Hyundai's Ulsan Shipyard's Focus on Eco-Friendly Ships and Future Ship Technologies
Key Ideas
- Hyundai Heavy Industries' Ulsan shipyard is operating at full capacity, focusing on building eco-friendly ships with dual fuel propulsion engines.
- Global demand for eco-friendly ships is increasing due to carbon dioxide regulations, with a predicted shift towards alternative fuels by 2030.
- Korean shipbuilders are developing technologies for ammonia, SMR, and hydrogen-powered ships, aiming for carbon-free propulsion.
- Samsung Heavy Industries and Hanwha Ocean have made progress in developing ammonia and LNG carriers with reduced toxic gas emissions, enhancing safety measures.
HD Hyundai Heavy Industries' Ulsan shipyard in South Korea is currently operating 10 docks at full capacity, focusing on building eco-friendly ships, including LNG ships equipped with dual fuel propulsion engines. Korean shipbuilders are directing their efforts towards high-value eco-friendly ships amidst a global trend towards alternative fuels like ammonia and hydrogen. Companies like HD Korea Shipbuilding & Marine Engineering, Samsung Heavy Industries, and Hanwha Ocean are making strides in developing ammonia-powered ships with reduced toxic gas emissions and safety measures. Future ship technologies include SMR-powered ships and nuclear propulsion ships, aiming for eco-friendliness and high efficiency. Additionally, liquefied hydrogen carriers are being developed to improve transport efficiency significantly. While the industry is actively working on these advancements, commercialized large ships using liquefied hydrogen are yet to be seen. Samsung Heavy Industries has developed a liquefied hydrogen fuel cell system for ships, showcasing progress in this field. Overall, the focus on eco-friendly ships and future ship technologies at Hyundai's Ulsan shipyard demonstrates a positive outlook for the industry.