K Shipbuilding, Sejin and ClassNK signed MOU for joint development of new generation Eco LPG carrier applying the amended IGC Code- MOU signing ceremony held at Gastech 2026
K Shipbuilding Co., Ltd., Sejin Heavy Industries Co., Ltd. and ClassNK have signed an MOU (Memorandum of Understanding) regarding the joint development of a new generation Eco LPG carrier that complies with the IGC Code amendment. The signing ceremony was held at Gastech 2026 in Bangkok, Thailand. An amendment to the IGC Code, an international ...
The Memorandum of Understanding (MOU) between K Shipbuilding Co., Ltd., Sejin Heavy Industries Co., Ltd., and ClassNK was signed at the Gastech 2026 event in Bangkok, Thailand. The collaboration aims to develop a new generation Eco LPG carrier that adheres to the upcoming amendment to the International Gas Carrier (IGC) Code. This amendment is set to be adopted during MSC 112, scheduled for December of the same year, and will come into effect on July 1, 2028.
The new LPG carrier project entails the construction of a vessel with a capacity of 9,000 cubic meters, fully compliant with the amended IGC Code. In addition to the code compliance, the ship will be equipped with Energy Saving Devices (ESDs), including a Rudder Bulb and Energy Saving Fin. These features are designed to enhance the ship's propulsive efficiency, leading to improved fuel efficiency and a significant reduction in greenhouse gas emissions.
Through this strategic partnership, K Shipbuilding, Sejin Heavy Industries, and ClassNK intend to ensure a seamless application of the IGC Code amendment. By doing so, they aim to facilitate the safe and environmentally responsible transportation of liquefied gases via sea.
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