A new 10,000 tonnes heavy lift vessel (HLV) is being added to Hyundai Heavy Industries (HHI) existing offshore facility-building fleet after being completed by affiliate Hyundai Samho Heavy Industries.
The 182m vessel, which is equipped with eight double truss jib cranes, will increase HHIâ€™s maximum lifting capacity per module more than six-fold from 1,200 tonnes to 8,000 tonnes.
With the new HLV, HHI says it can install bigger modularised blocks built on-ground onto offshore facilities at a time, and therefore minimize the potential risks of working at height.
As the global offshore market has been seeing an increase in the size of facilities, the addition of the mega-sized floating crane can also help HHI reduce construction time of a variety of offshore structures it builds, bringing about 24 billion Korean won (US$21.9m) in cost reduction each year to HHI.
After a series of final tests, the HVL will join HHIâ€™s fleet in Ulsan in March and begin operation from April this year.
It will be used to build 19 offshore projects, including Q204 FPSO for BP at HHIâ€™s offshore yard in Ulsan, South Korea.