HD Hyundai Mipo Strengthens Liquefied CO₂ Carrier Competitiveness Through Regulatory Sandbox

Special Demonstration Case Approved for Ship Charging Using Tank Lorries
Improved Commissioning Efficiency and Delivery Reliability Expected

HD Hyundai Mipo is leveraging the industrial convergence regulatory sandbox to enhance its competitiveness in securing orders for liquefied carbon dioxide carriers.

HD Hyundai Mipo announced on the 22nd that its recent proposal, "Ship Liquefied Carbon Dioxide Charging Using Tank Lorries," has passed the deliberation of the Industrial Convergence Regulatory Special Case Committee under the Ministry of Trade, Industry and Energy and will be implemented starting November 5.

A 22,000㎥ liquefied carbon dioxide carrier by HD Hyundai Mipo, utilizing flexible hoses and a self-manufactured portable manifold for cargo hold charging. Provided by HD Hyundai Mipo

Under the current High-Pressure Gas Safety Control Act, tanks fixed to vehicles are not classified as high-pressure gas charging or storage facilities. However, with the approval of this special demonstration case, charging cargo holds using tank lorries has been exceptionally permitted. As a result, the previous procedures-which required installing a charging terminal at a separate site and moving the vessel for commissioning-can now be omitted, leading to cost reduction, improved operational efficiency, and enhanced delivery reliability.

For the commissioning of four 22,000㎥ liquefied carbon dioxide carriers currently under construction, HD Hyundai Mipo plans to use flexible hoses and a self-manufactured portable manifold (a device that connects multiple tank lorries simultaneously) at the shipyard quay to charge liquefied carbon dioxide into the cargo holds of the vessels.

The market outlook for liquefied carbon dioxide carriers is also promising. According to DNV (Det Norske Veritas), the annual volume of carbon dioxide captured worldwide is expected to increase from 210 million tons in 2030 to 1.3 billion tons in 2050, with most of it anticipated to be transported by ship.

A representative from HD Hyundai Mipo stated, "Liquefied carbon dioxide carriers are emerging as a new growth engine in the mid-sized vessel market," adding, "With this special regulatory case, we will further enhance our order competitiveness and lead the market."