Lloyd’s Register, Knutsen, Korea Shipbuilding and Offshore Engineering (KSOE), and Hyundai Heavy Industries (HHI) have announced a study as part of a Joint Development Project (JDP) to measure carbon emissions through the entire life cycle of a newbuild LNG Carrier.
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, including equipment and component manufacture, its transportation to the shipyard, construction and commissioning, operation and the maintenance of the ship.
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.
This first of its kind study will provide stakeholders with the unique opportunity to collect quantifiable data that measures the environmental impact of the ship build process and analysis across a vessel’s entire life cycle.
… said Andy McKeran, Chief Commercial Officer, Lloyd’s Register
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.
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.
By measuring a ship’s environmental impact through its life cycle, we can effectively determine improvement priorities and sustainable business strategy.
… said Kwanghean An, President & Chief Operating Officer, HD KSOE
Jarle Østenstad, Director Newbuilding and Innovation, Knutsen, highlighted that this project will give interesting results to be used for further optimization of the fleet and to do more qualified assessments for deciding whether to extend the lifetime of vessels, do conversions/upgrades or build new vessels in order to minimize emissions.
