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.

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