Hanwha Ocean and Bureau Veritas Sign Agreement to Collaborate on the Development
Hanwha Ocean Co., Ltd. (Hanwha Ocean) and Bureau Veritas Marine & Offshore (BV) have recently announced a strategic collaboration to develop an innovative LCO₂ Cargo Handling System for next-generation 40K LCO₂ carriers. This partnership aims to create a safe, efficient, and reliable cargo handling solution to meet the increasing demand for maritime transportation of carbon dioxide as part of global carbon capture, utilization, and storage (CCUS) initiatives.
Joint Efforts for Cutting-Edge Technology
The agreement between Hanwha Ocean and BV signifies a significant step forward in their longstanding partnership. By working closely together, the two companies will assess the design and ensure compliance with relevant rules, regulations, and industry standards. This collaboration underscores their shared dedication to advancing innovative maritime technologies that promote decarbonization and contribute to global greenhouse gas reduction targets.
Accelerating Next-Generation Solutions
Hanwha Ocean’s expertise in shipbuilding and offshore engineering, combined with BV’s leadership in classification and certification services, positions the collaboration to expedite the development of next-generation LCO₂ transportation solutions. Together, they aim to support the realization of global net-zero ambitions by providing cutting-edge technology for the industry.
Young Chang Shon, CTO at Hanwha Ocean Co., Ltd., expressed optimism about the partnership, stating, “The cargo handling system for 40K LCO2 Carrier has been developed with an optimized design to maximize performance and safety. Through this Approval in Principle (AiP) with BV, we look forward to demonstrating the system’s reliability and further strengthening its readiness for application in next-generation LCO₂ carriers.”
As the maritime industry continues to evolve and embrace sustainable practices, collaborations like the one between Hanwha Ocean and BV play a crucial role in driving innovation and advancing environmental goals. The joint efforts of these two industry leaders reflect a commitment to creating cutting-edge solutions that pave the way for a more sustainable future in maritime transportation.
