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KR Awards Approval In Principle To Louis Dreyfus Ports & Logistics’ FRESH vessel
19 Jan. 2023

The floating renewable energy solution for a hydrogen (FRESH) vessel

Korean Register (KR) has awarded approval in principle to subsidiary Louis Dreyfus Ports & Logistics (LDPL).

To enable a global renewable energy supply chain, LDPL has developed an innovative seagoing Floating Renewable Energy Solution for Hydrogen vessel (FRESH) capable of storing and supplying renewable energy in the form of hydrogen using green ammonia. The floating renewable energy solution for hydrogen (FRESH) vessels will support global efforts to lower carbon intensity.

KR and LDPL inked a memorandum of understanding in September 2022, sealing their agreement to collaborate and develop a fit-for-purpose technical and regulatory-compliant framework ahead of the industrialization and commercialization of FRESH by 2025. On 1 November 2022, KR awarded an Approval in Principle (AiP) to LDPL, underscoring the safety and technical viability of FRESH.

Mathieu Muzeau, managing director of transport & logistics at LDPL, said: “We believe that our innovation will enable a new and global import and export supply chain centered around renewable power sources and green hydrogen and ammonia as energy carriers.

“Given their long-standing leadership in the field, Louis Dreyfus Armateurs’ choice to partner with the Korean Register was obvious as we seek to bring safe and reliable vessels in the context of the accelerated decarbonization of the wider maritime industry.”

KR Chairman & CEO LEE Hyungchul said FRESH is going to “revolutionize the last-mile logistics of hydrogen delivery and enable the maritime sector to play a pivotal role in the decarbonization of other hard-to-abate industries”.