Hyundai gets OK from ABS for LNG-powered CO2 carrier

South Korea’s Hyundai Heavy Industries (HHI) Group has received an approval in principle from classification society ABS for a large LNG-powered liquefied carbon dioxide carrier.

ABS said in a statement it awarded the approval along with the Republic of the Marshall Islands (RMI) Maritime Administrator during the Gastech Exhibition and Conference in Milan, Italy.

The 74,000 cbm design builds on the 40,000 cbm “super gap” technology developed in 2021 by HHI Group which includes Hyundai Glovis, G-Marine Service, and KSOE, according to ABS.

The classification society revealed this project earlier this year saying this is the world’s largest LCO2 carrier.

ABS said in the new statement that a total of nine cylindrical tanks were applied to maximize the load carried while LNG-fueled propulsion engines were installed in response to environmental regulations.

Hyundai gets OK from ABS for LNG-powered CO2 carrier
Image: ABS

The classification society approved the basic carrier design and the RMI Maritime Administrator provided acceptance of design and equivalent arrangements as required, the statement said.

This announcement follows the joint development project to advance carbon capture technologies between ABS and HHI Group.

ABS has awarded approval in principle to the carbon dioxide injection platform developed by the group.

The platform will store carbon dioxide previously captured on land, liquefied at high pressure, and transported to the sea through a carrier or pipeline.

HHI Group has developed this platform with the goal of storing annually 400,000 tons of carbon dioxide underground in Korea’s East Sea gas field starting in 2025.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

CMA CGM pens LoI for LNG-fueled containerships

LNG Prime recently reported that CMA CGM was planning a new order. Sources said on Tuesday that CMA CGM has...

H-Line’s LNG-fueled PCTC delivered in China

China’s Guangzhou Shipyard International (GSI) has handed over a new LNG-powered pure car and truck carrier to South Korean...

ABS explores potential of nuclear-powered LNG carriers

US classification society ABS released a study investigating how a small modular reactor could power a standard liquefied natural...

H-Line, Hyundai Glovis take delivery of new LNG-fueled PCTC

China’s Guangzhou Shipyard International (GSI) has delivered another LNG-powered pure car and truck carrier to South Korean owner H-Line...