LR in JiP to develop new LNG carrier design

LR in JiP to develop new LNG carrier design
The JiP will develop a new LNG carrier design with a GTT Mark III membrane containment system

Lloyd’s Register (LR) has signed an agreement with COSCO Shipping LNG Investment, COSCO Shipping Heavy Industry, Jiangnan Shipyard, Marine Design and Research Institute of China (MARIC), Shanghai Ship and Shipping Research Institute (SSSRI) and China Classification Society (CCS) to design and develop the first 220k LNG carrier with a GTT Mark III membrane containment system.

The seven parties will define the ship’s technical specifications and general arrangement of the main systems, to factor in route and capacity requirements. LR and CCS will provide technical support and consultancy services to ensure that the design meets all international regulations, industry-wide conventions and standards, and that it complies with each society’s classification rules. LR and CCS will also offer technical support for ship-shore matching, focusing particularly at upstream and downstream loading and unloading terminals.

Once the LNG carrier has been designed, LR and CCS will look to grant the design approval in principle. The parties will conduct hydrodynamic assessments on the design to optimise its performance and plan to continually improve the design.

Mr. Zhu Jianzhang, assistant president, MARIC, commented: “As global demand for LNG trade continues to grow, the shipping industry will require more LNG carriers, specifically for newbuilding orders. As China’s demand for LNG continues to increase, more Chinese shipowners with need LNG carriers and this JiP will provide our customers with a suitable and competitive design to support their business requirements.”

“LR is the clear leader for gas ship construction in China, with 48 per cent of capacity ordered to date being classed by us. We couldn’t have reached this position without the support of our partners in this project, including COSCO Shipping LNG Investment, who we have worked with for a total of 10 x 174k m3 LNGCs to date; and Jiangnan Shipyard, where we currently have 10 x VLGCs and 2 x Mark III LNGCs in progress. We remain committed to supporting the growth in the LNG shipping market in China, and we look forward to contributing to the success of this JiP through our unmatched local gas ship experience and expertise,” said Ms. Wei Ying, LR’s senior-vice president, Greater China.