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Trump says he will nominate former George Soros money manager Scott Bessent to lead the Treasury Department
HJ Shipbuilding & Construction (HJSC) announced that it has received Approval in Principle (AIP) from Lloyd's Register (LR) of the UK for its design concept of a next-generation, eco-friendly, ultra-large ammonia carrier (VLAC), with a capacity of 88,000 cubic meters. In July, HJSC and Lloyd's Register signed a Memorandum of Understanding (MOU) to develop a next-generation ultra-large ammonia carrier and have since focused intensively on research activities for about six months. Ammonia is drawing attention as a clean alternative fuel with no carbon dioxide emissions, positioned alongside hydrogen as a maritime fuel to prepare for a carbon-free era. With the International Maritime Organization (IMO) formalizing the 'Net-Zero' plan, which aims for zero carbon emissions from ships by 2050, there is an anticipated increase in orders for ammonia carriers and ships using ammonia as their main fuel. HJSC successfully certified the basic and structural design of the 88,000m3 ultra-large ammonia carrier, meeting the design load conditions required by Lloyd's Register, building on the technology acquired from developing eco-friendly ships like LNG dual-fuel and methanol-powered container ships. In this project, HJSC not only focused on the structural design of the ammonia carrier but also developed a TYPE-A tank design using low-temperature steel to minimize cracks, which can occur due to the nature of ammonia. Lloyd's Register reviewed this design to ensure structural safety and compliance with international regulations. HJSC plans to actively respond to the decarbonization ship market demand with this design concept approval. Additionally, they intend to prepare for the increasing order demand by further developing ammonia-powered carriers in line with the commercialization of marine ammonia-fueled engines. “The development of eco-friendly fuel-powered container ships, in response to the IMO’s 2050 carbon-zero goal, has been well received in the market," said CEO Yoo Sang-cheol. "We will lead the eco-friendly ship market through continuous R&D on decarbonization ships, including carbon capture and storage technology, hydrogen ships, and liquefied carbon dioxide carriers.”LAUSANNE, Switzerland (AP) — Russian billionaire Alisher Usmanov has been elected to a new term as president of the International Fencing Federation while he faces ongoing sanctions. The federation, known as the FIE, said in an emailed statement that Usmanov won 120 votes for a majority at the congress on Saturday in Uzbekistan, where he was born. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week
Blues host the Flyers after Holloway's 2-goal gameVentive Hospitality IPO listing date today. GMP, experts signal positive debut of sharesNFL Announces Punishment for Colts QB Anthony Richardson
Leo Monthly Horoscope for December, 2024 predicts rewarding results
Trump says he will nominate former George Soros money manager Scott Bessent to lead the Treasury Department
HJ Shipbuilding & Construction (HJSC) announced that it has received Approval in Principle (AIP) from Lloyd's Register (LR) of the UK for its design concept of a next-generation, eco-friendly, ultra-large ammonia carrier (VLAC), with a capacity of 88,000 cubic meters. In July, HJSC and Lloyd's Register signed a Memorandum of Understanding (MOU) to develop a next-generation ultra-large ammonia carrier and have since focused intensively on research activities for about six months. Ammonia is drawing attention as a clean alternative fuel with no carbon dioxide emissions, positioned alongside hydrogen as a maritime fuel to prepare for a carbon-free era. With the International Maritime Organization (IMO) formalizing the 'Net-Zero' plan, which aims for zero carbon emissions from ships by 2050, there is an anticipated increase in orders for ammonia carriers and ships using ammonia as their main fuel. HJSC successfully certified the basic and structural design of the 88,000m3 ultra-large ammonia carrier, meeting the design load conditions required by Lloyd's Register, building on the technology acquired from developing eco-friendly ships like LNG dual-fuel and methanol-powered container ships. In this project, HJSC not only focused on the structural design of the ammonia carrier but also developed a TYPE-A tank design using low-temperature steel to minimize cracks, which can occur due to the nature of ammonia. Lloyd's Register reviewed this design to ensure structural safety and compliance with international regulations. HJSC plans to actively respond to the decarbonization ship market demand with this design concept approval. Additionally, they intend to prepare for the increasing order demand by further developing ammonia-powered carriers in line with the commercialization of marine ammonia-fueled engines. “The development of eco-friendly fuel-powered container ships, in response to the IMO’s 2050 carbon-zero goal, has been well received in the market," said CEO Yoo Sang-cheol. "We will lead the eco-friendly ship market through continuous R&D on decarbonization ships, including carbon capture and storage technology, hydrogen ships, and liquefied carbon dioxide carriers.”LAUSANNE, Switzerland (AP) — Russian billionaire Alisher Usmanov has been elected to a new term as president of the International Fencing Federation while he faces ongoing sanctions. The federation, known as the FIE, said in an emailed statement that Usmanov won 120 votes for a majority at the congress on Saturday in Uzbekistan, where he was born. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week
Blues host the Flyers after Holloway's 2-goal gameVentive Hospitality IPO listing date today. GMP, experts signal positive debut of sharesNFL Announces Punishment for Colts QB Anthony Richardson
Leo Monthly Horoscope for December, 2024 predicts rewarding results