ABS inked an agreement with the Korea Hydrogen Industry Association (KHIA) and the University of Ulsan, Foundation for Industry Cooperation (UOUFIC) to create a small, 40-seat vessel for tourism with electric propulsion powered by a 350-kW hydrogen fuel cell.
The zero-emission vessel is one of the initiatives related to Korea's national hydrogen strategy in terms of research, development, and demonstration (RD&D).
"KHIA is very happy to commence this agreement with ABS and the University of Ulsan for the development of hydrogen ships in the future," said Donghui Lee, chairman of KHIA.
Professor Ock Taeck Lim of the University of Ulsan stated that the MOU with ABS and KHIA will allow them to study various technologies in the sectors of hydrogen and shipbuilding.
"ABS is proud to explore new technologies and work together on innovative projects with knowledgeable stakeholders such as KHIA and the University of Ulsan,” stated Vassilios Kroustallis, ABS senior vice president of Global Business Development.
As part of the worldwide energy shift, ABS provides assistance in the implementation and transportation of hydrogen as a marine fuel.