LR, a leading global provider of classification, compliance and advisory services to the marine and offshore industries, has awarded Approval in Principle (AiP) to Dalian Shipbuilding Industry Company (DSIC), the largest shipbuilding company in China, for the first Chinese Newcastlemax bulk carrier concept to be powered by ammonia, a promising zero-carbon-emitting fuel.
As the classification society selected for the project, LR’s role was to review the suitability and risks of the design,...