Liberian and Korean registries grant AiP to SHI for wind-powered LNG carrier design

The Liberian Registry, the world’s largest ship registry, and the Korean Register (KR) awarded Samsung Heavy Industries (SHI) Approval in Principle (AiP) on 19 November for the basic design of an LNG carrier equipped with wing sails.

This eco-friendly auxiliary propulsion system generates thrust by creating lift through a pressure difference across the upper and lower sections of the wing-like sail structure.

Moreover, the newly certified LNG carrier improves propulsion efficiency by...

https://container-news.com/liberian-and-korean-registries-grant-aip-to-shi-for-wind-powered-lng-carrier-design/

Samsung Heavy Industries, Lloyd’s Register sign ammonia-fuelled boxship agreement

Samsung Heavy Industries (SHI) and Lloyd’s Register have signed a joint development project (JDP) for approval in principle (AiP) for an ammonia-fuelled 9,300 TEU container ship.

Under the agreement, SHI will work with Eastern Pacific Shipping to conduct the design studies on the ammonia-fuelled container vessel and Lloyd’s Register will provide the review of SHI deliverables and technical advice for further design development.

This AiP follows another recently awarded AiP to SHI and Amogy for an...

https://container-news.com/samsung-heavy-industries-lloyds-register-sign-ammonia-fuelled-boxship-agreement/

Samsung Heavy Industries achieves landmark US$3.4 billion deal

Samsung Heavy Industries announced a significant milestone, sealing a US$3.4 billion deal with a ship owner from the Middle East.

This agreement entails the construction of fifteen LNG carriers, each with a capacity of 170,4000 m³ (cubic metres), scheduled for delivery by October 2028.

This contract marks a new pinnacle for Samsung Heavy Industries, surpassing its previous record of US$2.9 billion achieved last July with the signing of a contract for 16 methanol-powered container ships.

Furthermore...

https://container-news.com/samsung-heavy-industries-achieves-landmark-us3-4-billion-deal/