Approval In Principle News

 

AiP for Ammonia Floating Storage and Regasification Barge (A-FSRB)

Jan 05, 2023

ClassNK issued an Approval in Principle (AiP) for an ammonia floating storage and regasification barge (A-FSRB) jointly developed by NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI), reportedly the world's first AiP for A-FSRBs handling ammonia as cargo.Ammonia, which does not emit CO2 during combustion, has attracted attention for its use in thermal power plants and other applications as a potential fuel for decarbonization…

Rondal’s Aero Wing Sail Receives Lloyd’s Register AiP

Nov 20, 2025

Lloyd's Register (LR) has granted Approval in Principle (AiP) to Rondal for its Aero Wing Sail, following completion of concept-level assessment activities in line with LR’s Guidance Notes on Wind Assisted Propulsion Systems (2025). The AiP was awarded in a ceremony at Metstrade 2025 in Amsterdam…

Lloyd's Register Issues AIP for for 210-dwt Bulk Carrier with Rotor Sails

Jun 15, 2022

Lloyd’s Register granted Approval in Principle (AIP) for an SDARI (Shanghai Merchant Ship Design and Research Institute) designed 210,000 DWT Newcastlemax bulk carrier installed with Anemoi Rotor Sails.The Newcastlemax AIP is part of a joint…

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CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

Syria, CMA CGM to Operate Two Dry Ports

Syria, CMA CGM to Operate Two Dry Ports

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

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