Newport Shipping gets DNV OK for LNG fuel tank system

UK-based Newport Shipping has secured approval in principle from classification society DNV for an LNG fuel tank system which it plans to offer for retrofit projects.

The approval affirms the technical feasibility of the concept for very large crude carriers and Capesize tankers, Newport said in a statement.

Newport’s concept features on deck-mounted Type C LNG tanks which the firm says it can install without major modifications to the vessel hull.

Moreover, the solution includes a dual-fuel engine that would also be suitable for future use of carbon-neutral methane such as bio-LNG, the firm said.

“LNG is one of the cleanest transition fuels currently available globally,” Newport’s managing director Lianghui Xia, said.

He said that owners could reduce CO2 emissions by between 20% and 30% just by switching to LNG without installing any other equipment.

In addition, Xia said that Newport would offer a long-term payment plan over five to seven years on 60% of the total cost to clients for its LNG retrofit solution.

The firm has also partnered with Spain’s Cotenaval on the solution.

Most Popular

Technip Energies wins contract for Eni’s Coral Norte FLNG

France-based LNG engineering giant Technip Energies has won a contract for preliminary work on Eni's second FLNG project in Mozambique, Coral Norte (Coral North).

Victrol: LNG London hits bunkering milestone

The Shell-chartered inland bunkering vessel LNG London, owned by a joint venture of Belgium's Victrol and France's Sogestran, has reached a new operational milestone.

Himalaya’s LNG-fueled bulkers earned $34,500 per day in June

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $34,500 per day in June.

More News Like This

DNV: LNG remains fuel of choice

Liquefied natural gas (LNG) remains the clear fuel of choice for alternative-fueled vessel orders, with 87 new ships ordered, totaling 14.2 million gross tonnes so far in 2025, according to classification society DNV.

Cosco Shipping’s yards get DNV OK for FLNG concept

China's Cosco Shipping (Qidong) Offshore and Cosco Shipping Shipyard (Nantong), both part of Cosco Shipping, have received approvals from classification society DNV for their nearshore floating LNG production unit.

GTT develops new ethane containment tech

French LNG containment giant GTT has received approvals from classification society BV for its new cargo containment systems developed for ethane transport.

Hudong-Zhonghua gets DNV OK for new LNG carrier

Chinese shipbuilder Hudong-Zhonghua has received approvals from classification society DNV for three new vessel designs, including a liquefied natural gas (LNG) carrier.