Korean Company-Designed Ammonia Ship Recognized for Safety and Technical Excellence
[Asia Economy Reporter Choi Dae-yeol] The design of green ammonia ships being developed by leading domestic companies in the chemical, shipbuilding, and shipping sectors has received certification of suitability.
Lotte Fine Chemical and Hyundai Heavy Industries Group announced on the 15th that they have received the Approval In Principle (AIP) certificate from the Korean Register for two types of green ammonia-powered carriers and bunkering vessels. Earlier in May, a consortium consisting of six companies and institutions including Lotte Fine Chemical as the lead company, Korea Shipbuilding & Offshore Engineering, Korean Register, Lotte Global Logistics, HMM, and POSCO was launched, marking the first achievement. The Approval In Principle is a procedure that verifies the suitability of the safety and technical aspects of new ship basic designs. It is a fundamental step for shipbuilders to market to shipping companies and can serve as a technical standard in future design processes.
Korea Shipbuilding & Offshore Engineering has developed a 60,000㎥ ammonia carrier, the maximum size capable of docking at domestic ports, in collaboration with Hyundai Heavy Industries. They also developed a 38,000㎥ ammonia bunkering dual-purpose carrier with bunkering functions that directly supply ammonia fuel to ships, in partnership with Hyundai Mipo Dockyard, and received certification for the first time in the world. These ships are environmentally friendly vessels developed to use green ammonia transported as cargo as fuel, producing zero carbon emissions during navigation.
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A representative from Lotte Fine Chemical stated, "This is the first achievement created through cooperation among global leading domestic companies and institutions for the introduction of green ammonia," adding, "We will continue to contribute to the smooth supply of green ammonia, which is gaining attention as a carbon-free energy source, in Korea."
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