ABS signs MOU with KHIA, UOUFIC to develop hydrogen-fueled vessel

ABS signed a memorandum of understanding (MoU) with the Korea Hydrogen Industry Association (KHIA) and the University of Ulsan, Foundation for Industry Cooperation (UOUFIC) to develop a small, 40-seat vessel for tourism, equipped with electric propulsion using a 350-kW hydrogen fuel cell. The zero-emission vessel qualifies as one of the research, development and demonstration (RD&D)