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Hyundai Mipo Dockyard and KSOE awarded AiP for LCO2 design
Class society ABS and the Republic of the Marshall Islands (RMI) Maritime Administrator have awarded approval in principle (AiP) for liquefied CO2 carrier designs by Hyundai Mipo Dockyard (HMD) and Korea Shipbuilding and Offshore Engineering (KSOE)
HMD developed a cargo containment system optimised for an LCO2 carrier based on its existing experience of constructing gas carriers, while KSOE developed a cargo handling system with new technology to maintain a stable state without carbon dioxide being emitted into the atmosphere.
AiP was granted after verifying the suitability of the IGC Code, Class requirements and flag regulations for liquefied gas carriers. The AiP is the culmination of a six-month joint development project between ABS, HMD, KSOE and RMI to research and develop next-generation liquefied CO2 carrier designs.
“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 HMD executive vice president Nam Young-joon.
RMI deputy commissioner of maritime affairs Thomas Blenk said, “The liquid CO2 carrier is a critical component to carbon capture, utilisation and storage strategies that will directly contribute to the ongoing global energy transition.”
“We are pleased the RMI Maritime Administrator’s environmental stewardship is being recognised and how the gas and technical teams played a pivotal role in the completion of this development project.”
News of the AiP comes days after another South Korean firm, Daewoo Shipbuilding & Marine Engineering (DSME) announced it has developed technology to store carbon dioxide captured in ship engine emissions. DSME is also partnering with ABS to develop designs for a 70,000-m3 very large, LCO2 carrier.
A new MoU was signed in late August between POSCO, HMD, KSOE, Lloyd’s Register and the Liberian International Ship & Corporate Registry to develop LCO2 carriers in excess of 20,000 m3 by 2025.
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