Daehan Shipbuilding enters VLGC market

Daehan Shipbuilding announced on June 4 that it had received Approval in Principle for its 88K-class Very Large Gas Carrier from Lloyd’s Register (LR) of the United Kingdom and Korean Register , respectively, at the 2026 Posidonia, the world’s largest maritime trade fair.
The certified 88K-class VLGC is regarded as a next-generation model that maximizes cargo capacity while optimizing operational efficiency. Building on this achievement, Daehan Shipbuilding has laid the groundwork to flexibly respond to market changes by expanding its portfolio — previously centered on mid-to-large tankers and container vessels — to include gas carriers.
Technological cooperation aimed at securing an early position in the eco-friendly ship market has also taken concrete shape. Daehan Shipbuilding signed a Joint Development Project (JDP) agreement with British eco-technology company Armada and Lloyd’s Register to examine the deployment of a Passive Air Lubrication System (PALS), advancing the company’s technological capabilities.
The system is an energy-saving technology that reduces frictional resistance against seawater by injecting air bubbles beneath the hull. Armada’s passive method, in particular, can operate without a separate compressor, resulting in higher fuel efficiency than conventional systems and a dramatic reduction in greenhouse gas emissions.
“This design certification and eco-technology cooperation will serve as an important turning point in diversifying our technology portfolio in line with market trends,” said Lee Sang-cheol, Head of the Technology Division at Daehan Shipbuilding, adding, “We will continue to collaborate with global partners to lead the future eco-friendly ship market.”
Source:Business Korea
Related News.
September 25, 2026
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
September 25, 2026
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
September 25, 2026
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
September 25, 2026
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
September 25, 2026
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
September 25, 2026
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
September 25, 2026
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
September 25, 2026
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
September 25, 2026
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
September 25, 2026
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
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























