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ABS awards AiP for HHI FLNG hull

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LNG Industry,

ABS has announced that it has granted approval in principle (AiP) to Hyundai Heavy Industries (HHI) for its floating LNG (FLNG) hull design.

Both parties worked together with the aim of developing a technically feasible and class-compliant FLNG hull design, making use of the latest industry trends, whilst maintaining high safety standards. The AiP demonstrates that the design complies with both class and regulatory requirements and minimises risk to project schedules and safe operations, providing key stakeholders and regulatory agencies with confidence in the design.

Ken Richardson, ABS Executive Vice President, Global Offshore, said: “ABS has a strong history of collaborating with the offshore industry to evaluate novel designs that enable industry efficiency.

“Our work with HHI is another example of ABS’s technical leadership promoting safety in innovative concepts.”

Jae-Eul Kim, HHI Senior Vice President, Shipbuilding Division, added: “The newbuilding conversion FLNG hull design can be constructed for about half the cost as compared to a standard FLNG hull.

“In the current difficult energy market, ready-to-convert FLNG hull with ABS AiP gives the FLNG market an efficient approach, with competitive price and schedule, helping investors take financial investment decisions.”

In addition to this latest AiP, ABS claims that a newbuild conversion FPSO hull concept design is currently being developed, following the same process.

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