The steel that is used is lighter, without jeopardising integrity.

By Joseph Murphy

South Korea's Hyundai Mipo Dockyard has secured design approval from Lloyd's Register (LR) and the Liberian International Ship and Corporate Registry (LISCR) to develop the world's first 30,000-m3 liquefied CO2 (LCO2) carrier, LISCR said on September 15.

The new carrier will incorporate a new type of steel in its tanks, which LISCR said would increase the efficiency of CO2 storage and transport. It is lighter, without jeopardising integrity, enabling larger-scale vessels to carry CO2.

LR will advise on technical regulations and the development of a Type C storage tank using the new steel. LR will work with the Liberian Flag Administration to formalise approval of the vessel and certify it for service.