Hyundai Mipo gets DNV OK for small FSRU

South Korean shipbuilder Hyundai Mipo Dockyard has received basic design approval from classification society DNV for its small floating storage and regasification unit (FSRU).

DNV and the Liberian International Ship & Corporate Registry (LISCR) awarded the approval in principle to HMD and its parent KSOE.

The approval is the result of a joint research project by the four firms to develop a 40,000-cbm barge-type LNG FSRU, DNV said in a statement.

Operated together with a large-size floating storage unit (FSU) and a shuttle LNG carrier, the newly developed unit would be suitable to serve mid-to-small-sized LNG projects as an economical alternative to large FSRUs, it said.

The FSRU design features an IMO type-C cargo containment system, while its cargo handling system would enable simultaneous loading and unloading of LNG cargo among FSU and LNG carrier, DNV said.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

More News Like This

HD Hyundai Mipo clinches order for LNG bunkering duo

South Korea’s HD Hyundai Mipo has won a new order to build two liquefied natural gas (LNG) bunkering vessels.

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.

EPS LNG-powered tankers to feature HD KSOE’s pumps

Singapore-based Eastern Pacific Shipping (EPS) has joined forces with South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to install the latter’s pumps and vaporizer skids on LNG-powered Aframax tankers.

DNV: 20 LNG-powered vessels booked in April

Classification society DNV added 20 LNG-powered ships to its Alternative Fuels Insight platform in April. According to DNV, there were 72 orders for LNG-powered vessels during the first four months of this year.