A new LNG containment system designed by Braemar Group is expected to be approved by Bureau Veritas soon, the company revealed.
As disclosed, Braemar is in “advanced stages of approval” for the system, which is “particularly suited to small scale LNG including bunkering although not size limited.”
This was stated by Andy Bright, Director, Braemar Engineering, while speaking on the advanced technology and very precise engineering requirements around containment systems and propulsion options at the London International Shipping Week (LISW) being held from September 11 to 15.
Back in 2014, Braemar and General Dynamics NASSCO agreed to utilize its patents in the design and construction of the flat panel semi-membrane prismatic-shaped (FSP) LNG tank containment systems. After taking over the license from NASSCO, Braemar partnered up with Shanghai Aerospace to construct the prototype tank.
The FSP LNG tank-containment system Type B uses new flat plate technology to overcome the issues associated with partial filling and sloshing. The system is designed to be constructed, outfitted, insulated and tested off the hull and lifted completely into the vessel while it is still in the construction dock. This leads to a significant reduction in vessel construction time.
Representatives from Braemar LNG Group gave an audience of LISW an overview relating the technical, commercial and market trends of the often very complex world of LNG shipping.
Denis Petropoulos, Director of Braemar Shipping Services, summed up his colleagues’ presentations by saying: “Our involvement in the design of a new type of containment system may be ground breaking, potentially useful in small scale LNG, such as distribution of smaller parcels as well as bunkering. There is no reason the system cannot be larger competing with those we are already familiar with.”
“The group has extensive experience in the major LNG construction yards in Korea, Japan, as well as China and our technical expertise has been called into the conversions and construction of FSU’s and FSRU’s in Singapore,” he added.
Last week, Braemar Shipping Services informed it decided to acquire NAVES Corporate Finance, a private limited liability company. NAVES was founded in 2009 to target market for distress in the global ship financing market.