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

Hudong-Zhonghua launches LNG carrier

Chinese shipbuilder Hudong-Zhonghua has launched one 174,000-cbm liquefied natural gas (LNG) carrier it is building for NYK and CNOOC.

Woodside names Sarah Bairstow as Louisiana LNG head

Australian LNG player Woodside has appointed Sarah Bairstow to lead its Louisiana LNG project.

LNG shipping rates continue to decrease

Spot LNG freight shipping rates in both basins continued to decrease this week, while European prices increased compared to last week.

More News Like This

Knutsen’s LNG FSU ready for Honduras job

Knutsen’s 2004-built LNG carrier, Bilbao Knutsen, has been converted into a floating storage unit, and the vessel is ready to start serving an LNG-to-power project in Honduras.

GTT gets LR OK for Mark III’s ammonia-ready notation

French LNG containment giant GTT has secured approval from classification society Lloyd’s Register for the ammonia-ready notation of its Mark III containment system.

HD Hyundai Samho clinches $262 million LNG carrier order

South Korea’s HD Hyundai Samho has secured an order to build one liquefied natural gas (LNG) carrier for about $262 million.

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.