SHI develops LNG-powered wind turbine installation vessel

South Korean shipbuilding giant Samsung Heavy Industries has ventured into the offshore wind market by developing an LNG-powered wind turbine installation vessel.

The ECO-WTIV model named SLW-FUEL CELL features LNG propulsion but also solid oxide fuel cells and energy storage system, according to SHI.

The shipbuilder said on Thursday it received approval in principle for the model from three classification societies, ABS, DNV, and LR at the same time.

In December 2020, SHI partnered with Hyosung Heavy Industries, a Korean wind turbine gear unit equipment producer, for developing the “enhanced and cost-effective” jacking system, which is the core equipment of the new vessel, the shipbuilder said.

SHI expects the vessel to slash CO2 emissions by about 50% compared to existing ships powered by diesel engines.

“As the offshore wind industry grows, which is one of the pillars of the Green New Deal Policy, there will be more demand for WTIVs. It is very meaningful now that we secured our independent model featuring diverse cutting-edge green technologies,” said Wang K. Lee, vice president of offshore business division of SHI.

SHI has already experience in WTIV construction after delivering three units. The yard became the first shipbuilder in Korea to receive an order to build a WTIV in 2010, it said.

Most Popular

Venture Global’s CP2 LNG to start mobilization and site preparation

Venture Global LNG's CP2 LNG has received approval from the US FERC to start mobilization and other limited activities for the LNG project in Louisiana.

BP seals LNG SPA with India’s Torrent Power

A unit of UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with India's Torrent Power.

Cheniere kicks off Sabine Pass LNG maintenance

US LNG exporting giant Cheniere has started planned maintenance at its Sabine Pass LNG export facility in Louisiana.

More News Like This

Samsung Heavy develops new FLNG concept

South Korean shipbuilding giant Samsung Heavy Industries has received approvals from three classification societies for its new multi-purpose FLNG concept.

Wan Hai Lines makes LNG fuel switch for eight containerships

Taiwan's Wan Hai Lines has decided to change an order placed for methanol-ready containerships in South Korea to enable the vessels to run on LNG fuel, according to shipbuilding sources.

H-Line Shipping, ExxonMobil name LNG carrier duo in South Korea

South Korea's H-Line Shipping and US energy giant ExxonMobil recently named two newbuild liquefied natural gas (LNG) carriers in South Korea.

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.