Lloyd’s Register Grants Approval in Principle to Oshima Shipbuilding’s Multi-Fuel-Ready Bulk Carrier Design
Lloyd’s Register (LR) has recently awarded Approval in Principle (AiP) to Oshima Shipbuilding Co., Ltd. for its innovative multi-fuel-ready Ultramax bulk carrier design. This development signifies a significant step towards lower and zero-carbon operations in the maritime industry.
Lloyd’s Register grants Approval in Principle to Oshima Shipbuilding’s cutting-edge 64,000 dwt bulk carrier concept designed to accommodate various future fuel pathways. The vessel is equipped to utilize ammonia, methanol, and methane (LNG) with provisions for onboard carbon capture and storage (OCCS).
The multi-ready approach adopted by Oshima Shipbuilding allows shipowners to defer final fuel decisions while ensuring asset value and operational relevance throughout the vessel’s lifetime. This strategic flexibility aligns with the industry’s shift towards sustainable and decarbonized shipping solutions.
Lloyd’s Register’s Approval in Principle (AiP) for Oshima Shipbuilding’s multi-fuel-ready Ultramax bulk carrier design signifies a significant milestone in the maritime industry’s pursuit of sustainable and environmentally conscious operations. The approval, presented at Oshima Shipbuilding’s headquarters in Japan, highlights the vessel’s versatility in accommodating multiple future fuel pathways, including ammonia, methanol, and LNG, along with onboard carbon capture and storage capabilities.
LR’s comprehensive technical review of the design, conducted in accordance with its ShipRight Risk Based Certification framework, ensures the safety, feasibility, and integration of the proposed fuel and carbon capture arrangements. This independent assurance paves the way for the concept to progress towards detailed design and potential construction, contributing to the industry’s decarbonization efforts.
Sung-Gu Park, North East Asia President at Lloyd’s Register, emphasizes the importance of Oshima Shipbuilding’s forward-thinking approach in providing shipowners with a practical and future-resilient solution amidst evolving global regulatory expectations. Dr. Junichi Man, Managing Director of Oshima Shipbuilding, expresses gratitude for LR’s support and collaboration in developing the multi-ready vessel concept, which offers flexibility and compatibility with various future fuel options.
The AiP strengthens the longstanding partnership between LR and Oshima Shipbuilding, underscoring the significance of early-stage assurance in accelerating the adoption of next-generation technologies across the global fleet. This collaboration sets a precedent for innovative and sustainable practices in the maritime industry, driving progress towards a greener and more efficient shipping sector.
