K Shipbuilding, Sejin Heavy Industries and ClassNK have signed an MoU (memorandum of understanding) regarding the joint development of a new generation Eco LPG carrier that complies with the IGC Code amendment.
An amendment to the IGC Code, an international code for the construction and equipment of ships carrying liquefied gases in bulk, is scheduled to be adopted at MSC 112 (to be held in December 2026) and to enter into force on July 1, 2028. Prior to its application, K Shipbuilding, Sejin Heavy Industries and ClassNK agreed to the joint development of a 9,000 m³ LPG carrier that complies with the amended code.
In addition, the LPG carrier to be developed under this project will be equipped with energy saving devices (ESDs) aimed at improving operational efficiency. By incorporating a rudder bulb and energy saving fin, both of which contribute to enhanced propulsive efficiency, the vessel is expected to achieve improved fuel efficiency and reduced GHG emissions.
The roles of each party are as follows:
- K Shipbuilding: Development of the 9,000m³ LPG carrier applying the IGC Code amendment
- Sejin Heavy Industries: Development of cargo tank design applying the IGC Code amendment and wide-plate bending technology
- ClassNK: Review of the design based on the IGC Code amendment
Through this collaboration under the MoU, K Shipbuilding, Sejin Heavy Industries and ClassNK aim to ensure the smooth application of the IGC Code amendment and contribute to the safe maritime transport of liquefied gases.
Image: MoU signing ceremony (source: ClassNK)
