LR Awards HHI Design Approval for World’s First 40,000cbm LCO2 Carrier

Lloyd's Register and Hyundai Heavy Industries (HHI)

Published Sep 13, 2022 3:55 PM by The Maritime Executive

Lloyd’s Register (LR) has awarded Design Approval to South Korean shipbuilder Hyundai Heavy Industries (HHI) for the development of the world’s first 40,000m3 liquefied carbon dioxide carrier. 

At 239 metres long and 30 metres wide, the LCO2 carrier design will be the largest in its class. The vessel will be equipped with seven IMO Type C cargo tank that use an innovative new steel design, allows tanks to be constructed with lighter scantling whilst remaining structural integrity. The material advancement has allowed HHI to design the carrier with a total capacity of 40,000 cbm, making the vessel a ‘first-of-its-kind’. 

LR will provide advice and guidance on technical regulations and the development of a Type C storage tank using the new material. When built, the carrier will transport liquefied carbon dioxide under pressure, allowing carbon extracted from the atmosphere to be transported to storage facilities.

Andy McKeran, Chief Commercial Officer, Lloyd’s Register, said:

"The Design Approval for this vessel underlines LR’s credentials in supporting global LCO2 transportation. This carrier will be a key piece of infrastructure in the carbon capture and storage value chain, helping the maritime industry drive forward its energy efficiency and decarbonisation ambitions."

Mr. Won-ho Joo, Senior Executive Vice President and Chief Technical Officer of HHI, said:

"It is a very meaningful technological milestone in obtaining the Design Approval for this innovative large scale LCO2 carrier from LR as world first case. We believe our self-developed LCO2 carrier will contribute to the global decarbonisation effort and provide tailor-made LCO2 carrier design according to each ship owner’s specific requirements based on this approved design."

The products and services herein described in this press release are not endorsed by The Maritime Executive.