• 2024 June 14 18:09

    Strategic R&D alliance formed to standardize materials for LH2 carriers

    This collaboration aims to address the technical challenges of transporting hydrogen

    South Korea's top three shipbuilders and two steelmakers, along with the Korean Register (KR), have formed a strategic R&D alliance to secure leadership in the burgeoning market for liquefied hydrogen (LH2) carriers. On June 13, HD Korea Shipbuilding & Offshore Engineering, Samsung Heavy Industries, Hanwha Ocean, POSCO, Hyundai Steel, and the Korean Register signed a memorandum of understanding (MOU) on the 'Standardization of Material Testing for Liquefied Hydrogen Ships,' BusinessKorea reported.

    This collaboration aims to address the technical challenges of transporting hydrogen, which must be cooled to minus 253 degrees Celsius and compressed to 1/800th of its volume to be in a liquid state. The design and construction of 'liquefied hydrogen cargo holds,' which can safely store hydrogen at these ultra-low temperatures, are considered core technologies for LH2 carriers.

    The alliance's primary goal is to research and verify the material properties needed to withstand external impacts at such extreme temperatures. Currently, there are no international standards for liquefied hydrogen cargo holds, leading to fierce competition in technology development among countries worldwide. By sharing experimental results on material properties in liquefied hydrogen environments and jointly utilizing data, the alliance aims to promote international standardization related to the design and construction of these cargo holds.

    The formation of this alliance comes in the wake of past challenges faced by South Korea's shipbuilding industry. The first Korean LNG cargo hold (KC-1) experienced design defects, leading to cold spots and prolonged legal disputes among the shipowner SK Shipping, the manufacturer Samsung Heavy Industries, and the cargo hold designer Korea Gas Corporation. These issues have underscored the importance of overcoming past design flaws and achieving technological independence.

    The shipbuilding industry plans to overcome these past design defects through collaboration with the steel industry, which was not involved in the development of KC-1. This partnership aims to enhance the technological competitiveness of South Korea in the design and construction of liquefied hydrogen carriers. The five companies and the Korean Register have agreed that the impact toughness of materials decreases at ultra-low temperatures compared to room temperature, necessitating extensive research and verification.

    "Securing Leadership in Hydrogen Carriers" is a key objective for the alliance, as emphasized by the stakeholders. They believe that the development of liquefied hydrogen cargo holds will be carried out using purely domestic technology by South Korea's leading shipbuilding and steel companies, setting a new standard in the international market.

    The alliance's efforts are expected to lay the technical foundation for South Korea to dominate the next-generation hydrogen carrier market. Unlike liquefied natural gas (LNG) cargo holds, which rely on foreign technology, the development of liquefied hydrogen cargo holds will be driven by South Korea's own technological advancements. This move not only aims to boost national pride but also positions South Korea as a leader in the global transition to sustainable energy.

    The current status of the alliance's work involves sharing experimental results and promoting international standardization. The five companies and the Korean Register are committed to enhancing their technological competitiveness and ensuring the safety and reliability of liquefied hydrogen carriers. As the world moves towards cleaner energy solutions, South Korea's proactive approach in this field could have significant environmental and economic implications, potentially creating jobs and driving innovation in the industry.

2024 July 22

17:36 NORDEN to acquire Norlat Shipping to further grow projects and parcelling activities
17:23 2024 is expected to be a record year for cruises in the port of Heraklion
16:47 ABS and the U.S. Coast Guard Research and Development Center to collaborate on maritime technologies
15:56 Trafigura Group takes full ownership of High Heat Tankers
15:46 China delivers world’s first river-sea LNG bunker and transport vessel
14:51 Hartmann receives new LNG-powered LEG carrier
14:14 Jiangnan Shipyard supplies dual-fuel VLEC gas Huanghe
13:44 ABL to support offshore installation of French-Spanish interconnector
12:53 Hanwha Ocean gets deal to join potential projects on repair of U.S. warships
12:35 Ro-Pax vessel collides with 7 cargo boats in Dhubri, India
11:42 One crew member dies in fire on Maersk-chartered container ship
10:58 Founder of Sea Shepherd arrested in Greenland
09:40 Fire-hit tanker enters Malaysia terminal area after being detained by coast guard

2024 July 21

17:39 Global IT outage disrupts operations at European box terminals
17:29 RWE secures its first offshore wind site in Australia with a capacity of up to 2 gigawatts
11:32 KBR secures advisory role for Kuwait’s renewables and hydrogen project
09:57 WSF selects ABB as propulsion single source vendor for five new hybrid ferries

2024 July 20

16:11 First hybrid ship launched at Kanellos Shipyards in Perama
14:21 DOF Group awarded multiple contracts in Brazil
12:18 HD Hyundai Heavy Industries union initiates strike procedures
10:06 Asyad Group looks to buy or operate ports in southeast Asia

2024 July 19

18:00 Global Centre for Maritime Decarbonisation concludes biofuels supply chain trials
17:10 Four Greek ports receive €10 million in CEF funds
16:47 Rauma shipyard launches the second passenger-car ferry ordered for Tasmania
16:25 MOL to invest in Carnot, a developer of technology for highly efficient engines
15:48 ABS and KRISO to advance SMR-powered vessels and floating power generation platforms
15:31 Ports of Indiana, Port of Antwerp-Bruges sign MoU
14:59 Fratelli Cosulich holds a steel cutting ceremony for the new vessel "Marta Cosulich" at Taizhou Maple Leaf Shipbuilding
14:13 Suez Canal reports 23.4% drop in annual revenue due to Red Sea crisis
13:42 Dual fuel standby vessels begin operations in Hong Kong
13:08 Bluferries, C.T.E. Perdikaris Engineering, Architectural & Technical Services and RINA announce the launch of a hybrid Ro-Ro passenger ship
12:30 DP World and Evyap Group forge new logistics hub to boost Turkish trade
12:11 Sempra Infrastructure announces EPC contract with Bechtel for Port Arthur LNG Phase 2
11:40 Two oil tankers on fire off Singapore, crew rescued
11:20 World Bank Group releases report on offshore wind development scenarios for Brazil based on analysis by DNV
10:42 FPSO Bacalhau receives AiP for abate notation from classification society DNV
10:19 Port Houston approved for cold treatment
09:55 Fujairah’s fuel oil inventories rise 5% this month

2024 July 18

18:00 South Korea slaps sanctions on Hong Kong shipping firm
17:31 IBIA seeks change to CII regulation for bunker vessels
17:06 Rem Offshore and VARD sign contract for CSOV
16:31 EU to invest record €7 billion in transport infrastructure
16:02 Port of Antwerp-Bruges throughput up 3% to 143.2 million tonnes in H1 2024
15:47 Port of Rotterdam posts cargo throughput of 220 million tonnes in first half 2024
15:30 Port of Oakland full imports rises 26.8% to 84,040 TEUs in June 2024
14:43 MSC increase own-operated service share
14:13 GTT receives an order from Dalian Shipbuilding for the tank design of two new LNG carriers
13:37 NYK acquires multiple segments of ENEOS Ocean’s shipping business
13:01 Bunker price trends in the world's four largest hubs, July 15-29 – MABUX
12:42 ITOCHU, Nihon Shipyard, ClassNK and MPA, signed MOU for joint study of ammonia fueled bulk carriers
12:12 KENC Engineering awarded with jacket seafastening scope
11:30 CMA CGM enters into a strategic partnership with Google
11:03 Port of Los Angeles container volume increases 10% to 827,757 TEU in June 2024
10:53 The Government of Canada invests in marine industry’s transition to green ship technology
10:13 Scottish Government to purchase seven new ferries
09:19 Damen signs four vessel contract with Toyota Tsusho for Angolan port development project

2024 July 17

18:05 Peninsula completes LNG bunkering for ‘K’ LINE in Gibraltar
17:36 Yangzijiang to invest $412 million in shipyard expansion
17:06 Singapore's non-oil domestic exports down 8.7% in June 2024
16:42 Damen starts steel cutting on new hybrid island class vessels for BC Ferries
16:23 Mabanaft submits permit-related approval documents for planned construction of ammonia import terminal in Hamburg
15:54 Helsinki, Tallinn ports get €15m EU funding
15:24 LNG carrier completes Arctic voyage to China in 18 days
14:45 Salvage team to start pumping fuel from grounded vessel on South African coast
14:23 Fertiglobe wins first H2Global pilot auction for renewable ammonia
13:54 Maersk says Red Sea shipping disruption having global effects
13:39 Average spot rates from the Far East to US East Coast increased by 3.7% - Xeneta
11:30 NYK completes world's first truck-to-ship ammonia bunkering of ammonia-fueled tugboat
10:52 CEVA Logistics, Almajdouie Logistics sign JV in Saudi Arabia 
10:24 Port of Long Beach container volume up up 15.3% to 835,412 TEUs in June 2024