Tanker Concept Achieves Approval for Future Fuel Conversion

A 114,000 DWT product and crude oil tanker concept has secured Approval in Principle (AiP) from Lloyd's Register. The design incorporates features enabling future conversion to operate on liquefied natural gas (LNG), methanol, or ammonia.

This development addresses the industry's need for adaptable vessel designs capable of supporting various alternative fuel options. It acknowledges the evolving landscape of technologies, infrastructure, and regulations surrounding future marine fuels.

While LNG is an established fuel pathway, methanol and ammonia are still in earlier stages of development. Questions persist regarding their global availability, infrastructure requirements, economic viability, and long-term adoption within the shipping sector.

The tanker concept integrates conversion readiness at the design phase. This approach aims to simplify future retrofitting processes and offer vessel owners increased confidence when planning long-term fleet investments amidst fuel transition uncertainties.

Lloyd's Register reviewed the design against its July 2026 class rules and regulations. This included requirements for vessels utilising gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules applicable to oil tankers. Final classification and statutory approval will depend on full compliance with all applicable rules and regulations.