Norway´s shipowner Knutsen teams with LR, HD KSOE and HHI to assess for the first time lifecycle carbon emissions on LNG carrier newbuild.

Joint Development Project by Lloyd’s Register, Knutsen, HD Korea Shipbuilding and Offshore Engineering and HD Hyundai Heavy Industries, will make first-of-a-kind study and help shipowners to make a decision on whether to extend the lifetime of vessels, to do conversions/upgrades or to build new vessels in order to minimize emissions.

The assessment will provide the detailed environmental impact of an identified LNG carrier and its carbon emissions, quantifying each construction stage’s raw material usage, energy inputs and environmental releases as well as the emissions for the vessel’s operations and eventual disposal.

The partners will work together on the project as this study will determine the environmental output of the vessel build process, and help organisations to improve their regulatory readiness and provide estimations on the impacts of future regulations, along with data to provide the basis for sustainability strategies.

The project is the first maritime industry study to measure carbon emissions for the entire life cycle of a ship from raw material extraction to decommissioning/recycling of the ship, including equipment and component manufacture, its transportation to the shipyard, construction and commissioning, operation and the maintenance of the ship.

The JDP will also lay the groundwork for LR rulesets, requirements, and guidance on how to assess carbon emission in the entire lifecycle of a ship.

Andy McKeran, Chief Commercial Officer, Lloyd’s Register, said: “As part of the decarbonisation of our sector, maritime organisations need to ensure that they rethink the sustainability of the design, build and operation of vessels.”

“This first of its kind study will provide stakeholders with the unique opportunity to collect quantifiable data that measures the environmental impact of the ship build process and analysis across a vessel’s entire life cycle. This is vital information that will help organisations to determine their future sustainability strategies.”