Lloyd’s Register and HD Hyundai MIPO sign strategic agreement to advance digital manufacturing for Type C tanks
The partnership marks a significant step forward in the application of digital shipyard technologies.
Lloyd’s Register (LR) and HD Hyundai MIPO Dockyard (HMD) have signed a Memorandum of Understanding (MoU) to collaborate on advancing digital manufacturing for Type C tanks.
The MoU sets out a joint commitment to develop and verify a streamlined, digitally enabled production process for Type C tanks, which are expected to see increased demand due to their ability to store pressurised and cryogenic cargo/fuel of LNG or liquefied carbon dioxide (LCO2).
It aims to establish a transparent quality assurance scheme through the production of Type C tanks for storing LNG or LCO2. HMD will integrate monitoring and digital manufacturing technologies, including digital twin technology and smart quality assurance systems, into its production lines. LR will provide technical support and independently verify the uptake and application of these technologies.
The project will run from May 2025 to July 2026, with LR working alongside HMD’s engineering and production teams to validate the application of new digital workflows within a future-ready smart factory environment. The aim is to reduce production time and variability, while increasing confidence in the consistency and safety of tank construction.
Sung-Gu Park, President – North East Asia, Lloyd’s Register, said: “This initiative is poised to deliver a smart, transparent quality assurance framework for HMD’s future smart factory. By embedding digital tools into the heart of the production of Type C tanks, it will enhance efficiency, reduce variability, and increase traceability in the production of these critical components.”
Hyung Kwan Kim, CEO of HD Hyundai Mipo, said: “With the advancement of digital manufacturing and automation technologies with monitoring system, consistent quality assurance and verifiable data-based quality certification has become possible. This aims to enhance the transparency of quality and establish a shipbuilding production system that shipowners can trust.”
About Lloyd’s Register
Lloyd’s Register (LR) is a global professional services group specialising in marine engineering, technology and digital solutions. We were created more than 260 years ago as the world’s first marine classification society to improve and set standards for the safety of ships.
Today we are a leading provider of classification and compliance services to the marine and offshore industries, helping our clients design, construct and operate their assets to accepted levels of safety and environmental compliance.
Our digital solutions are relied upon by more than 30,000 vessels, following the acquisition of OneOcean in 2022 and Ocean Technologies Group in 2024.
In the race to zero emissions, our research, advisory and technical expertise and industry-firsts are supporting a safe, sustainable maritime energy transition.
Lloyd’s Register Group is wholly owned by the Lloyd’s Register Foundation, a politically and financially independent global charity that promotes safety and education. www.lr.org
