Hanwha Ocean secured Approval in Principle (AIP) from ABS of the United States and DNV of Norway for a standardized floating liquefied natural gas production unit (FLNG) design at Gastech 2026 in Bangkok, Thailand. The company expects the repeatable, platform-based design to shorten initial engineering periods and improve predictability in project execution, extending a standardization strategy previously applied to its floating production, storage and offloading (FPSO) basic design. Lloyd's Register (LR) also granted AIP for MCTIV, a high-manganese steel cargo containment system for a 100,000-cubic-meter very large ethane carrier (VLEC). Hanwha Ocean said the system combines structural safety with improved fabrication and processing productivity. Separately, the company completed a joint development project with DNV on high-pressure LNG fuel tanks for LNG-powered container ships, raising allowable pressure to 2.0 barg from 0.7 barg. The higher pressure enables boil-off gas to be stored longer, supporting operational flexibility and fuel management. Hanwha Ocean signed an MOU with LR to develop condition-based monitoring and risk-based safety assessments aimed at extending LNG carrier cargo-tank internal inspection intervals from five years to as long as 7.5 years. It also signed an MOU with Korean Register (KR) to develop an 18,000-cubic-meter LNG bunkering vessel using MCTIV and Type C independent-tank concepts.