For Immediate Release
May 04, 2017
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ABS Media Relations
(Houston) ABS, a leading provider of classification and technical services to the marine and offshore industries, signed an agreement with Daewoo Shipbuilding and Marine Engineering Co. (DSME) to support safety and apply class guidance to a conceptual Floating Liquefied Natural Gas (FLNG) unit.
“We are pleased to sign this agreement and work with DSME to support new innovations and technology advancements in the offshore industry,” says ABS Executive Vice President of Global Offshore Ken Richardson. “As gas continues to play an increasingly important role in the global energy mix and industry looks to develop new resources, ABS remains committed to its mission of advancing safety.”
The project is planned to commence at the end of May and have a duration of twelve months. ABS will review the conceptual design to the applicable class requirements and provide industry-leading guidance to support safety during development.
“By partnering with ABS, we are able to apply their best-in-class standards and leverage their extensive experience in the offshore sector,” says DSME COO of Offshore Business Unit, Mr. Jang-Jin Kim. “Successful construction of the world’s first FLNG, ‘SATU’, in 2016, is further proof of DSME’s technological excellence. Working with ABS as our advisor, we will be able to develop an effective design with robust safety and enhance the LNG value chain.”
Recognizing the changing landscape and increased industry focus on gas, ABS launched its Global Gas Solutions team in 2013 to support industry in developing gas-related projects. A pioneer in classification for the safe transport and handling of gas, ABS classed the world’s first LPG carrier conversion, the first LNG carrier conversion, the Methane Pioneer, in 1959, as well as the first newbuild LNG carrier, Methane Princess, in 1964, and has extensive experience with the full scope of gas-related assets, including many of the most advanced gas carriers in service. ABS is the industry leader in classification of liquefied gas carriers.
Founded in 1862, ABS is a leading international classification organization devoted to promoting the security of life and property and preserving the natural environment through the development and verification of standards for the design, construction and operational maintenance of marine and offshore assets.