PRESS RELEASE: Hyundai Mipo Dockyard (HMD) has received approval in principle (AiP) from Lloyd’s Register (LR) for an LNG-fuelled 50,000 dwt class MR tanker design. This development is the result of close collaboration between HMD and LR.
To aid compliance with the global sulphur in fuel oil limit of 0.50% m/m, which comes into effect on 1 January 2020, HMD has been focusing its efforts on LNG-fuelled ships as part of its plans to meet the market’s needs with environmentally friendly, commercially viable and innovative designs.
HMD has incorporated an LNG-fuelled propulsion system into its most successful design, following technical cooperation with LR, ensuring that the design complies with the new IGF code as well as LR’s Gas Fuelled Rules, covering other applicable requirements. HMD is now reviewing various other types of vessels for LNG-fuelled application, such as bulk carriers and container ships.
Jeon Seung-Ho, HMD Executive Vice President, said: “We have focused on developing both a technically reliable and commercially feasible solution for an LNG dual-fuelled propulsion system. We are glad to be one step closer to making this solution a reality.”
LR adopted a risk-based approach to review the novel design and facilitated a high-level hazard identification (HAZID) workshop for the LNG fuel supply system (and associated ancillaries) in accordance with the LR ShipRight Procedure for Risk Based Designs. The concept design was reviewed in conjunction with the result of the HAZID workshop, requiring several actions and recommendations, before receiving AiP.
Jin-Tae Lee, Ph.D, LR’s Korea Chief Representative & Marine Manager, commented: “We are very pleased to grant AiP by working together with HMD to develop this commercially feasible LNG-fuelled MR tanker design. It will provide the shipping industry with more practical options to comply with the upcoming global sulphur in fuel oil limit where they can be confident with the safety and operability of the LNG burning system.”