5 Sep 2023

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) projects associated with Korea’s national hydrogen strategy.

Hydrogen vessel project

ABS is proud to explore new technologies and work together on innovative projects"

ABS is proud to explore new technologies and work together on innovative projects with knowledgeable stakeholders such as KHIA and the University of Ulsan,” said Vassilios Kroustallis, ABS Senior Vice President of Global Business Development. 

Vassilios Kroustallis adds, "We look forward to supporting this hydrogen vessel project with our deep technical knowledge and regulatory expertise to enhance the safety of the maritime industry and bring about a smooth transition to clean energy."

Development of hydrogen ships

KHIA is very happy to commence this agreement with ABS and the University of Ulsan for the development of hydrogen ships in the future. We look forward to cooperating with ABS and the University of Ulsan in various fields," said Donghui Lee, Chairman of KHIA.

Ock Taeck Lim, Professor at the University of Ulsan, said the MOU with ABS and KHIA will provide an opportunity to explore differentiated technologies in the fields of hydrogen and shipbuilding. ABS provides guidance for the implementation and transportation of hydrogen as a marine fuel as part of the global energy transition.