FLNG hull design receives ABS AIP
A floating liquefied natural gas (FLNG) hull design has demonstrated its safety and class compliance with ABS approval.
Hyundai Heavy Industries (HHI) collaborated with ABS to develop a technically feasible and class compliant FLNG hull design, while maintaining high safety standard, in order to obtain Approval in Principle (AIP).
“ABS has a strong history of collaborating with the offshore industry to evaluate novel designs that enable industry efficiency,” said ABS executive vice president - global offshore, Ken Richardson. “Our work with HHI is another example of ABS’s technical leadership promoting safety in innovative concepts.”
The AIP provides recognition of the design’s compliance with Class and Regulatory requirements and its minimal risk to project schedules and safe operations.
The design also has financial benefits, as Jae-Eul Kim, HHI senior vice president - shipbuilding division, explained: “The Newbuilding Conversion FLNG hull design can be constructed for about half the cost as compared to a standard FLNG hull.
“In the current difficult energy market, Ready-to-Convert FLNG hull with ABS AIP gives the FLNG market an efficient approach, with competitive price and schedule, helping investors take financial investment decisions.”
HHI is also developing a newbuild conversion FPSO hull design concept which follows the same process.
LATEST PRESS RELEASES
February 2018 Fareham UK - Mercator Media Ltd, the international, market-leading B2B marine media bu... Read more
Taking place between the 10th-11th May, the 2017 conference welcomed high calibre speakers, delegate... Read more
Insights into the future of LNG and other lowflash point fuels offered at The Motorship’s 2017 Confe... Read more