The agreement focuses on the joint development of projects of mutual interest in the Hot Potassium Carbonate (HPC) segment, with the aim of capturing the opportunities offered by a growing market.
A McDermott subsidiary and Hanwha Ocean received Approval in Principle for design of a cargo containment system and an 80,000 cu m liquid hydrogen carrier from DNV.
The project aims to enhance the design process of independent LNG fuel tanks and accelerate the development of new solutions for the structural assessment of those systems.