Korea Shipbuilding & Offshore Engineering (KSOE) and the Korean Register of Shipping have signed a memorandum of understanding (MOU) to formulate safety design regulations on hydrogen powered ships, reports Business Korea.
Korea Shipbuilding & Offshore Engineering (KSOE), is an intermediary holding company of Hyundai Heavy Industries Group, and it has partnered with the Korean Register of Shipping to develop the first international standard for hydrogen powered vessels.
The jointly developed safety regulations are planned to be submitted to the International Maritime Organization (IMO) by 2022.
In order for ships to sail, they must be built in accordance with the IMO’s ship regulations, but to date there are currently no hydrogen ship-related standards.
In particular, standardisation work is more complicated for gas carriers because they must meet the regulations (IGC Code and IGF Code) for the storage and operation of liquefied gas.
Based on its technology, KSOE and the Korean Register will review the conditions for the safe handling of hydrogen, such as gas storage onboard the ship, fuel supply systems and cargo handling systems.
In October 2020, KSOE obtained a basic certificate from the Korean Register of Shipping for the world’s first commercial liquefied hydrogen carrier it developed.
KSOE recently partnered with Ulsan City to develop cargo containment for eco-friendly fuels including LNG and hydrogen.
According to a report by the Hydrogen Council, the global hydrogen market is expected to grow to USD 2.5 trillion by 2050, accounting for 18% of the world’s total energy demand and KSOE along with Korean Register are working to ensure the safety standards are in place for the design of hydrogen powered ships.
Photo credit: Aymane Jdidi
Published: 9 March, 2021
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