04APR2019 - NEWS - ShipInox gets AiP from Classification society DNV GL for its small scale LNG bunker vessel design

Classification society DNV GL has recently presented ShipInox with an Approval in Principle (AiP) for its new small-scale LNG carrier/bunker vessel design. It is the first ever class-approved design based on an offshore supply vessel (OSV).  Interest in gas as a marine fuel is on the rise in the shipping industry. DNV GL’s most recent forecast predicts that by 2050 over 20 per cent of total shipping energy will be provided by LNG. In the shorter term, with the sulfur cap on fuel entering into force in January 2020, the combination of technical maturity, efficiency, availability, and emissions reduction means that LNG is a viable option for many vessels, especially for newbuilding projects. An Approval in Principle is an independent assessment of a concept within an agreed framework, confirming that the design is feasible and no significant obstacles exist to prevent the concept from being realized. The AiP is typically carried out at an early stage of a project to confirm its feasibility towards the project team itself, company management, external investors or future regulators.

Published by Editor - www.Livebunkers.com at 04-Apr-2019 06:10:34 [UTC] , contact editor at editor@livebunkers.com