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HD Hyundai Mipo to Begin Full-scale Construction of LCO₂ Carrier

2024.08.09


 

▶Officially commencing the construction of the first of four 22,000m3 LCO2 carriers for Capital Group
▶Minimizing air pollution with Alternative Maritime Power (AMP) and Selective Catalytic Reduction (SCR)

Seoul, South Korea – August 9, 2024 - HD Hyundai Mipo, HD Hyundai’s shipbuilding subsidiary, has commenced the construction of liquefied carbon dioxide (LCO₂) carriers.

The company held a steel-cutting ceremony for a 22,000m3 LCO₂ carrier at its headquarters in Ulsan on August 9.

As of this day, the vessel has entered full-scale construction. It is the first of four LCO₂ carriers ordered from Greece's Capital Group between July of last year and January of this year. It is currently the largest CO₂ carrier ordered worldwide.

The vessel measures 159.9 meters in length, 27.4 meters in width, and 17.8 meters in height and features ice-resistant design technology (Ice Class 1C) to safely navigate icy waters.

It is also equipped with three Bi-lobe CO₂ storage tanks capable of maintaining low temperatures of minus 55℃ and withstanding high pressure five times that of the atmosphere. These tanks are designed to handle not only liquefied CO₂ but also liquefied petroleum gas (LPG), ammonia (NH3), and other liquefied gases.

HD Hyundai Mipo plans to incorporate a 2,500kW Alternative Maritime Power (AMP) and a Selective Catalytic Reduction (SCR) system to minimize air pollutants such as fine dust and sulfur oxides. Additionally, the vessel will be adaptable for future conversion to an ammonia-powered vessel.

An LCO₂ carrier vessel, which transports CO₂ captured from the atmosphere, requires technology to maintain consistent tank pressure to ensure stable cargo storage. If the pressure in the cargo hold drops, the LCO₂ can solidify into dry ice, potentially causing pipeline issues and other problems.

To address this, HD Hyundai Mipo has been enhancing its pressure control technology through its Ship Carbon Neutral R&D Demonstration Facility, which was launched in April in collaboration with HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Heavy Industries, and other HD Hyundai Shipbuilding subsidiaries.

"We are intensifying our development of new technologies and expanding our production facilities in response to the increasingly stringent decarbonization regulations,” said an official of HD Hyundai Mipo. “We aim to gain a competitive edge in the next-generation ship market and become a leading provider of maritime mobility solutions."

Meanwhile, the construction of the four LCO₂ carriers will proceed sequentially, with delivery planned from November next year through the second half of 2026.
 
#HD Hyundai Mipo

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