South Korea is gearing up to become a major player in the production of large liquefied hydrogen carriers by 2040. With a projected surge in global demand for hydrogen, the South Korean government has identified the development of these carriers as a strategic move to capitalize on the growing market. The Ministry of Trade, Industry and Energy has earmarked significant resources, with a focus on developing advanced technologies and infrastructure for liquefied hydrogen carriers. The country's targets include the construction of a 2,000 cu m demonstration vessel by 2027, a 40,000 cu m vessel by 2032, and a substantial 160,000 cu m commercial vessel by 2040. To achieve these goals, a joint public-private promotional group has been formed, bringing together key industry players and technical experts to drive research and development initiatives. The group aims to establish a robust technology ecosystem, facilitate collaboration on critical projects, and set up a supply chain for liquefied hydrogen equipment. By enhancing transport efficiency and meeting the anticipated surge in global hydrogen demand, the initiative seeks to position South Korea as a leader in the large liquefied hydrogen carriers market. Through strategic partnerships and comprehensive support, the ministry is committed to setting a global standard and ensuring the commercial success of these cutting-edge vessels.