ABS, Gaztransport & Technigaz (GTT) and DHT Holdings have signed a joint development project (JDP) to optimise a new, very large crude carrier (VLCC) with LNG propulsion that meets Class and statutory requirements.
The dual fuel vessel promises to provide flexibility for operations and to reduce GHG emissions. The agreement will see ABS, GTT and DHT focus on optimising the VLCC design, exploring the total cost of operation by analysing the operating profile and fuel availability at frequently visited ports. The companies will collaborate on subjects such as LNG fuel volume, tank size optimisation and impact on regulatory measures such as CII.
John McDonald, ABS President and COO said: “LNG has significant potential to improve the emissions performance of vessels, including VLCCs. Flexibility afforded by dual fuel operations combined with the potential for improved CII rating may well contribute to a longer lifespan and increase appeal to charterers. ABS is proud to be able to use our experience to contribute to this important JDP.”
Philippe Berterottière, GTT Chairman and CEO, said: “GTT is delighted to join forces with ABS and DHT Holdings, experts in their respective domains. This JDP aims to develop the future of crude oil transportation with the most advanced environmentally efficient VLCC design. The cutting-edge membrane technology pioneered by GTT provides the sought-after flexibility for ship-owners as well as the optimal solution to facilitate a seamless transition into a carbon-neutral future.”
Svenn Magne Edvardsen, MD DHT Ship Management (Singapore), said: “We are pleased to collaborate with ABS and GTT in this Joint Development Project, aimed at enhancing the LNG dual fuel VLCC design. This strategic partnership is expected to optimise this design of a LNG DF VLCC with membrane-type tanks, by leveraging the expertise of the stakeholders of the JDP.”