Four firms to study lifecycle carbon emissions on LNG carrier

Norwegian LNG carrier owner Knutsen has joined forces with classification society Lloyd’s Register and South Korea’s HD Korea Shipbuilding and Offshore Engineering and its unit HD Hyundai Heavy Industries to measure carbon emissions through the entire life cycle of a newbuild LNG carrier.

In that regard, the four firms signed a joint development project (JDP) in Oslo, Norway last week.

The JDP is the first maritime industry study to measure carbon emissions for the entire life cycle of a ship from raw material extraction to decommissioning/recycling of the ship, according to a joint statement.

This includes equipment and component manufacture, its transportation to the shipyard, construction and commissioning, operation and the maintenance of the ship.

Moreover, the lifecycle assessment will provide the detailed environmental impact of an identified LNG carrier and its carbon emissions, quantifying each construction stage’s raw material usage, energy inputs and environmental releases as well as the emissions for the vessel’s operations and eventual disposal, the statement said.

The study will determine the environmental output of the vessel build process, helping organizations to improve their regulatory readiness and provide estimations on the impacts of future regulations, along with data to provide the basis for sustainability strategies, it said.

The JDP will also lay the groundwork for LR rulesets, requirements and guidance on how to assess carbon emission in the entire lifecycle of a ship.

Most Popular

Financing secured for Manzanillo LNG-to-power project

Manzanillo Gas & Power has secured financing for its Manzanillo LNG-to-power project in the Dominican Republic, which includes a floating storage and regasification unit (FSRU).

Belgium’s Zeebrugge terminal to receive latest Golden Pass LNG cargo

The Fluxys-operated LNG import facility in the Belgian port of Zeebrugge is expected to receive another cargo from the Golden Pass LNG export terminal in Texas, owned by QatarEnergy and ExxonMobil, according to shipping data.

CNOOC’s Binhai LNG terminal hits new milestone

China National Offshore Oil Company (CNOOC) has reached a new milestone at its giant Binhai liquefied natural gas (LNG) import terminal in Jiangsu.

More News Like This

LR nets Gabon FSU conversion contract

Classification society Lloyd’s Register has secured a contract from Dutch services company Dixstone, a unit of London-based oil and gas firm Perenco, to deliver classification and technical assurance for the conversion of an LNG carrier into a floating storage unit (FSU) for the Gabon project.

Honduras to launch first LNG-to-power project

Honduras is set to launch its first LNG-to-power project with the arrival of the second liquefied natural gas cargo at the floating storage unit (FSU) Bilbao Knutsen in Puerto Cortes.

Tsakos books LNG carrier at HD Hyundai Heavy

Greek shipowner Tsakos Energy Navigation (TEN) has ordered one liquefied natural gas (LNG) carrier from South Korean shipbuilder HD Hyundai Heavy Industries.

Indonesia’s AKRA forms FSRU JV with BW

Indonesian petroleum and chemicals logistics company AKR Corporindo (AKRA) has formed a joint venture with a unit of Singapore-based gas shipping giant BW to develop an FSRU-based LNG project in Indonesia.