ABS issues Approval in Principle for Chiyoda’s floating LNG power plant concept

ABS, a leading provider of classification and technical services to the marine and offshore industries, has granted Approval in Principle (AIP) for a floating LNG power plant and Floating Storage and Regasification Unit (FSRU) design concept developed by Japan’s Chiyoda Corporation,

This concept offers a new approach to delivering new sources of power to remote areas of the world. The conceptual design is based on existing LNG carriers which are converted into floating power plants with small (~72 MW) to medium (~400 MW) scale power generation capabilities. In reviewing Chiyoda’s floating LNG power plant concept, ABS applied its relevant Rules and Guides to confirm that the conceptual design meets the intent of applicable class requirements.

Recognizing the changing landscape and increased industry focus on gas, ABS launched its Global Gas Solutions team in 2013 to support industry in developing gas-related projects. The ABS Global Gas Solutions team provides industry leadership, offering guidance in liquefied natural gas (LNG) floating structures and systems, gas fuel systems and equipment, gas carriers, and regulatory and statutory requirements. ABS has extensive experience with the full scope of gas-related assets and has been the classification society of choice for some of the most advanced gas carriers in service.

About ABS
Founded in 1862, ABS is a leading international classification organization devoted to promoting the security of life and property and preserving the natural environment through the development and verification of standards for the design, construction and operational maintenance of marine and offshore assets.