Samsung Heavy Industries (SHI) and Conrad Shipyard have secured Approval in Principle (AIP) from the American Bureau of Shipping for the basic design of a US-built LNG bunkering barge.

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Securing project finance and offtake commitments are at the core of an in-principle agreement (AiP), signed between Cong Thanh Thermal Power JSC, Korea’s Doosan Enerbility and the PECC2 construction group for the 4,500 MW Cong Thanh LNG-to-power project. Phase 1 entails a 1.5 GW plant, to be scaled by to 3 GW at a later stage.

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Tuesday, 17 June 2025 06:10

COSCO’s FLNG unit gets DNV approval

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China’s COSCO Shipping (Qidong) Offshore and the COSCO shipyard (Nantong) have received approval in principle (AiP) from the Norwegian classification society DNV, along with a main scantling approval for their new concept for a floating liquefaction and storage unit. The innovative new FLNG concept reflects the industry’s drive for flexible, lower-carbon energy solutions, commented DNV’s regional manager for greater China, Norbert Kray.

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Hyundai Heavy Industries, the South Korean shipbuilder, was granted approval for a floating LNG power plant by French maritime classification society Bureau Veritas.

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The American Bureau of Shipping, the US maritime classification society, has granted approval to a deepwater floating liquefied natural gas production hull designed by Hyundai Heavy Industries of South Korea.

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The American Bureau of Shipping, the US maritime classification society, built on its position as the principal classifier for Chinese LNG shipbuilders by granting approval to a new LNG carrier design at the Jiangnan Shipyard Group of Shanghai.

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