Principle News

15 Jan 2020

A New Plan for Queen Mary

Queen Mary docked in Long Beach, Calif. (Photo: Urban Commons)

A new plan is being formulated to preserve and improve one of the world's most historic and well-known vessels.The record-setting superliner Queen Mary has been sitting permanently moored in Long beach, Calif. since its removal from transatlantic service in 1967. A 2015 survey revealed the once glorified liner has been in an escalating state of disrepair, but estimates detailing the extent of work needed have varied.Long Beach Mayor Robert Garcia said in his State of the City…

15 Jan 2020

Partners Developing Ammonia-fueled Tanker

(Photo: LR)

Maritime industry partners striving to advance shipping's decarbonization efforts are working to develop an ammonia-fueled tanker, classification society Lloyd's Register (LR) announced.The joint development project (JDP) involving LR and shipping line MISC Berhad, builder Samsung Heavy Industries (SHI) and engine maker MAN Energy Solutions aims to develop commercially viable deep-sea zero-emissions vessels (ZEVs) that would be operational by 2030, ahead of the International Maritime Organization’s 2050 greenhouse gas (GHG) emissions target.Nick Brown…

03 Jan 2020

KN Bags $148Mn Loan for its LNG Terminal

Image: Klaipedos Nafta

The Nordic Investment Bank (NIB) and Lithuanian liquefied natural gas (LNG) and oil terminal operator AB 'Klaipedos Nafta' (KN) have signed a EUR 134.1 million (USD 148 million) loan agreement to optimize costs of LNG terminal.The 25-year maturity loan will be directed to finance the rent payable for the Floating Storage and Regasification Unit (FSRU).“Through this loan agreement we are continuing to support Lithuania´s security of energy supply, a strategically important objective for our member country”…

31 Dec 2019

WindFloat Atlantic Platform Heads Offshore

Image: EDP

The second of the three platforms for the WindFloat Atlantic project has left the Port of Ferrol for its final destination 20 kilometers offshore Viana do Castelo, Portugal.Upon arrival to the project site, it will be installed next to the first floating platform, which has the exact same dimensions: 30 meters in height and with a 50-meter distance between each column. The third and final platform, once it arrives to the site, will complete the first floating offshore wind farm in Continental Europe.Transportation of the three WindFloat Atlantic floating structures is a milestone in itself…

23 Dec 2019

HHI Receives AIP for Bulk Carrier Design

(From left to right) Sung-ho Shin, Head of Pre-Contract Maritime at DNV GL in Korea; Thomas Klenum, Senior Vice President at Liberian Registry; Jae-eul Kim, Senior Vice President at HHI; Seung-ho Jeon, Senior Vice President at HHI; Jong-Kyo Choi, High Manganese Steel Solutions TF Team Leader at POSCO (Photo: HHI)

Hyundai Heavy Industries (HHI) has announced that it recently received the Approval in Principle (AiP) for the design of a capesize bulk carrier with type C LNG fuel tank made of POSCO’s high manganese steel and fuel gas supply system from DNV GL and Liberian International Ship & Corporate Registry (Liberian Registry).The hand-over ceremony was held at HHI’s Seoul office and attended by senior officials from HHI, POSCO, DNV GL and Liberian Registry, including Jae-eul Kim, Chief Technology Officer(CTO) at HHI…

19 Dec 2019

LR Awards Wärtsilä Cyber Certification

Photo: Wärtsilä

Lloyd’s Register (LR) has awarded Wärtsilä system-level cyber certification for its network architecture relating to Wärtsilä’s integrated main and auxiliary machinery. The LR’s ShipRight SAFE AL2 certification, which is with Wärtsilä’s Data Collection Unit (WDCU), gives Approval-in-Principle (AiP) for the entire Wärtsilä integrated system network, rather than for any individual component. The certification is one of the first of its kind to be awarded globally.At a time when information and operational technologies onboard ships are being networked together…

17 Dec 2019

ClassNK AiP for Design of LNG-Fueled Bulker

Photo: ClassNK

Classification Society ClassNK granted an Approval in Principle (AiP) based on its Rule Part GF which adopts IGF Code (regulation for ships using low-flashpoint fuels) to NS United Kaiun Kaisha, Ltd. and Imabari Shipbuilding Co., Ltd. for their joint project on the concept design of an LNG-fueled capesize bulker.The main features of the design announced by Imabari Shipbuilding are as follows.“By installing two Type C LNG tanks at the stern, which are considered to be cost competitive and are comparatively easily to install…

15 Dec 2019

India to Boost Indigenous Shipbuilding

Mansukh L. Mandaviya, Minister of State for Shipping (Independent Charge). Photo: PIB

Government of India has approved New Shipbuilding Financial Assistance policy for Indian shipyards for shipbuilding contracts up to 2026  to promote shipbuilding in Indian shipyards.Financial assistance is being granted to Indian Shipyards equal to 20% of the lower of “Contract Price” or the “Fair Price” or actual payments received of each vessel built by them for a period of at least 10 years commencing 2016-17. This rate of 20% will be reduced by 3% every three years.Minister of State for Shipping Mansukh Mandaviya informed that only those vessels…

12 Dec 2019

U.S., China Reach Trade Deal 'in principle'

AdobeStock / © rawf8

The White House has reached a "deal in principle" with Beijing to resolve the 17-month U.S.-China trade war, according to a source briefed on the trade talks.The White House was expected to make an announcement later on Thursday, the source said."The written agreement is still being formulated, but they have reached an agreement in principle," the source said. No details were immediately available.In an attempt to secure a "phase one" trade deal, U.S. negotiators offered to cut…

10 Dec 2019

First Subsea CPS for WindFloat

Image: First Subsea

UK's developer and supplier of connectors, First Subsea has delivered a beach landing Cable Protection System for the export cables on the 25MW WindFloat Atlantic project, located 20 kilometers off the coast of Viana do Castelo in Portugal. Hengtong Group was contracted through its Submarine Business Units to deliver the export cable for the beach export system which was installed on schedule by its contractor DeepOcean at the end of June 2019.The cable protection system is designed to suit the export cable and consists of clamps, bellmouth and cable protection.

09 Dec 2019

ABS Grants AIP for Dual-Fuel Bulker Design

Photo courtesy of ABS

ABS has granted Approval in Principle (AIP) to Deltamarin and GTT for a dual-fuel Newcastlemax bulk carrier design.Deltamarin, GTT and ABS have been cooperating on the development of this LNG-Fueled energy efficient Newcastlemax Bulk Carrier that is intended to meet current and future environmental targets, by introducing GTT Membrane type LNG Tanks with LNG fuel stored at atmospheric pressure and designed to ABS Class.“A design such as this would allow owners and operators to…

09 Dec 2019

Rolls-Royce, RAL Collaborate on LNG Pushboat

DNV-GL issued an Approval In Principle to Robert Allen Ltd for its shallow-draft pushboat design developed in conjunction with Rolls-Royce, featuring MTU gas engines from Rolls-Royce. (Photo: Rolls-Royce)

Rolls-Royce and Canadian vessel designers Robert Allan have developed the world's first shallow-water push boat powered by LNG natural gas engines. DNV GL gave its “Approval in Principle” to the new design at the International Workboat Show in New Orleans. “The interest of the market regarding the design study of Robert Allan and Rolls-Royce confirms that the decision was right to develop a lean-burn gas engine. We have found operators across the globe who have seen the benefits of operational costs in addition to the reduction of environmental impact…

08 Dec 2019

AiP for 25000TEU LNG-Fueled Box Ship Design

Knut Ørbeck-Nilssen (7th from left), CEO DNV GL – Maritime, presented the certificate to Chen Jun, President of Hudong-Zhonghua (6th from left), at the CSSC booth in Shanghai. The witnesses included Chen Jianliang, Hudong-Zhonghua Chairman (8th from left), and Norbert Kray, DNV GL – Maritime Regional Manager for Greater China (9th from left), alongside executive members from both companies. Photo: DNV GL

The  international accredited registrar and classification society DNV GL awarded an Approval in Principle (AiP) certificate to Hudong-Zhonghua for its new gas-fueled 25000TEU Ultra Large Container vessel (ULCS) design.The AiP is for a design that would be the largest containership in the world.Knut Ørbeck-Nilssen, CEO DNV GL – Maritime, presented the certificate to Chen Jun, President of Hudong-Zhonghua, at the CSSC booth in Shanghai. The ceremony was witnessed by Chen Jianliang…

06 Dec 2019

First Jones Act SOV Gets ABS Nod

(Image: VARD)

Classification society ABS said it has granted the first Approval in Principle (AIP) to VARD for its design of a Jones Act service operations vessel (SOV).The AIP addresses a customized version of VARD 4 07 US SOV design, with primary functions including accommodation, transferring technicians to installations as well as storing spare parts and tools for operations in US offshore wind farms.According to Vard, the vessel is designed to be environmentally friendly with a focus on low fuel consumption and ease of construction.

04 Dec 2019

Norsepower, SWS Complete VLCC Project

Image: Norsepower

Finnish provider of auxiliary wind propulsion systems for ships Norsepower has completed a joint project with China’s Shanghai Waigaoqiao Shipbuilding (SWS) for the development of an energy-efficient dual-fuel 300,000 dwt very large crude carrier (VLCC) design.The design has already received an approval in principle (AiP) from classification societies Lloyd’s Register and ABS.Under the agreement, Rotor Sails were implemented in the VLCC design for improving the fuel efficiency and reducing emissions…

04 Dec 2019

LR Approves New LNG-Fueled VLCC Design

Logo: Lloyd’s Register

The UK-based maritime classification society Lloyd’s Register (LR) 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).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…

06 Dec 2019

Industry Project for First Ammonia-Fueled ULCS Concept

Photo courtesy of LR

LR collaborates with DSIC and MAN Energy Solutions for first ammonia-fuelled ULCS in China.Lloyd’s Register (LR) has granted Approval in Principle to Dalian Shipbuilding Industry Co. (DSIC) and MAN Energy Solutions for an ammonia-fuelled 23,000 TEU Ultra-Large Container Ship (ULCS) concept design, the first ammonia as fuel design of its kind in China.LR facilitated hazard identification (HAZID) workshops to determine potential hazards throughout the design phase, covering areas limited to the ammonia-fueled engine and the external piping systems.

02 Dec 2019

Grindrod Extends IVS Bulk JV

Image: Grindrod Shipping

Singapore based shipowner and operator Grindrod Shipping announced a number of transactions relating to the extension of its IVS Bulk joint venture, implementation of a financing arrangement and a fleet update.Grindrod Shipping has extended the termination date of its IVS Bulk joint venture from September 30, 2019 to November 30, 2019."We continue to progress the transaction agreed in principle with the joint venture partners whereby the company would acquire an additional 33.25% stake from one of the partners with the other partner retaining its 33.25% stake…

26 Nov 2019

TrashTech: Trash Trawl Debuts

Trash Trawl in operation in the Akers river in Oslo.

New system helping to solve garbage problems in rivers by collecting waste from water surface. SpillTech, aNorwegian company which specializes in oil spill recovery equipment and systems to collect waste in ports, is expanding its services to tackle waste pollution issues in rivers.“Many rivers are becoming increasingly polluted, so it is important to collect as much waste as possible and that is the reason why we have developed a new waste collector system,” reasoned Trond Lindheim…

26 Nov 2019

ABS Awards AiP to SHI LNG Re-liquefaction System

Image: Samsung Heavy Industries(SHI)

ABS has announced that it has awarded approval in principle (AiP) to Samsung Heavy Industries (SHI) for its innovative X-Reli LNG Boil Off Gas Expander – part of SHI’s Expansion Re-Liquefaction System.According to the statement from the South Korean shipbuilder the X-Reli system is optimized for low and medium pressure application, which SHI says offers increased efficiency and reliability over existing high-pressure re-liquefaction systems.“Re-liquefaction is a useful capability for owners and operators, offering increased flexibility and the potential to maximize cargo delivery.

22 Nov 2019

Shock Mitigation: Size Matters

image credit: SHOXS

When it comes to shock-mitigation, bigger is truly better.Let’s consider a thought experiment: You must take the wheel of one of two cars speeding along straight tracks with no exits. Both cars are traveling at 100 km/hour, but the first is 100 meters from a brick wall while the second is only 10 meters from an identical wall. There is nothing to do but decelerate before the crash, and assuming your decision is guided by self-preservation the choice is obvious. Why? Because even the best tactical driver can’t overcome physics…

20 Nov 2019

HHI Power System Maximzes Ship Efficiency

Hyundai Heavy Industries (HHI) Group is to maximize the ship efficiency for Very Large Container Ships (VLCSs) with its latest technology to simplify the power system.HHI and Korea Shipbuilding & Offshore Engineering (KSOE) announced that Norwegian-German classification society DNV-GL recently awarded an Approval in Principle (AIP) for the South Korean shipbuilder’s multi-grid design of the power system for 15,000-TEU container ships.The key feature of this latest design is the…

14 Nov 2019

MOL Gets AiP for Containership Bow Wind-Shield

MOL General Manager Tetsuya Yamada, center. Image: MOL

Japanese shipping company Mitsui O.S.K. Lines (MOL) announced that, DNVGL issued an Approval In Principle (AIP) to MOL and Samsung Heavy Industries (SHI) for Bow Wind-Shield designed for Ultra-Large Container Carrier on 30th October, 2019.This newly developed Bow Wind-Shield reduces the wind resistance on hull body of while ship is running, and it is expected CO2 reduction up to about 2–4% owing to optimal design for Ultra-Large Container Carrier. This is based on the technology…

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