ABS and Vaholmen Sign Landmark LOI for the Development of a VOC Recovery Vessel
ABS issued AIP for a VOC Recovery Vessel developed by Vaholmen, Wärtsilä Gas Solutions and Ulstein Design Solutions based on the patented Vaholmen concept (OSLO) ABS and Vaholmen VOC Recovery AS signed today a Letter of Intent (LOI) at the Nor-Shipping Exhibition in Oslo for the development of a pioneering volatile organic compounds (VOC) recovery vessel (the Vaholmen unit) to capture emissions released during the loading of crude oil cargoes. The vessel, which will be built to ABS Class, is being developed in close cooperation with Wärtsilä Gas Solutions and Ulstein Design