ABS Spearheads Offshore Standardization JIP
ABS, a provider of classification services to the global offshore industry, has entered into a memorandum of understanding with Korean shipbuilders Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) to establish a joint industry project (JIP) with operators, drilling contractors and engineering companies to develop new international design standards for offshore oil and gas projects. The objective of the JIP is to establish new global design standardization procedures based on relevant industry standards, international regulations and class requirements across the offshore industry.
ABS, DSME Partner on First LNG Fueled Drillship
Innovative LNG fueled drillship project will promote energy efficiency and environmental sustainability in offshore operations. ABS, a provider of classification services to the global offshore industry, has entered into a joint development project (JDP) with South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) to develop the industry's first LNG fueled drillship. The JDP will address challenges associated with storing and managing cryogenic LNG safely by combining DSME's experience developing and applying LNG technology to floating structures with ABS' technical standards and experience working on a number of gas-fueled, LNG and regasification unit projects.
ABS Strengthens Presence in Korea
ABS is strengthening its ties to the Korean maritime industry by establishing the ABS Korea Energy Technology Center (KETC) in Busan in early 2012. This is ABS’ first energy center and will focus on applied research to a broad range of current and future technology challenges. In a related move, the society is creating the role of Vice President of Global Korean Technology Development. Dr. Hoseong Lee, a veteran of ABS and respected professional in the Korean maritime industry is being appointed to this new position. As part of his new responsibilities, Dr. Lee will provide guidance and oversight for the KETC. In combination, these strategic developments will better leverage the technology resources of ABS in servicing the Korean market and its clients across the globe. Under Dr.
