around 50,000 tons, seven times larger than the average large LNG bulk ship. It will feature an engine powered by either bunker-C fuel or LNG, according to POSCO.

The ship is scheduled for delivery by late 2017 and will carry limestone from Gangwon Province to POSCO’s Gwangyang Steelworks in South Jeolla Province, the company said.

Source: Korea Herald