According to a statement, the partnership aims for DSME to develop ABS approved VLCC and ULCS vessel designs, which offer potential solutions to IMO 2030 decarbonization goals, further covering Onshore Remote Monitoring; SMART and Autonomy technology as well as the development and review of cyber security aspects associated with the DSME Smart Ship platform.

Mr. Odin Kwon, DSME CTO, Engineering & Technology Unit, highlighted that

There is increasing demand in the marine industry for vessels which have a low carbon and greenhouse gas emission footprint. Leveraging digital technologies provides a means to assist in addressing these decarbonization challenges.

Mr. Odin Kwon added that at the same time, the increased connectivity onboard vessels can create cyber related threats which need to be appropriately addressed.

Patrick Ryan, ABS Senior Vice President, Global Engineering and Technology said that “this JDP will help us harness the potential of digitalization and drive forward decarbonization goals for the industry.”

Recently, ABS and South Korean shipbuilder Samsung Heavy Industries (SHI) signed on a joint development project (JDP) to collaborate on a next generation LNG carrier with advanced air lubrication and smart capabilities.

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Under the JDP, Samsung Heavy will deliver the concept and basic design for a next generation LNG carrier which will incorporate an advanced air lubrication system for improved efficiency.

Further to this, ABS and the American Ethane Company (AEC) have teamed up on a project aimed to design and develop a next generation fleet of Ultra Large Ethane Carriers (ULEC). Under the shipping project, AEC and its partners will build, own and operate a fleet of ULECs to transport 7.2 MTPA of US ethane to China.

With a capacity of around 150,000m³ each, these gas carriers will be among the biggest and most advanced ethane carriers to be ordered. The ships are expected to supply ethane from the US Gulf Coast to a number of petrochemical facilities in China.