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Hyundai Heavy Industries (HHI)

Article

Ammonia-powered vessels & maritime engines: development updates

This week we explore four announcements in the maritime ammonia space:

  • Færder Tankers Norway will receive $20 million in Enova funding to develop two ammonia-powered vessel designs: a tanker and a car carrier.
  • Mitsubishi Shipbuilding has completed a conceptual design for an LPG-ammonia dual-fuel VLGC, with Approval in Principle granted by ClassNK.
  • Delivery dates have been set for the first eight of Höegh Autoliners’ Aurora-class, ammonia-powered car carriers, with China Merchants Heavy Industry to deliver vessels from late 2024.
  • WinGD and Hyundai Heavy Industries will collaborate to deliver the first WinGD two-stroke engine capable of running on ammonia by 2025.

Article

Aramco targets 11 million tonnes of low-carbon ammonia production by 2030

Aramco is targeting production of 11 million tonnes per year of low-carbon ammonia by 2030, among a raft of new sustainability goals announced this week. Aramco’s target for renewable energy generating capacity target (12 GW) will be met by its involvement in the new ammonia Supergiant the Saudi Arabia Renewable Energy Hub, but the source of low-carbon ammonia production is not yet clear.

Article

Eastern Pacific Shipping: adding ammonia power to the fleet

Eastern Pacific Shipping will lead development of an ammonia-powered, dual-fuel gas tanker. The carrier will be built by Hyundai Heavy Industries, registered under the Singapore national flag, classed by ABS, and will be the first vessel fitted with MAN Energy Solutions’ G60 two-stroke dual-fuel ammonia engine. As EPS steadily scales up its engagement with maritime ammonia, another high-profile consortium is accelerating a bunkering study in Singapore.

Article

Ocean Network Express: adding ammonia power to the fleet

Singapore-based Ocean Network Express has signed contracts with two ship-builders for construction of five ammonia-ready VLCCs each (ten total), to be delivered in 2025. In Japan, NYK Line, IHI Power Systems and ClassNK will develop, deliver and fuel an ammonia-powered tugboat for the City of Yokohama, with the vessel to be delivered and working in the port in 2024.

Article

Hyundai’s offshore production & sequestration platforms receive approval from ABS

The American Bureau of Shipping awarded AiP to a design for an offshore CO2 injection platform developed by Hyundai Heavy Industries. The design is one of two being developed - the other being a renewable hydrogen offshore production platform powered by on- or offshore wind power. The partners are targeting 2025 for both designs to be constructed and operational.

Article

Approval in Principle from Korean Register for two ammonia-fueled vessels

Korean Register has granted AiP for two more ammonia-fueled vessel designs: a 60,000 m3 carrier and a 38,000 m3 ammonia transport/bunkering vessel. Both designs were developed by Korea Shipbuilding & Offshore Engineering, with assistance from Hyundai Heavy Industries. Importantly, the new AiPs mark the first milestone achievement for the 'Green Ammonia Shipping/Bunkering Consortium', which was launched in May 2021 with the explicit purpose of developing ammonia-fueled ship designs for approval by Korean Register.

Article

Korean shipbuilders embrace ammonia-fueled solutions

Two announcements this week: i) Samsung Heavy Industries and Wärtsilä have agreed to jointly to develop new-build vessels with 4-stroke, ammonia-fueled auxiliary engines; and ii) Bureau Veritas has awarded Approval in Principle to Hyundai Heavy Industries and KSOE for their new, ammonia-fueled vessel design.

Article

The Korean New Deal and ammonia energy

South Korea has featured in many Ammonia Energy news updates, but often in a scatter gun fashion that lacked the momentum of ammonia energy announcements coming from the other side of the Korea Strait. Now, South Korea is ready to step out from Japan’s shadow as a clean energy innovator and deployer in its own right. We’re seeing the beginnings of a well-articulated strategy to achieve society-wide decarbonisation in South Korea, with a starring role for clean hydrogen and clean ammonia.

Article

The Ammonia Wrap: OCI to charter ammonia-fueled vessels, Japanese CCGT units await ammonia, more green ammonia for Chile, new South Korea and Uruguay updates

Welcome to the Ammonia Wrap: a summary of all the latest announcements, news items and publications about ammonia energy. This week: OCI to charter ammonia-fueled vessels, new carbon-free maritime fuels forecast, Hokkaido Electric postpones CCGT deployment, awaits ammonia, more green ammonia for Chile, Net-zero Teesside to include CF Industries ammonia production, South Korea and Uruguay.

Article

Ammonia-powered vessels & maritime engines: development updates

This week we explore four announcements in the maritime ammonia space:

  • Færder Tankers Norway will receive $20 million in Enova funding to develop two ammonia-powered vessel designs: a tanker and a car carrier.
  • Mitsubishi Shipbuilding has completed a conceptual design for an LPG-ammonia dual-fuel VLGC, with Approval in Principle granted by ClassNK.
  • Delivery dates have been set for the first eight of Höegh Autoliners’ Aurora-class, ammonia-powered car carriers, with China Merchants Heavy Industry to deliver vessels from late 2024.
  • WinGD and Hyundai Heavy Industries will collaborate to deliver the first WinGD two-stroke engine capable of running on ammonia by 2025.

Article

Aramco targets 11 million tonnes of low-carbon ammonia production by 2030

Aramco is targeting production of 11 million tonnes per year of low-carbon ammonia by 2030, among a raft of new sustainability goals announced this week. Aramco’s target for renewable energy generating capacity target (12 GW) will be met by its involvement in the new ammonia Supergiant the Saudi Arabia Renewable Energy Hub, but the source of low-carbon ammonia production is not yet clear.

Article

Eastern Pacific Shipping: adding ammonia power to the fleet

Eastern Pacific Shipping will lead development of an ammonia-powered, dual-fuel gas tanker. The carrier will be built by Hyundai Heavy Industries, registered under the Singapore national flag, classed by ABS, and will be the first vessel fitted with MAN Energy Solutions’ G60 two-stroke dual-fuel ammonia engine. As EPS steadily scales up its engagement with maritime ammonia, another high-profile consortium is accelerating a bunkering study in Singapore.

Article

Ocean Network Express: adding ammonia power to the fleet

Singapore-based Ocean Network Express has signed contracts with two ship-builders for construction of five ammonia-ready VLCCs each (ten total), to be delivered in 2025. In Japan, NYK Line, IHI Power Systems and ClassNK will develop, deliver and fuel an ammonia-powered tugboat for the City of Yokohama, with the vessel to be delivered and working in the port in 2024.

Article

Hyundai’s offshore production & sequestration platforms receive approval from ABS

The American Bureau of Shipping awarded AiP to a design for an offshore CO2 injection platform developed by Hyundai Heavy Industries. The design is one of two being developed - the other being a renewable hydrogen offshore production platform powered by on- or offshore wind power. The partners are targeting 2025 for both designs to be constructed and operational.

Article

Approval in Principle from Korean Register for two ammonia-fueled vessels

Korean Register has granted AiP for two more ammonia-fueled vessel designs: a 60,000 m3 carrier and a 38,000 m3 ammonia transport/bunkering vessel. Both designs were developed by Korea Shipbuilding & Offshore Engineering, with assistance from Hyundai Heavy Industries. Importantly, the new AiPs mark the first milestone achievement for the 'Green Ammonia Shipping/Bunkering Consortium', which was launched in May 2021 with the explicit purpose of developing ammonia-fueled ship designs for approval by Korean Register.

Article

Korean shipbuilders embrace ammonia-fueled solutions

Two announcements this week: i) Samsung Heavy Industries and Wärtsilä have agreed to jointly to develop new-build vessels with 4-stroke, ammonia-fueled auxiliary engines; and ii) Bureau Veritas has awarded Approval in Principle to Hyundai Heavy Industries and KSOE for their new, ammonia-fueled vessel design.

Article

The Korean New Deal and ammonia energy

South Korea has featured in many Ammonia Energy news updates, but often in a scatter gun fashion that lacked the momentum of ammonia energy announcements coming from the other side of the Korea Strait. Now, South Korea is ready to step out from Japan’s shadow as a clean energy innovator and deployer in its own right. We’re seeing the beginnings of a well-articulated strategy to achieve society-wide decarbonisation in South Korea, with a starring role for clean hydrogen and clean ammonia.

Article

The Ammonia Wrap: OCI to charter ammonia-fueled vessels, Japanese CCGT units await ammonia, more green ammonia for Chile, new South Korea and Uruguay updates

Welcome to the Ammonia Wrap: a summary of all the latest announcements, news items and publications about ammonia energy. This week: OCI to charter ammonia-fueled vessels, new carbon-free maritime fuels forecast, Hokkaido Electric postpones CCGT deployment, awaits ammonia, more green ammonia for Chile, Net-zero Teesside to include CF Industries ammonia production, South Korea and Uruguay.