DNV has awarded an Approval in Principle (AIP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries, HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD) for their new hydrogen system.
By 2030, HD KSOE aims to have completed the development of the hydrogen carrier technology that will enable large-capacity hydrogen transportation and storage.
According to a statement, sustainable zero and low-carbon hydrogen has been highlighted as a critical component of the global energy transition. Efficient ship transport has various problems, including the difficulty of storing hydrogen at minus 253 degrees Celsius, which is about 100 degrees colder than LNG, on a big scale.
However, finding solutions to this problem is critical, because shipping plays a crucial role in enabling the use of hydrogen in decarbonizing heavy sectors such as steel and cement manufacturing, according to a statement.
HD KSOE's innovative technology uses hydrogen transport boil-off gas to power a hybrid propulsion system that includes hydrogen DF engines and fuel cells. HD KSOE and partners like Woodside Energy and Linde Engineering are researching innovative hydrogen transportation and storage technologies internationally, aiming to commercialise their advances by 2030.
"We are continuously developing world-class technology in liquefied hydrogen following our achievements in methanol, ammonia and CO2 carriers," noted Sungjun Kim, CTO at HD KSOE.