DSME receives ABS AiP for Floating Storage Power Plant Design

Complex all-in-one energy supply facility can receive, store and regasify LNG, then generate and supply electricity and natural gas simultaneously
ABS has granted Approval in Principle (AiP) to Daewoo Shipbuilding & Marine Engineering (DSME) for an innovative floating storage power plant LNG cargo handling system.
The system is designed as an all-in-one energy supply facility that can receive, store and regasify LNG, then generate and supply electricity and natural gas at the same time.
A new concept, DSME’s 200MW design has capacity to produce and supply electricity from floating structures with a length of 161m, width of 60m and height of 33m, and directly supply natural gas of about 200 million cubic feet per day to an on land facility after storage and regasification.
“ABS is an industry leader in maritime applications of LNG, supporting advances in LNG technology all over the world and this exciting project is the latest addition to that proud record,” said Matt Tremblay, ABS Senior Vice President, Global Offshore.
The facility is expected to be utilized in countries lacking energy supply infrastructure and to support occasions where energy supplies are concentrated at certain times, such as the Olympic Games, international fairs and natural disasters, where demand peaks.
Young-Taek Jee, vice president, DSME’s Head of Offshore Marketing Division, said: “We expect it to be an example of a complex energy supply facility using eco-friendly fuel. The company will continue to create new demands and meet the needs of various customers through continuous research and development.”
ABS has been the preferred classification organization for the offshore and energy industry for more than 60 years. ABS has been integral to the evolution of gas development with a long history of working with floating gas concepts including the first purpose-built LPG floating storage and offloading unit, delivered in 1997, and the first LPG FPSO in 2005.
Related News.
October 21, 2026
Connected Fleets under Siege: Navigating Geopolitical Cyber Threats and Modern Maritime IT
An exclusive CSN interview between Adonis Violaris and Dr Matthew Maheras As commercial shipping becomes ever more digitally integrated, the industry…
October 21, 2026
InterManager warns enclosed space deaths demand urgent industry action
InterManager has called for urgent industry action on enclosed space safety after its latest research highlighted persistent failures in procedures,…
October 21, 2026
ATPI Greece marks 50 years at the heart of global crew changes
Five decades supporting the Greek and global shipping community 35% of ATPI’s marine business now managed from Greece More than 130 professionals…
October 21, 2026
Euroseas announces a new time charter contract for its 2001-built 2,556 teu Feeder Containership, M/V EM Corfu, and the sale of its sister vessel, M/V Evridiki G
Euroseas an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced a new…
October 21, 2026
Possible further delay to road transport’s inclusion in EU ETS causes serious concern
Interferry, the global trade association representing the ferry shipping industry, is raising serious concerns over the current state of EU Emissions…
October 21, 2026
ABP appoints new head of commercial for Humber
Associated British Ports, the UK’s largest port operator, has appointed Sandrine Lagrost as its new Head of Commercial for the Humber, joining the…
October 21, 2026
Commodity Radar | Spotlight: Bauxite – Week 43.2026
The final quarter of 2026 is expected to see softer bauxite flows Chinese front-loading is expected to have run its course, pointing to softer…
October 21, 2026
Japan IMO attempt to weaken the IMO Net-Zero Framework
Japan has put forward a proposal to the International Maritime Organization to remove the Net-Zero Fund and put shipping companies in control of…
October 21, 2026
xclusiv S&P Report 19th October 2026
Pls find below the [xclusiv] S&P Report 19th October 2026 [xclusiv] 2026_10_19
October 21, 2026
Glencore achieves land access for the Coroccohuayco project at Antapaccay
Antapaccay, a Peruvian entity controlled by Glencore, has completed the access agreements required for the last blocks of land to unlock the…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























