Hanwha Power Obtains ABS Approval in Principle for 22,000 CBM LNG Bunkering Vessel Concept Design
Hanwha Power Obtains ABS Approval in Principle for 22,000 CBM LNG Bunkering Vessel Concept Design
PR Newswire
SEOUL, South Korea, Sept. 15, 2026
- Jointly participated in GASTECH 2026 with Hanwha Ocean and Hanwha Engines, showcasing the Group's integrated marine and energy solutions.
- Applied multi-cargo technology for LNG and ammonia, along with a hybrid electric propulsion system.
- Strengthened the competitiveness of an integrated engineering and procurement package by incorporating the Group's core technologies.
SEOUL, South Korea, Sept. 15, 2026 /PRNewswire/ -- Hanwha Power announced on September 15 that it has obtained Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for the concept design of a 22,000-cubic-meter LNG bunkering vessel at GASTECH 2026, the world's largest gas and energy exhibition, held in Bangkok, Thailand.

At GASTECH 2026, Hanwha Power operated a joint booth with major marine and energy affiliates, including Hanwha Ocean and Hanwha Engines, showcasing comprehensive marine solutions from eco-friendly vessel transitions and propulsion systems to marine equipment and related technologies.
The certificate presentation ceremony was held on September 15 local time, attended by Hanwha Power Marine Solution Business Division Head Hoon-min Kim, Vice President Jong-kyu Hwang, who oversees Technical Solutions, and key ABS representatives.
With this AiP, Hanwha Power has completed its lineup of medium- and large-scale LNG bunkering vessels, ranging from 7,500 to 22,000 CBM.
A key feature is the design's LNG-ammonia multi-cargo capability, enabling transport of both LNG and ammonia, an emerging next-generation clean fuel. The design incorporates high-manganese steel cargo containment technology, Mc-CⓇ, allowing adaptation to future alternative fuels with minimal modifications, providing shipowners greater long-term flexibility and competitiveness.
Given bunkering vessels' coastal operating profile, Hanwha Power applied a hybrid electric propulsion system integrating Onshore Power Supply (OPS) with an Energy Storage System (ESS). This minimizes harmful emissions while berthed or operating in coastal areas, while improving operational efficiency and economic performance.
Hanwha Power also incorporated Group core technologies, including dual-fuel generator sets, ESS, Electrical Power System integration, Integrated Automation System, and Cargo Handling System. By integrating these, the company aims to maximize competitiveness and synergies of its integrated Engineering and Procurement (EP) package.
"This ABS AiP marks another important milestone demonstrating Hanwha Power's technological reliability and commercial viability in the global eco-friendly vessel market," said Hoon-min Kim, Head of Hanwha Power's Marine Solution Business Division. "Building on Hanwha Group's differentiated clean-technology capabilities, we will continue to provide global shipowners with optimized integrated solutions for the transition to more sustainable marine transportation."


SOURCE Hanwha Power

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
5 Stocks to Sell for Tax-Loss Harvesting
33 Undervalued Stocks to Buy Before the Market Shifts Again
Ask the Analyst: What Is the Best Source for Low-Risk Tax-Free Income?
What’s Ahead for Stocks This Quarter—and Where to Invest
