Day: September 22, 2024
Lloyd’s Register awards HD Hyundai Mipo AiP for 20,000 cbm LCO₂ Carrier
HD Hyundai Mipo Co., Ltd. (HMD) and Lloyd’s Register (LR) have made an important breakthrough in the transportation of liquid carbon dioxide (LCO₂). Together, they have successfully developed a new type of ship designed to carry large amounts of LCO₂, which will play a key role in reducing carbon emissions worldwide. On September 19, during…
Lloyd’s Register and HD Hyundai Mipo announce Approval in Principle for new ammonia-fuelled ship design
Lloyd’s Register Approves New Ammonia-Fueled Ship Design by Hyundai Lloyd’s Register (LR) has given its Approval in Principle (AiP) to HD Hyundai Mipo Dockyard (HMD) for a new ship design powered by ammonia fuel. This marks a big step towards using cleaner energy in the shipping world, helping to reduce harmful emissions. The new ship…
In The Next Five Years, India To Reduce Logistics Expenses To Single Digit Percentage
Union Minister Nitin Gadkari has stated that India wants to cut its logistics expenses to a single-digit percentage in the next five years. He cited continuing building on highways and expressways as important projects. Gadkari also stressed the importance of boosting farmers’ purchasing power to promote economic growth and his goal of making India the…
DNV Awards AiP to HMD for innovative 60K LPG/NH3/VCM Carrier Design
On September 20, 2024, DNV gave Approval in Principle (AiP) to HD Hyundai Mipo (HMD) for their new ship design. The design is for a 60,000m³ carrier that can transport LPG (Liquefied Petroleum Gas), ammonia, and VCM (Vinyl Chloride Monomer). This ship is built to meet the growing need for Medium Gas Carrier (MGC) vessels…
Mumbai Port Authority Will Build A Marina In The Sea Using The EPC Model
The Mumbai Port Authority has decided to build a new marina in the water, changing its earlier plan of constructing it on land. Originally, the port had planned to develop the marina using the public-private partnership (PPP) model. However, now they will use their funds to complete the project. The port authority had issued two…