ABS and HD Hyundai Heavy Industries Sign Joint Development Agreement for U.S.-Flag 50,000 DWT Tanker
2026-06-15 14:15
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en.Wedoany.com Reported - The American Bureau of Shipping (ABS) has signed a joint development agreement with HD Hyundai Heavy Industries Co., Ltd. to develop a U.S.-flag 50,000 deadweight ton (dwt) petroleum/chemical tanker.

Under the agreement, HD Hyundai Heavy Industries' tanker design will be reviewed to assess compliance with ABS rules and U.S. Coast Guard (USCG) requirements. Recent recovery in demand for U.S.-flag tonnage has once again drawn attention from shipyards and classification societies.

"From the first 100,000 dwt tanker to today's most advanced tanker designs, ABS has consistently provided shipowners and operators with the insights and guidance needed to achieve their goals, always with a focus on safety. This collaboration with HD Hyundai Heavy Industries reflects our ongoing commitment to delivering practical, forward-looking solutions for the next generation of U.S.-flag vessels," said Patrick Ryan, ABS Senior Vice President and Chief Technology Officer.

Dongjin Lee, Executive Vice President of HD Hyundai Heavy Industries, stated that the company is working with ABS to address specific USCG technical requirements. "HD Hyundai Heavy Industries has extensive experience and advanced technical capabilities in the design and construction of 50,000 dwt tankers. Given the expected growth in demand for U.S.-flag vessels driven by U.S. shipbuilding revitalization policies, we are closely collaborating with ABS to proactively address specific USCG technical requirements. Through this partnership, we aim to further enhance our competitiveness in the U.S. market and provide safe, compliant, and high-value vessel solutions for U.S.-flag operations," said Lee.

The American Bureau of Shipping (ABS) is a maritime and offshore classification society that develops technical rules and provides classification, certification, and related assurance services for ships and offshore assets. HD Hyundai Heavy Industries Co., Ltd. is a Korean shipbuilding and marine engineering company under HD Hyundai Group, engaged in commercial vessel construction and marine systems.

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