Lloyd’s Register has granted approval in principle (AiP) to a quartet for an LNG-fueled VLCC design that uses a prismatic GTT Mark III membrane LNG tank.
The AiP was granted to China Merchants Energy Shipping (CMES), CNOOC Gas and Power Group, Dalian Shipbuilding Industry (DSIC), and Gaztransport and Technigaz(GTT), LR said in its statement.
The main objectives of the AiP include developing a specification for a dual fuel VLCC that meets the IMO’s GHG 2030 emission limitations and preparing the relevant design drawings.
CMES and CNOOC G&P, with assistance from LR and GTT, also performed an economic analysis in terms of capital expenditure (CAPEX) and operating expenditure (OPEX).
LR also conducted a risk assessment and reviewed the design in accordance with the latest regulatory requirements.