ABS and Pusan National University Chart a Course for Liquid Hydrogen Shipping

The American Bureau of Shipping (ABS) has entered into a Memorandum of Understanding (MoU) with South Korea’s Pusan National University Hydrogen Ship Technology Center to jointly pursue advancements in liquid hydrogen carriers and cryogenic ship systems. The collaboration brings together ABS’s global classification expertise with the center’s specialised knowledge in hydrogen technologies, aiming to overcome

MAN Energy Solutions Completes Type Approval Test for Upgraded Dual-Fuel GenSet

MAN Energy Solutions has successfully completed the Type Approval Test (TAT) for its upgraded MAN L35/44DF CD dual-fuel engine, confirming its suitability for auxiliary GenSet and electric propulsion applications. The tests, conducted from April 7 to 11 at STX Engine’s headquarters in Changwon, South Korea, were witnessed by six international classification societies. The MAN L35/44DF

GS E&C, Amogy, and HD Hyundai Infracore partner with South Korean City Pohang-si

Amogy, a provider of scalable and efficient ammonia-to-power solutions, today announced a collaboration with GS Engineering & Construction (GS E&C), HD Hyundai Infracore (HDI), and Pohang-si, the largest city in North Gyeongsang Province, South Korea, to deploy an ammonia-powered distributed power generation system. This initiative marks a pivotal step in advancing ammonia as a carbon-free

South Korea launches $680m green fuel infrastructure fund

South Korea is launching a green marine fuel infrastructure fund to support the development of environmentally friendly fuel facilities and bunkering vessels. The fund, co-established by the Ministry of Oceans and Fisheries and the Korea Ocean Business Corporation (KOBC), will invest a total of Won1trn ($680m) by 2030. Of the total, Won600bn will be allocated

South Korean shipbuilding company develops ammonia dual-fuel vessel

Korean medium-sized shipbuilding company K Shipbuilding has successfully developed a medium-sized chemical product carrier powered by ammonia dual fuel. On the 10th, K Shipbuilding noted that it received the Approval In Principle (AIP) for the ammonia dual-fuel medium-sized chemical product carrier from the American Bureau of Shipping (ABS) on the 30th of last month. The

HMM to acquire 70 green ships by 2030

South Korean shipping company HMM has unveiled a massive KRW 23.5 trillion (17.48 billion) investment in sustainable growth by 2030. As part of a mid-to-long-term strategy, the carrier aims to expand its business portfolio for future growth and drive itself to be “a global green shipping and logistics carrier”. HMM will enhance its capacity to

Peninsula tied to a pair of LNG bunker newbuilds

Fuel supplier Peninsula has been linked to a pair of LNG bunker vessel newbuilds in South Korea. Shipbuilding sources suggest the Gibraltar-based tanker and bunker group is behind an order for 18,000 cu m ships announced on Thursday at HD Hyundai Mipo. The newbuilds, priced at about $93m each, should deliver by November 2027. Peninsula

LG Chem and Enilive to work together for biorefinery project

LG Chem and Enilive have taken a substantial stride towards the final investment decision for their groundbreaking biorefinery project in South Korea. The crucial joint venture agreement, sealing this commitment, was formally signed in Rome by Claudio Descalzi, the CEO of Eni, and Shin Hak-cheol, the CEO of LG Chem. This strategic collaboration had its

Sikkim to explore green hydrogen investments

A Sikkim Delegation led by Secretary of Commerce & Industries, Karma R Bonpo visited South Korea to explore the possibilities of Green Hydrogen Investments from South Korea. The delegation had a meeting with the Managing Director, India-Pacific Urban Infrastructure Development Partnership Center, Korea Research Institute for Human Settlement (KRIHS), Jo Jin Cheol, Vice President, of

South Korea ramps up hydrogen technology use in industries

The spread of eco-friendly hydrogen technology is expanding across various industries in South Korea, including steel, power generation, shipbuilding and aviation, as the use of hydrogen offers long-term benefits both environmentally and economically. The use of hydrogen in Korea is expected to increase to produce eco-friendly steel. The challenge now is to develop technologies that