Hyundai Merchant Marine received a phone call from the Norwegian offshore classification society DNV in May that provided a tempting offer. It asked whether the Korean logistics company would be interested in remodeling a ship to save fuel. Hyundai was immediately interested as it has been looking for ways to improve fuel efficiency amid the drawn-out recession and create more efficient vessels that would benefit clients.
Employees at Hyundai Merchant Marine and DNV jointly developed the idea of ship “plastic surgery” as an innovative way to save fuel. Korean companies from shipbuilders to construction equipment manufacturers are waging a so-called “war on fuel,” and the unique technique is how Hyundai Merchant Marine plays its part. It became the first company in Korea and the second in the world to successfully modify a part of a vessel to raise its fuel efficiency.
For full article, see Joongang Daily.