Hyundai Mipo Dockyard, a subsidiary of the shipbuilding group, said it would develop a cargo container system optimized for carbon dioxide (CO2) transport, while Korea Shipbuilding & Offshore Engineering (KSOE), the group's holding company, will develop a cargo handling system that can block CO2 emissions into the atmosphere.
The American Bureau of Shipping, an American maritime classification society. and a Marshall Islands agency will see if the vessel meets international agreements on liquefied gas carriers. "We will increase our competitiveness in the eco-friendly ship construction market by developing carbon dioxide carriers," said an unnamed Hyundai Mipo Dockyard official.
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