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Hyundai Mipo Dockyard receives AIP for vessels that consume ammonia as bunker fuel

24 Jul 2020

Hyundai Mipo Dockyard (HMD), shipbuilding arm of Korea Shipbuilding & Offshore Engineering Co on Friday (24 July) said it has been granted an Approval in Principle (AIP) from British classification society Lloyd’s Register for vessels that consume ammonia as a bunker fuel.

This Joint Development Project (JDP) between HMD, engine manufacturer MAN Energy Solutions and Lloyd’s Register began last October, it said. 

HMD added it was in charge of designing the ammonia propulsion system, Man Energy Solutions developed the specifications of the ammonia dual fuel propulsion engine, and Lloyd’s Register assessed the suitability and risks of the design.

Ammonia is an eco-friendly, carbon-free alternative fuel that does not emit any carbon dioxide during combustion, and is well received in the industry in terms of economy and supply stability, noted HMD.

The three companies plan to scale and commercialise ammonia powered vessels by 2025, it added. 

“The certification is based on the IMO2050’s response to greenhouse gas emissions regulations and HMD will continue to lead the development of eco-friendly maritime technologies,” said Nam Young – Joon, Managing Director, HMD Design Division.

Photo credit: Hyundai Mipo Dockyard
Published: 24 July, 2020

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