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Korean Register (KR), K Shipbuilding, Sunbo Industries and Dongsung Finetec have signed a Memorandum of Understanding to jointly develop a 12,000 cubic metre, LNG dual fuelled liquefied CO2 (LCO2) carrier design.

K Shipbuilding will lead the development and design optimisation of a medium-pressure LCO2 carrier with a design pressure of 19 bar. Sunbo Industries will oversee the development of a cargo handling system and a fuel supply system and Dongsung Finetec will develop the LCO2 cargo tanks and LNG fuel tanks.

KR’s role will be to verify the safety and suitability of the ship in accordance with the classification rules and international conventions, ultimately granting Approval in Principle (AIP) of the design.

During the signing ceremony at this week’s Gastech in Singapore, the companies discussed strategies to ensure the fulfilment of the project’s ambitions.

Lee Hyungchul, Chairman & CEO of KR, commented: ‘Through the collaboration of K Shipbuilding, Sunbo Industries and Dongsung Finetec, we look forward to the successful completion of the project, and to leading innovation and promoting growth in the maritime industry.’

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