Lloyd’s Register has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for its new generation 174,000 cbm Liquified Natural Gas Carrier (LNGC) and an ammonia-fuelled 9,300 TEU container vessel.
Both the announcements were made on 19 September at Gastech 2024, taking place in Houston, USA.
174,000 cbm Liquified Natural Gas Carrier
Under the agreement, SHI will carry out the design for the LNGC and Lloyd’s Register will provide the review of SHI deliverables and technical advice for further design development.
With global demand for LNG expected to increase between 25-50% by 2030 and the current vessel orderbook showing a record list of 270 LNG carriers on order – almost 40% of the existing fleet – facilitating the construction of new generation LNG carriers, along with the onward transportation of LNG, is crucial if the industry is to fulfil its supply demands.
Sung-Gu Park, President – North East Asia, Lloyd’s Register, said: “There is a growing demand for vessels which incorporate innovative technologies that are pivotal for the maritime energy transition.
“This AiP signifies Lloyd’s Register position at the forefront of meeting the maritime sector’s need for innovative design development and approval for LNG carriers.”
Hae Ki Jang , CTO & EVP of SHI, said: “SHI is leading the design and development of LNG carrier technology, which offers enhanced efficiency solutions to our global customers to meet ever increasing shipping demand. Our continued collaboration with Lloyd’s Register will extend the project into further exciting phases of engineering and development.”
ammonia-fuelled 9,300 TEU container vessel
Under the agreement, SHI will carry out the design for the ammonia-fuelled container vessel and Lloyd’s Register will provide the review of SHI deliverables and technical advice for further design development.
With the urgent need for sustainable fuel solutions in the maritime industry, this project will contribute to wider efforts aimed at reducing greenhouse gas emissions in the maritime industry.
This AiP follows another recently awarded AiP to SHI and Amogy for an 88,000 cbm fuel cell-powered ammonia carrier, which uses ammonia cracking to create hydrogen for the fuel cell stored onboard.
Sung-Gu Park, President – North East Asia, Lloyd’s Register, said: “There is a growing demand for container vessels that incorporate innovative technologies to comply with stringent regulations and environmental standards for zero carbon.
“Lloyd’s Register is at the forefront of meeting the maritime sector’s need for innovative design development and approval for ammonia fuelled vessels, while also providing our clients and potential clients with access to cutting-edge advancements in ship design and propulsion systems.”
Hae Ki Jang, CTO & EVP SHI, said: “Ammonia is a carbon-free fuel for a future eco-friendly society. Through this JDP, SHI will continue to develop technologies that position itself as a market leading company, driving forward sustainable fuel solutions for the maritime sector.”