At the HD Hyundai Innovation and Development Center, a joint development agreement was formalized between Shell and HD Hyundai units to develop large liquefied hydrogen carriers, with the goal of commercializing their production by 2030.
The use of hydrogen transporters
For its part, HD KSOE will use its expertise for scientific research and development of essential technologies, such as large liquefied hydrogen tanks and hydrogen refueling operation systems. At the same time, HD Hyundai Heavy Industries will be responsible for the development of hydrogen engines and the design of liquefied hydrogen transport vehicles.
Shell will contribute by sharing its experience in the development of related technologies and in the operation of hydrogen transporters. In addition, it will evaluate the feasibility of designing a liquefied hydrogen transporter.
The liquefied hydrogen shipping market is projected for further growth. According to Statista, a global market research firm, this market, which includes ships and pipelines, is expected to reach a value of approximately $566 billion by 2050.
Approval of new technologies
In February of this year, HD KSOE entered into a partnership with Hyundai Glovis, Japanese shipping line Mitsui OSK Lines (MOL) and Australian energy company Woodside. This collaboration seeks to study the development of shipping solutions for the bulk marine transportation of liquid hydrogen, with the objective of establishing a supply chain supply chain for liquefied hydrogen in Asia and other regions.
In 2023, DNV granted an approval in principle(AiP) to HD KSOE and its subsidiaries, HD Hyundai Heavy Industry and Hyundai Mipo Dockyard (HMD), for its innovative hydrogen system for liquefied hydrogen carriers.
This system uses hydrogen boil-off gas transported for a hybrid propulsion system, integrating hydrogen DF engines and fuel cells.
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Source: Offshore Energy
Photo: HD Hyundai