Japan-based shipbuilder Oshima Shipbuilding Co., Ltd. has received approval in principle (AiP) from classification society Lloyd’s Register (LR) for its multi-fuel-ready Ultramax bulk carrier design.
The approval covers a 64,000 dwt vessel concept designed to accommodate ammonia, methanol and LNG, with provision for onboard carbon capture and storage (OCCS). It was formally presented at Oshima’s headquarters on 23 January 2026.
LR said it carried out a technical review of the design under its ShipRight Risk Based Certification framework, assessing the safety, feasibility and integration of the fuel systems and carbon capture arrangements.
Sung-Gu Park, North East Asia President at Lloyd’s Register, said: “The maritime industry is navigating a period of profound uncertainty as operators evaluate future fuel pathways, infrastructure development, and evolving global regulatory expectations.
“Oshima’s approach, embedding flexibility for ammonia, methanol, LNG, and onboard carbon capture from the outset, provides shipowners with a practical and future resilient solution as they plan their decarbonisation strategies.”
Oshima Shipbuilding Managing Director Dr Junichi Man said the design gives shipowners flexibility as fuel options and regulations evolve.
The approval supports the design’s progression towards detailed engineering and potential construction.
