USC develops LNG-fuelled powerships

Russia's United Shipbuilding Corporation (USC) is working on a new project to build power-generating vessels fuelled by LNG.

It has teamed up with domestic designer Korall CDB to develop units with electrical capacity of 40MW and 80MW, IAA PortNews cited USC president Aleksey Rakhmanov as telling reporters.

Capital investment per kW is estimated at between $1,200 and $1,300 - comparable to conventional energy projects, the group said.