ABS AIP for next generation liquified CO2 carrier JDP designs

Sep 23 2021

Liquefied CO2 carrier designs by Hyundai Mipo Dockyard (HMD) and Korea Shipbuilding and Offshore Engineering (KSOE) have been granted Approval in Principle (AIP) by ABS and the Republic of the Marshall Islands (RMI) Maritime Administrator.

Presented at the Gastech 2021 Conference, the AIP is the culmination of a six-month joint development project (JDP) between ABS, HMD, KSOE and RMI to research and develop next generation liquefied CO2 carrier designs.

HMD developed a cargo containment system optimized for liquefied CO2 based on its existing gas carrier construction experience, while KSOE developed a cargo handling system with new technology to maintain a stable state without carbon dioxide being emitted into the atmosphere. ABS and RMI granted AIP, verifying the suitability of IGC Code, Class requirements and flag regulations for liquefied gas carriers.

“Carbon capture, utilization and storage is a rapidly developing technology with the potential to contribute significantly to global decarbonization ambitions. Shipping needs to be ready to play its part in the developing carbon supply chain with vessels capable of safe and efficient transport of CO2. ABS is the leading Class for gas carriers and this means we are well placed to support development of these vessels,” said Georgios Plevrakis, ABS Director, Global Sustainability.

“The response to climate change will be a new opportunity for the shipbuilding industry. Through this development of a liquefied CO2 carrier, we will further enhance our competitiveness in the future eco-friendly shipbuilding market that leads carbon neutrality," said Y.J.Nam, HMD Executive Vice President.

“This is the first step for realizing a CO2 carrier, but I believe that the achievement of this JDP is a big step towards commercializing a CO2 carrier. This is because our new design can provide a safe and cost-effective solution for CO2 shipping, which can be an important part of the CO2 value chain,” said Byeong-Yong Yoo, KSOE Vice President.

“The Republic of Marshall Islands Maritime Administrator is committed to supporting efforts to achieve global decarbonization goals. The liquid CO2 carrier is a critical component to carbon capture, utilization and storage strategies that will directly contribute to the ongoing global energy transition.  We are pleased that the RMI Maritime Administrator’s environmental stewardship is being recognized and how the gas and technical teams played a pivotal role in the completion of this development project,” said Thomas Blenk, Deputy Commissioner of Maritime Affairs.


Related News

V.Group joins forces with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

(Nov 18 2021)

GLOBAL ship management company V.Group has reinforced its commitment to decarbonisation of the shipping industry by launching a dedicated ‘Sustainability & Decarbonization’ department and entering a strategic partnership with Mærsk Mc-Kinney Møller C...

MAN Energy Solutions wins order for efficient HyProp ECO system

(Nov 18 2021)

Leading German operator of chemical tankers chooses integrated, MAN propulsion solution.

CMA CGM and ENGIE: a strategic industrial partnership to decarbonize shipping

(Nov 11 2021)

The CMA CGM Group, a world leader in shipping and logistics, and ENGIE, global player in the field of renewables and energy solutions, have committed to working together to advance the energy transition by championing the industrial-scale production ...

ABB and Hyundai Global Service offer engine optimization to cut ship emissions

(Nov 04 2021)

Hyundai Global Service (HGS), the aftercare division of shipbuilder and engine maker Hyundai Heavy Industries, has teamed up with ABB Turbocharging to offer an engine part-load optimization (EPLO) service for shipowners seeking to cut emissions in li...

Demonstration project for vessels with domestically produced ammonia-fueled engine

(Oct 29 2021)

NYK Line, Japan Engine Corporation, IHI Power Systems Co., Ltd., and Nihon Shipyard Co., Ltd. (i.e., “the Companies”) are pleased to announce that Japan’s New Energy and Industrial Technology Development Organization (NEDO) has approved the Companies...

Oct-Nov 2021

Behavioural competency assessment - crew mental health - Ardmore Shipping - understanding CII - rotor sails - aft peak tank ballast