Lloyd's Register (LR) said that the approval was in principle, the outcome of a joint development project initiated in January 2020 between the two parties.

As part of the joint development project, Hyundai developed the design of the 30,000 cbm LNG carrier with an IMO type B tank.

The task of LR was to review the suitability and risks of the design, which included an evaluation of the structural design and fatigue design.

“Based on LR’s certification, we will continue to respond to the strengthening of environmental regulations by the IMO, while also pioneering this new LNG carrier design. Through this approval, we have developed an innovative technology that applies to an IMO type B cargo tank, which offers high space utilisation to the 30,000 cbm LNG carrier," said Young–Joon Nam, managing director of Hyundai Mipo’s design division.

Maritime Business World