MOL, DSME Join Forces on Cutting FSRUs’ Environmental Impact

MOL FSRUImage Courtesy: MOL

Japanese shipping major Mitsui O.S.K. Lines has entered into an agreement with Korean shipbuilder Daewoo Shipbuilding & Marine Engineering to jointly develop a new technology to reduce environmental impact for Floating Storage and Regasification Units (FSRU).

This new technology named ‘Cryo-Powered Regas’ is aimed at enabling the utilization of the LNG cold energy, which used to be disposed, as power generation energy by adopting the Organic Rankine Cycle in the regasification process of FSRU.

The technology is expected to reduce fuel consumption and CO2 emission of FSRU significantly.

MOL and DSME plan to test the technology in a small-scale pilot facility within 2020, before making it commercially available.

The two industry heavyweights have been cooperating already on FSRU projects.

Namely, in 2017 DSME delivered the MOL FSRU Challenger to MOL.

The FSRU is designated to be used for the Hong Kong Offshore LNG Terminal Project (HKOLNG Project).

It would receive, store, and regasify LNG for the supply of natural gas to Castle Peak Power Company Ltd (CAPCO) and The Hongkong Electric.

The FSRU is to enter into service at the terminal around the end of 2020 earliest after delivery and completion of commissioning.

The research project is being pursued as interest in FSRUs continues to pick up as a solution for flexibility and mobility in both the LNG and electricity supply chain.

FSRUs are used for storing and regasifying LNG, which is then pressurized and piped ashore. A floating LNG terminal is a good way of cutting construction costs and time execution period when compared to constructing a terminal from scratch.

 

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >

MARITIME INDUSTRY 2020

The future of the maritime sector is the point of focus during Maritime Industry 2020.

read more >