KR (Korean Register) signed a Memorandum of Understanding (MoU) with HD Hyundai Heavy Industries (HD HHI) on 3 June during Nor-Shipping 2025 to jointly develop a very large ethane carrier (VLEC).
As announced, the new VLEC to be developed under this partnership will have a cargo capacity exceeding 100,000 m³. It will be designed to maximize cargo volume while minimizing changes to the main specifications of conventional vessel designs.
Additionally, the vessel will be capable of transporting a variety of cargoes, such as LPG and propylene, enhancing operational flexibility and market responsiveness for shipowners.
Under this joint project, HHI will take the lead in the vessel’s basic and hull design and KR will review the safety and regulatory compliance of the design in accordance with its latest structural rules for gas carriers and international standards, with the aim of granting an Approval in Principle (AiP).
Ryu Hong-Ryul, CTO and Executive Vice President, HHI, stated that the development of this vessel, which is designed to carry more cargo under the same conditions, reflects HHI’s commitment to advancing technology in ethane transportation while supporting improved environmental performance.
This joint effort marks a meaningful starting point in the development of next-generation ethane carriers. KR remains committed to supporting the industry and driving innovation in future ship technologies.
…said Lee Hyungchul, Chairman & CEO, Korean Register.
