LNG fuelled bulker project
Hyundai Heavy Industries (HHI) and Lloyd’s Register (LR) are undertaking a joint development project (JDP) to design 180k DWT class dual fuelled bulk carriers.
These designs, which will be designed for short to medium-haul bulk trade, are being developed to respond to increased developments in the global supply of gas, where there is a continued need for ship designs to evolve in order to meet the IMO’s NOx and SOx emission regulations.
Bong-Jun Jang, HHI’s senior executive vice president, said: “We sincerely believe this JDP will bring environmentally-friendly and economical solutions for future bulk carrier designs and be remembered as a milestone in shipbuilding history.”
“It has always been our great pleasure to launch JDP’s with LR and our collaboration will lead to technological improvement aimed towards energy saving and cleaner shipping.”
David Barrow, LR’s director of innovation, marketing & sales, added: “These HHI designs offer the possibility for owners to comply with emissions regulations worldwide while keeping the investment viable and competitive. It is really important to LR to be able to help support this type of innovation in the market and assist in bringing such solutions from concept to safe and effective adoption.”
The 180k DWT class bulk carrier was selected for this design development project because larger newbuilds are expected to be ordered going forward.
Last month, HHI revealed investment plans totaling US$3.1 billion, including US$1.8 billion for the shipbuilding business as the group beings trading as four independent companies. HHI’s investment plan will focus on developing eco-friendly and smart ships, enhancing offshore engineering capability and establishing a ‘smart’ shipyard.
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