A new concept for a floating LNG (FLNG) vessel utilising storage tanks from older LNG carriers has been granted approval in principle (AIP) by ABS.
The design, jointly developed by Japanese companies Kawasaki Kisen Kaisha (K Line) and JGC Corporation (JGC) and supported by Japan's Ministry of Land, Infrastructure, Transport and Tourism, involves transferring and reusing LNG storage tanks from spherical tank (Moss tank) LNG carriers in the hulls of new FLNG facilities.
ABS said that by re-using existing LNG vessels' Type B storage tanks, the potential number of shipyards globally able to build FLNG units is increased, which supports the forecasted demand for a wider and quicker adoption of FLNG technology.