Korean Register to drive LNG fuelled shipping in APEC region

Classification Societies, LNG, Technical, Technology — By on October 29, 2014 at 8:37 PM

kr logoKorean Register (KR) – an IACS member classification society – announces that it is to work alongside the Asia-Pacific Economic Cooperation Secretariat (APEC) to promote the use of LNG fuelled ships in the APEC region.

APEC has awarded a contract to KR to further the understanding of the current state and future potential for LNG fuelled vessels to serve the region’s maritime trade requirements. Work will also include a programme to share knowledge and best practice across the APEC region with the aim of promoting this new technology.

At the 7th APEC Transportation Ministerial meeting held in 2011, the group confirmed their commitment to “an action agenda to move APEC towards an energy efficient, sustainable, low carbon transport future”. LNG fuelled shipping is believed to be one of the optimum potential solutions to help achieve this aim.

KR is to lead the APEC funded project supported by Japanese and Canadian representatives within APEC’s Maritime Expert Group and Transport Working Group. The class society will undertake an extensive programme of research focusing on the current application of LNG technologies, associated safety aspects, seaborne trade statistics and best practice. Results will be shared with APEC member economies to help narrow the technology gap between countries.

Dr. Kim Chang-wook, Executive Vice President and acting Chairman and CEO of KR said:

“We are proud to be internationally recognized as a technical consultancy qualified to deliver high quality research and expertise on LNG fuelled ships to the APEC community. I am confident that this project will raise our collective knowledge on the potential for LNG fuelled vessels and help create a practical environment for the application of this innovative technology for eco-friendly transport solutions.”

The project gets underway shortly and is expected to be completed by the end of 2015.

“Jo”

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