K Shipbuilding, Designer of Methanol-Powered Ships, Obtains US ABS Certification
AIP Certification Ceremony from the American Bureau of Shipping.
Photo by Keijoseon
[Asia Economy Yeongnam Reporting Headquarters, Reporter Jucheol In] K Shipbuilding announced on the 1st that it has obtained the Approval In Principle (AIP) for the basic design of a methanol fuel-powered medium-sized tanker from the American Bureau of Shipping (ABS).
Earlier, the two parties signed a joint development project agreement in July, under which K Shipbuilding will design methanol-powered vessels, and ABS will review and approve the design drawings.
Methanol fuel is easier to transport and store compared to LNG. It has advantages such as high hydrogen conversion efficiency, safety, and reduced emissions.
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Ko Taehyun, Head of Technology at K Shipbuilding, said, "Starting with the methanol-powered medium-sized tanker, we will continuously conduct research and development on eco-friendly fuel-powered vessels such as LPG, ammonia, and hydrogen to steadily prepare for future business opportunities."
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