ABS Grants Approval in Principle for HHI Group Integrated Regasification System (Hi-ReGAS+)
Next-Generation Technology Improves Reliability While Curbing Power Consumption (SEOUL) ABS has awarded approval in principle (AIP) for a next-generation, highly efficient concept of a regasification system (Hi-ReGAS+) for floating storage regasification units (FSRUs) and floating liquefied natural gas (LNG) terminals that uses natural circulation. The technology was developed by Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of Hyundai Heavy Industries Group, and Hyundai Heavy Industries (HHI) and is a follow-on model to the Hi-ReGAS system