Ulsan Port, a key maritime hub for Asia, has reaffirmed its pledge to environmentally friendly shipping practices by becoming a member of DNV Korea’s Decarbonisation Network.
The Network unites technical executives and managers from various stakeholders in Korea's maritime industry. It consists of two groups: one comprises of major Korean yards (in total nine) while the other encompasses a diverse range of participants, including ship owners, managers, charterers, banks and research institutions (in total 17).
Fuel handling processes
Ulsan Port Authority, one of the world's four largest tank terminal clusters, has joined both groups
Ulsan Port Authority, one of the world's four largest tank terminal clusters, has joined both groups, demonstrating a significant commitment to sustainable maritime practices and its intent to collaborate within DNV Korea's Decarbonisation Network.
Recently, the network members visited Jeongil Stolthaven, the largest tank terminal in Ulsan, and looked at major storage facilities and fuel handling processes for eco-friendly fuel supply such as methanol and biofuels.
Green ship fuel and supply chain
Soon-yo Jeong, Vice President at Ulsan Port Authority, stated, "Joining DNV Korea's Decarbonisation Network is a testament to our commitment to environmental stewardship and sustainable shipping. In this partnership with industry pioneers, we will be at the forefront of building a global green ship fuel and supply chain.”
Vidar Dolonen, DNV Regional Manager, Korea & Japan, added: "We welcome Ulsan Port to our network. Their expertise and commitment to sustainability bring invaluable contributions to our collective efforts in driving positive change within the industry.”
Green methanol bunkering system
Ulsan Port is a pioneer in the global maritime industry with the thriving enactment
Ulsan Port has emerged as a pioneer in the global maritime industry with the successful implementation of the world's first green methanol bunkering system. Recent achievements include the supply of 1,000 tons of green methanol to 2,100 TEU-class container ships ordered by AP Møller Mærsk Group to Hyundai Mipo Dockyard.
Additionally, the port seamlessly provided methanol to 16,200 TEU-class large container ships delivered from Hyundai Heavy Industry to the same owner in February 2024.
Challenges and sharing insights
Established in 2022, the DNV Decarbonisation Network aims to assist designated decarbonisation pioneers in navigating upcoming challenges and sharing insights.
Through regular meetings, members cultivate connections with experts in the industry, enabling them to monitor solutions and opportunities amidst technical and regulatory obstacles.