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CB&I and Hanwha Ocean Receive Approval for Cargo Containment System and Ship Design for Liquid Hydrogen Carriers from DNV
Sep 18, 2024•almost 2 years ago
Contract Type
partnership
HoustonDescription
CB&I, in partnership with Hanwha Ocean, has received Approval in Principle (AiP) for the design of a cargo containment system and an 80,000 m3 liquid hydrogen (LH2) carrier from DNV. The AiP confirms the cargo containment systems meet applicable safety standards and enable international liquid hydrogen supply chains.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months