UK classification society Lloyd’s Register (LR) and South Korean shipbuilding player HD Hyundai Mipo have revealed a joint development project (JDP) to design a 22,000 cubic meter (cbm) LNG bunkering vessel.
Courtesy of LR
The project, which was formally recognized with approval in principle (AiP) on September 9, aims to deliver a safe, commercially viable, and regulation-compliant vessel to meet the rising demand for LNG bunkering, LR said.
As explained, the 22,000 cbm design will offer increased delivery capacity to potentially reduce bunkering time and frequency, lower costs for operators, and meet the evolving needs of charterers.
Under the project, LR will conduct a full drawing appraisal and issue the AiP in accordance with its classification rules and international standards.
Sung-gu Park, LR’s North East Asia President, said: “This collaboration demonstrates a joint effort to support