DSME and DNV GL expand cooperation to include future technologies in the shipbuilding and offshore plant industries

Signing the framework agreement: DSME President & CEO Sung-Geun Lee (L) and DNV GL Group President & CEO Remi Eriksen (R) at the DNV GL headquarters in Høvik.

(PRESS RELEASE) OSLO, 14-Jun-2019 — /EuropaWire/ — Daewoo Shipbuilding & Marine Engineering (DSME) and DNV GL to cooperate on joint development projects for future technologies in the shipbuilding and offshore plant industries. DSME President & CEO Sung-Geun Lee and DNV GL Group President & CEO Remi Eriksen signed the framework agreement at the DNV GL headquarters in Høvik.

DSME President & CEO, Sung-Geun Lee commented: “Through the JDPs with DNV GL, we aim to develop new technologies to meet the needs of our clients and further provide the direction in the shipbuilding and offshore industries. We strongly believe the joint research of these two global technical leaders will provide a significant platform to achieve these goals.”

The agreement strengthens the cooperation of DSME and DNV GL through future JDPs to develop advanced technologies to maximize the safety and efficiency of ships and offshore units. Future JDPs include 3D model hull approval, the estimation of allowable wave heights for a 174K LNG FSRU, and a structural safety assessment for SOLIDUS which is an LNG cargo containment system developed by DSME.

DNV GL Group President & CEO, Remi Eriksen commented: “DSME and DNV GL have a long history of cooperation. The agreement is an extension of the technical partnership that has been in place for decades. Developing sustainable and economically feasible technologies has always been a challenge. We look forward to the successful results of the JDPs for both parties and contributing to the industries by offering the best solutions.”

In relation to the expanded cooperation, DNV GL presented DSME with a general approval for ship application (GASA) for DSME’s SOLIDUS LNG cargo containment system. DSME’s extensive experience with LNG carrier newbuildings resulted to SOLIDUS which uses a high-performance and environmentally friendly insulation material developed with BASF, to lower LNG boil-off rates. DSME has also incorporated two metallic barriers into SOLIDUS to optimize the safety of the system and prevent LNG leakage.

Sung-Geun Lee, adds: “DNV GL’s approval of SOLIDUS is a great milestone for DSME, marking our leadership in LNG technology. The SOLIDUS design improves the newbuilding productivity and significantly reduces costs, making it a big step forward in developing the LNG carrier industry for shipbuilders and suppliers. I am very proud that DSME’s pioneering spirit is leading the market in this way. We will continue R&D on SOLIDUS and discussions are already underway for a new vessel using the system.”

About DSME (Daewoo Shipbuilding & Marine Engineering)

DSME was founded in 1973 at Okpo bay, South Korea. it is one of the world’s top shipbuilding and offshore contractors who is specialized in building various vessels, offshore & onshore plants, drilling rigs, FPSO/FPUs, submarines, and destroyers.

Media contact:

Nikos Späth
Head of Media and Public Relations, DNV GL – Maritime
Phone: +49 40 36149 4856

SOURCE: DNV GL