LATTICE TECHNOLOGY SECURES FIRST COMMERCIAL SALE OF ITS ON-BOARD LPV LNG FUEL TANK
LATTICE Technology’s CEO Hoonjin Park confirmed on May 23rd that the company has secured the order for a 15m3 a lattice pressure vessel (LPV®) LNG fuel tank to be installed onboard a newbuild Port Cleaning Ship to assume service for the Ulsan Port Authority during 2019. The LPV® tank is a Type C-equivalent pressure vessel based on proprietary design by LATTICE Technology. This will be the first commercial contract for a LPV as well as the first LNG-fueled, public service vessel in South Korea.
The Port Cleaning Ship is the first project
following the Korean government’s recent assertion that it will actively boost eco-friendly LNG-fuelled shipping by ordering LNGfuelled public service ships and supporting use of LNG-fueled, commercial ships. LATTICE Technology is proud to have been chosen to deliver its unique LPV LNG fuel tank for this project. This LPV is designed for 9 barg pressure and its shape is adapted to the specific ship structure; this implies that it provides 50 percent more capacity than that of a traditional, cylindrical pressure vessel.
LATTICE technology’s proprietary LPV containment system for LNG has been approved by seven international classification societies following the successful test of four prototype tanks. Sunbo Industry will combine the LPV fuel tank with its LNG fuel supply system. The total system will be tested and certified by the Korean Register (KR) and delivered to Korea Shipyard in November of this year.
Dr. Pål Bergan, CTO, explains the many advantages of the technology; “The LPV employs a modular, internal lattice structure that enables a completely new type of pressure vessel with unique flexibility with regard to being fully scalable in all directions with a box-like shape. The design is easily adapted to a prescribed design pressure and the overall safety performance is superior to traditional cylindrical pressure vessels. Also, resulting from the internal structure, the fluid sloshing problem is eliminated by default”.
Full story:
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DENMARK CANCELS REGISTRATION FEE FOR DANISH REGISTER IN ATTEMPT TO BOOST FLEET SIZE
The Danish Parliament adopted a legislative amendment on 26 of April, which cancels the registration fee for vessels in the Danish Registers of Shipping. The aim of this amendment is to increase the attractiveness of the Danish Flag.
Denmark supports that this measure will indeed increase the attractiveness of the Danish Flag, as it now offers the same benefits as foreign Flags.
This amendment also provides increased economic activity and international influence, when the Danish Flag attracts more vessels from both national as foreign shipowners.
The amendment entered into force on the 1st of May 2018, but with a retroactive effect from the 1st of January 2018.
A refund of the registration fee is possible, provided that it has been paid during the period 1st of January 2018 to 30th of April 2018 and provided it exceeds an amount of 200 DKK.
All applications for repayment will be processed by SKAT. The deadline for applying for repayment of the registration fee is the 31st of July 2018.
The Report • June 2018 • Issue 84 | 9
Marine News
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