KSOE, HHI and others to build world's biggest liquid CO2 vessel

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KSOE, HHI and others to build world's biggest liquid CO2 vessel

From left: G-Marine Service Ship Management division head Hwang Jin-eop, Hyundai Glovis Shipping division head Kim Tae-woo, Hyundai Heavy Industries Chief Technical Officer Joo Won-ho, the Republic of Marshall Islands maritime affairs deputy commissioner Thomas Blenk, American Bureau of Shipping's Korea Regional Business Development Vice President Darren Leskoski and Jang Gwang-pil, head of Korea Shipbuilding & Offshore Engineering Advanced Research Center's energy division pose for a photo to sign a joint development project deal. [KOREA SHIPBUILDING & OFFSHORE ENGINEERING]

From left: G-Marine Service Ship Management division head Hwang Jin-eop, Hyundai Glovis Shipping division head Kim Tae-woo, Hyundai Heavy Industries Chief Technical Officer Joo Won-ho, the Republic of Marshall Islands maritime affairs deputy commissioner Thomas Blenk, American Bureau of Shipping's Korea Regional Business Development Vice President Darren Leskoski and Jang Gwang-pil, head of Korea Shipbuilding & Offshore Engineering Advanced Research Center's energy division pose for a photo to sign a joint development project deal. [KOREA SHIPBUILDING & OFFSHORE ENGINEERING]

 
Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Heavy Industries (HHI) and other companies signed a joint development project deal to make the world's biggest liquefied carbon dioxide carrier.
 
KSOE announced Monday it signed a deal with HHI, Hyundai Glovis, G-Marine Service, American Bureau of Shipping (ABS) and the Marshall Islands Registry. Hyundai Heavy Industries Holdings owns 35.05 percent of KSOE and KSOE owns 78.02 percent of HHI.
 
By the end of this year, the companies will build a 74,000-cubic-meter vessel that will be able to transport liquefied carbon dioxide. It will be the world’s biggest vessel of the kind, according to KSOE.
 
KSOE and HHI will design and build the vessel, developing the cargo containment system, which ensures liquefied carbon dioxide is safely transported by controlling pressure in the storage tank. There will be nine tanks on the ship to store large amounts of carbon dioxide.
 
They will also develop the cargo handling system, which manages how the liquefied gas is loaded and unloaded from the vessel. 
 
Logistics service provider Hyundai Glovis and G-Marine Service will manage the shipping of liquefied carbon dioxide. ABS and the Marshall Islands Registry will test the safety and quality of the vessel.
 
“We will develop a huge liquefied carbon dioxide carrier based on the innovative technologies of Hyundai Heavy Industries Group,” said HHI Chief Technical Officer Joo Won-ho. “We will contribute to the world's carbon neutrality plans by leading the eco-friendly technology industry."

BY LEE TAE-HEE [lee.taehee2@joongang.co.kr]
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