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LR announces partnership with Samsung Heavy for floating production and storage system for green ammonia

Lloyd’s Register (LR) recently signed a Memorandum of Understanding with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. 

The FPSO process has been widely used in the oil and gas industries, but its application for ammonia is relatively new.  

The unit will use renewable energy to provide power for electrolysis of seawater to produce green hydrogen, which will be combined with nitrogen and synthesised to produce green ammonia, ready for offloading to ammonia carriers. It is planned to be linked with offshore windfarms in Europe. 

Under the agreement, SHI will carry out the design for the FPSO and LR will undertake the review of SHI deliverables and provide technical advice for further design development.  

Lloyd’s Register is leading the safe and sustainable use of ammonia fuel in the containership industry. Through its “Fuel for Thought” alternative fuel report series, LR has established its expertise in supporting companies adopting ammonia as a fuel. Services include comprehensive HAZID, HAZOP, and quantitative risk assessments, along with several approvals in principle for vessel designs and technologies, and notable advancements in technical rule development. As a safety-focused, fuel-agnostic organisation, LR aims to create a safe framework for the ammonia cargo market and its use with other fuels.  

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