ABS granted an approval in principle (AiP) to HD Hyundai Mipo (HMD) for its design of a liquefied carbon dioxide (LCO2) containment system.
Presented at Gastech 2024, the AIP represented the culmination of a joint development project between ABS and HMD. HMD developed a cargo containment system optimized for a 35,000 cbm LCO2 carrier using new cargo tank materials. ABS completed design reviews based on class and statutory requirements for liquefied gas carriers.
Capturing and transporting carbon are key components in the carbon value chain for the global energy transition. ABS understands that these efforts require collaboration, and we are delighted to work with innovators like HMD to advance containment technologies for LCO2.
… said Patrick Ryan, ABS Senior Vice President and Chief Technology Officer.
Amid an increasing interest in carbon capture and storage (CCS) as a promising green technology to address CO2 emissions from shipping, maritime transport is expected to dominate the CCS value chain, which is forecast to lead to a growing demand for liquefied CO2 (LCO2) carriers.
The response to climate change will be a new opportunity for the shipbuilding industry. Through this development of liquefied CO2 carrier, we will further enhance our competitiveness in the future eco-friendly shipbuilding market that leads carbon neutrality.
… commented Dong-Jin Lee, Head of Initial Design Division at HMD.
