Hyundai Motor India to establish Hydrogen Innovation Centre

Automaker Hyundai Motor is set to establish a dedicated Hydrogen Innovation Centre at an investment of Rs 180 crore at the Thaiyur campus of Indian Institute of Technology, Madras for research in hydrogen technology. During the Tamil Nadu Investment Conclave held earlier in the day in the city, Chief Minister M K Stalin laid the

Hyundai and Capital Gas get nod for LCO2 carrier

HD HHI and Evangelos Marinakis-led Capital Gas Ship Management have received approval in principle for a 40,000 cu m LCO2 carrier from the classification society Lloyd’s Register. The project builds on the deal for the construction of four 22,000 cu m low-pressure LCO2 carriers equipped with IMO Type C storage tanks and a cargo handling

Exmar takes lead with ammonia-powered gas carriers

Belgian owner Exmar will become the first shipowner in the world to take delivery of ammonia powered ships in the first half of 2026. Exmar has two 46,000 cu m LPG carriers contracted earlier this year with Hyundai Mipo Dockyard, with these ships set to be able to operate on ammonia or LPG.  The engines

Hyundai, Iveco partner in development of E-WAY H2 hydrogen bus

South Korea’s top automaker Hyundai Motor Co. and Italian truck maker Iveco Group N.V. have consolidated their business partnership through the creation of a hydrogen fuel-cell electric vehicle (FCEV) E-WAY H2. The two partners showcased their jointly developed hydrogen-powered city bus at Busworld Europe 2023, the world’s largest bus exposition opened in Brussels, Belgium. The

HMM enters bidding to take over Hyundai LNG Shipping

HMM has decided to enter the bidding to acquire its former LNG shipping operation that was spun off a decade ago during the company’s liquidity crisis. The Korea Herald is reporting on Friday that HMM notified IMM Holdings, owners of the gas carrier, of its intent to enter the bidding and to begin a due

ABS, HD Hyundai to work together on autonomous navigation

ABS and HD Hyundai, formerly known as Hyundai Heavy Industries, have penned a comprehensive memorandum of understanding to continue working together on autonomous navigation technologies for shipping. The scope of the deal builds on the previous strategic framework agreement that the companies signed in 2022 under which ABS worked with HD Hyundai subsidiaries, Avikus and

Hyundai and KNOC to develop ammonia FSRU

Hyundai Heavy Industries has begun to develop a floating storage re-gasification unit (FSRU) for ammonia in cooperation with Korea National Oil Corp (KNOC) and Lloyd’s Register. South Korea is gearing up to ensure ammonia is a significant part of the nation’s energy mix within a decade. Earlier this month, nine South Korean companies including HDC

KSOE signs a consortium agreement to demonstrate fuel cells for ships

Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of Hyundai Heavy Industries Group’s shipbuilding sector, said that it signed a consortium agreement to demonstrate fuel cells for ships with global energy company Shell, Doosan Fuel Cell, HyAxiom, and DNV. Hyundai Heavy Industries Group speeds up the era of eco-friendly ships by launching a

Shell and Hyundai Heavy to collaborate on fuel cell project

Korean shipyards believe fuel cells offer shipping a path to decarbonisation. Hyundai Heavy Industries has followed the lead taken by compatriot Samsung Heavy Industries in investing serious sums in fuel cell research and development, announcing today a consortium agreement to demonstrate fuel cells for ships with Shell, Doosan Fuel Cell, HyAxiom, and DNV. According to

Iveco launches large hydrogen van

Italy’s Iveco showcased a prototype of the hydrogen powered eDaily large van it has developed with Hyundai Motor, the first tangible outcome of a wider partnership between the two manufacturers. Iveco and South Korea’s Hyundai Motor in March signed a preliminary deal to explore cooperating on shared vehicle technology, joint sourcing and mutual supply. In