Hyundai Corporation News

Ulsan Port Authority (UPA) has announced that it signed an equity investment agreement worth US$17.6 million with Hyundai Oil Terminal Corporation on 1 August 2024, to establish Korea’s alternative marine fuel supply chain centred on Ulsan Port. The investment is a follow-up to the 'Plan to Establish an Alternative Marine Fuel Supply Chain' announced at the government's emergency economic ministerial meeting in November 2023, with UPA taking the lead to strengthen the competitiveness of K...

ABS, HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD KSOE), and HD Hyundai Heavy Industries, Co., Ltd. (HHI) have signed a memorandum of understanding (MoU) to collaborate on the technical feasibility for medium-voltage direct current (MVDC) power systems on ships. The agreement opens the door to collaboration on design assessment, new technology qualification as well as the development of rule guidance to provide clear directives on technical requirements, safety standards, and...

Accelleron has renewed its service agreement with the world’s biggest engine builder - HD Hyundai Heavy Industries Engine & Machinery Division (HHI-EMD) and its lifecycle service company - HD Hyundai Marine Solution (HMS). The agreement, continuing a collaboration that started in 2024, will ensure that owners of engines built by HHI-EMD and vessels or power plants serviced by HMS can benefit from Accelleron’s turbocharger service expertise, spare parts, lifecycle upgrades, and e...

ABS awarded approval in principle (AIP) to two critical autonomous functions on a proposed offshore platform in the latest phase of its pioneering collaboration with HD Hyundai Group. The artificial intelligence-based Autonomous Machinery Health Management Function (HiCBM) and the Autonomous Safety Management Function (HiCAMS) both received AIP from ABS at the Offshore Technology Conference in Houston. Latest stage in ABS and HD group The certificates are just the latest stage in ABS and HD H...

DNV has awarded HD Hyundai Mipo Dockyard an Approval in Principle (AiP) for the design of ammonia dual fuel 45,000 m3 LPG carriers.  The presentation took place at the HD Hyundai Global R&D Centre (GRC) in Seongnam, Korea. HD Hyundai Mipo (HMD), who have developed the basic ship design, provided detailed engine specifications and operational data from global engine maker, WinGD, and reviewed the safety and suitability of the design with DNV. The designs are based around a new 10,000 h...

Accelleron has signed an agreement with HD Hyundai Marine Solution (HD HMS) that simplifies access to its digital turbocharger optimisation solutions for vessels built or serviced by the world’s biggest shipbuilder, HD Korea Shipbuilding & Offshore Engineering. As part of the agreement, Accelleron’s Turbo Insights performance analytics platform will be integrated into HD HMS’s Integrated Smartship System (ISS), with further digital solutions also deliverable through ISS o...

Goltens Singapore PTE and HD Hyundai Global Service have broadened their existing cooperative services agreement covering all services contracted through HD Hyundai Global Service Tech. Co., Ltd. to be carried out by Goltens Singapore. The expanded agreement appoints Goltens Singapore as the ‘Preferred Service Provider’ for all services related to Hyundai’s electrical and electronically controlled 4-stroke, gas, and 2-stroke ME engines, including but not limited to overhaul of...

HHI-EMD – an MAN Energy Solutions two-stroke licensee – marks milestones in South Korea with successful FAT (Factory Acceptance Test) of the world’s largest methanol-powered, two-stroke engine and surpassing of 200 million brake-horsepower. At a ceremony in South Korea on March 22, 2023, HHI-EMD celebrated the world’s largest methanol-powered two-stroke engine, a MAN B&W G95ME-LGIM type. Simultaneously, the engine’s manufacture pushed the company past the 200 m...

HMM announced that it has signed newbuilding contracts with Hyundai Samho Heavy Industries (HSHI) and HJ Shipbuilding and Construction (HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines. In July 2022, HMM unveiled a mid-to-long-term strategy to leap forward to be a global top-rated shipping and logistics company through enhancing fleet competitiveness. Methanol-powered containerships HMM has taken an initial step towards expanding its eco-friendly fleet using alter...