Lloyd’s Register (LR) has reportedly given Approval in Principle (popular as AiP) to CSSC’s Hudong-Zhonghua Shipbuilding for one Liquified Natural Gas Carrier (popular as LNGC) of 271,000cmb, which will become the largest-ever LNG carrying vessel in the larger global fleet.
The path-breaking vessel can transport adequate LNG to provide gas to 4.7 million Shanghai homes for about one month, 25% to 30% more efficiently compared to a 170,000 cbm vessel. The brand-new LNGC is going to boost terminal capacity by about 50% with no need for expanding the terminal size.
With the worldwide demand for LNG expected to rise between 25% to 50% by 2030 and the current vessel order book reflecting a record list of 270 LNG carriers on orders nearly 40% of the existing fleet, enabling the new construction of LNG carriers, with the onward transportation of LNG, is critical if the industry is to satisfy its supply needs.
As part of AiP, LR carried out a HAZID analysis as well as the Preliminary Appraisal of Rules (abbreviated PAR), using guidelines and in-depth knowledge of vessel safety to make sure there are high standards of safety in the design procedure.
Andy McKeran, the Chief Commercial Officer of LR said that LR is delighted to award Approval in Principle to CSSC’s Hudong-Zhonghua Shipbuilding for the record-breaking 271,000 cbm LNG carrier.
The AiP signposts a landmark moment for the growth of super-large LNGCs during a phase when the overall global LNG supply is highly crucial for maritime energy transition.
Song Wei, the Head of the Technical Department associated with Hudong-Zhonghua said that Hudong-Zhonghua appreciates LR’s support and guidance in the joint development and is honored to obtain the AiP for the Global Max type 271,000 cmb LNGC that brings a key member of the G5 ever-constant series family. Now, for Max type 271K LNGC, fuel consumption for each ton-nm is likely to be about 9.9% lesser compared to a traditional 174K LNGC that will provide enhanced solutions to customers to meet increasing shipping demands.
References: ABS, Lloyd’s Register
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