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HD Hyundai Heavy Industries Shares Excellence of K-Battleships to the World

▶ Hosted a delivery signing ceremony of its newest 3,000t submarine ‘Shin Chae-ho’ in Ulsan, Korea ▶ Gov’t officials from nine countries attended, and boarded the Aegis warship and frigate ▶ “Will show our on-time delivered, highly advanced submarines to the world, and fully commit to K-defense exports with the ‘Team Korea’ effort.” HD Hyundai Heavy Industries invited the Korean Ministry of National Defense (MND), Defense Acquisition Program Administration (DAPA), and Government officials from nine countries all over the world to share the excellence of it submarines and other K-battleships including Aegis warships and frigates. HD Hyundai Heavy Industries shared today that it hosted a delivery signing ceremony of the third Batch-1 3,000t submarine, Shin Chae-ho, at its headquarters located in Ulsan, Korea. Dookyum Kim, Mayor of Ulsan, Sung Il, Deputy Minister of the Office of Military Resources Management at MND, Kyoungho Han, Head of Advanced Capabilities Program Agency at DAPA, Jungho Kang, Commander at the Navy Submarine Force Command, and Wonho Joo, Senior Executive Vice President of HD Hyundai Heavy Industries’ Naval & Special Ship Business Unit (NSSBU) attended the event. Over twenty Government officials from nine countries also joined the ceremony including Michael L. MacDonald, member of the Canadian Senate, Michael Jacobson CSM, Director General Submarines of the Royal Australian Navy, Paul Duclos, Peru Ambassador to Korea, and had the chance to see the excellence of Korean battleships in person. After the delivery signing ceremony, all guests visited the Shin Chae-ho, along with Jeongjo the Great Aegis destroyer, and Chungnam frigate at the NSSBU yard. The event was especially meaningful as there were guests from different countries such as Canada, Peru, Australia, the Philippines, Poland, that have a high possibility of discussing further K-defense exports. Guests from the US were also present, a country which defense MRO (maintenance, repair, operation) is currently being discussed. Shin Chae-ho is the first 3,000t submarine that has been designed and build independently with HD Hyundai Heavy Industries technologies and delivered on time. This has been possible due to the full support and cooperation from DAPA and the Korean Navy. The company has been gaining more attention in terms of shipbuilding technologies and business management capabilities as it has been successful in delivering battleships on time from the Ulsan class Cheonan and Chuncheon frigates, to today’s Shin Chae-ho. The submarine has been applied with the latest fuel cell, lead-acid battery propulsion system, and state-of-the-art noise control technologies, boasting significantly improved covert mission capabilities and survivability. It can also be armed with guided missiles, torpedoes, underwater mines, and can fire SLBMs (Submarine Launched Ballistic Missile) on its vertical launch system, making it a key asset for the marine based underwater kill chain system. The Shin Chae-ho has gone through a thirty month test and evaluation period since its launch ceremony in September 2021. After being delivered to the ROK Navy, the submarine will go through force integration and join missions later in the year. “I am glad to have this opportunity to share the excellence of our submarines, which have been delivered on time, with the world. We will continue to work with the Government as part of our ‘Team Korea’ effort to stay fully committed and make tangible results in K-defense exports.” said Wonho Joo, Senior Executive Vice President of HD Hyundai Heavy Industries’ Naval & Special Ship Business Unit (NSSBU). Meanwhile, HD Hyundai Heavy Industries has won orders for a total of eighteen battleships that will be exported overseas including four which will be locally built for the Peru Navy after being selected as a preferred bidder this past March.

2024.04.04

HD Korea Shipbuilding & Offshore Engineering Unveils New ‘Carbon Zero’ Technology for Ammonia-Fueled Vessels

▶ ‘Global Tech Forum’ held in Greece inviting over 100 global shipbuilding and maritime stakeholders ▶ Revealed proprietary ammonia scrubber that absorbs toxic gas and emits zero carbon ▶ Real time gas leakage monitored with AI technology and drones, preventing severe accidents in advance ▶ “Will lead the future green market with world leading experience in gas carrier building and proprietary technologies.” (SEOUL, SOUTH KOREA – June 3, 2024) HD Korea Shipbuilding & Offshore Engineering revealed its new technology that ensures more safety for ammonia-fueled vessels which are considered as eco-friendly ships for the next generation. HD Korea Shipbuilding & Offshore Engineering shared today that it held a ‘Global Tech Forum’ in Athens, Greece on Friday, May 31 (local time) inviting more than one hundred guests from the global shipbuilding and maritime industry to share its new technology that reduces toxic gas emissions from ammonia fuel to nearly zero. Ammonia-fueled vessels are known for being eco-friendly as it does not emit any carbon. These vessels are currently being developed by shipbuilders all over the world, however, the key has always been how to safely eliminate the toxicity of ammonia when used as fuel. Euronva, Thenamaris, NYK, and other global companies at the forum were especially interested in various methods that could solve leakage issues, which have been considered one of the major hurdles when commercializing ammonia as fuel. Acknowledging such concern, HD Korea Shipbuilding & Offshore Engineering revealed at the forum its proprietary integrated scrubber technology which will take a step future in securing safety when operating ammonia-powered ships. The integrated scrubber is an eco-friendly technology that absorbs emitted ammonia in two separate occasions, reducing emissions to nearly zero. The exhaust outlets have also been uniquely designed to be distanced away from where the crew resides, enhancing safety of the vessel. HD Korea Shipbuilding & Offshore Engineering also continued to reveal its ‘AI system for Ship Management’ and ‘Remote Drone System’ at the forum. HD Korea Shipbuilding & Offshore Engineering emphasized that when applying these systems to ammonia-powered ships, even fine leakages can be detected in real time, preventing accidents from occurring in advance. “HD Hyundai has proprietary technologies and the most experience in the world when it comes to building gas carriers. With our abundant experience in green technologies, we plan to be the frontrunner of the future shipbuilding market.” said Seung-yong Park, President & COO of HD Hyundai Heavy Industries, a shipbuilding subsidiary of HD Hyundai. Since being the world’s first to win contracts for two ammonia-fueled LPG carriers last year, HD Korea Shipbuilding & Offshore Engineering has secured orders for a total of four ammonia-fueled ships as of now. Meanwhile, HD Korea Shipbuilding & Offshore Engineering will be attending Posidonia 2024 held from June 3 to 7, where it will be showcasing future eco-friendly technologies that will help realize the IMO 2050 goals. Posidonia ranks among the world's three largest shipbuilding and maritime exhibitions, alongside Nor-shipping in Norway and SMM (Shipbuilding, Machinery and Marine Technology trade fair) in Germany. Posidonia is expected to have more than two thousand companies from seventy-seven countries worldwide attend this year.

2024.06.02

HD Hyundai Expands Global Collaboration for LH2 Carrier Development

▶ HD Hyundai signs Joint Development Agreement on LH2 Carrier Design Development with Global Energy Company, Shell ▶ HD Hyundai to lead the design of LH2 Carrier and develop large LH2 tanks, hydrogen propulsion system, and other key technologies ▶ “Hope to lead the future green energy market through this partnership” (SEOUL, SOUTH KOREA – May 24, 2024) HD Hyundai will be working with Shell to accelerate the development of liquefied hydrogen (LH2) transportation technologies. HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries, holding company and affiliate of HD Hyundai’s shipbuilding business respectively, today announced a Joint Development Agreement (JDA) with Shell International Trading and Shipping Company Ltd. (Shell) at the HD Hyundai Global R&D Center (GRC) located in Gyeonggi Province, Korea. Sungjoon Kim, Chief Executive Officer of HD Korea Shipbuilding & Offshore Engineering, Seungho Jeon, Chief Technical Officer of HD Hyundai Heavy Industries, Karrie Trauth, Senior Vice President of Shell Shipping & Maritime, along with other executive members attended the event. Under this agreement, HD Hyundai and Shell will jointly develop a design for an operable large LH2 carrier from 2030s onwards that can help transport hydrogen intercontinentally. According to Statista, the hydrogen transportation market, which includes carriers and pipelines, is expected to grow to US $566 billion in value in 2050. HD Korea Shipbuilding & Offshore Engineering will be using its own technologies to focus on research and development of key technologies such as large LH2 tanks and hydrogen cargo operation system. HD Hyundai Heavy Industries will be in charge of developing a hydrogen engine and designing an LH2 carrier. Shell will be sharing experience from its in-house technology developments and ship operations as well as reviewing the operational feasibility of the carrier design. HD Korea Shipbuilding & Offshore Engineering has been awarded Approval in Principle (AIP) by DNV in 2023 for developing a proprietary hydrogen system for large LH2 carriers. This cooperation will provide meaningful and exciting opportunities to HD Hyundai to leverage Shell’s innovation capabilities in areas where it can have the greatest impact. With significant uncertainty around the shape of the future energy system, Shell is developing a multi-energy portfolio that has the flexibility to respond to uncertainty, and can help remain a successful business in achieving net-zero emissions. “HD Korea Shipbuilding & Offshore Engineering is global no.1 in shipbuilding technologies, and has been developing its own technologies on green energy related ships such as methanol, ammonia, CO2, and hydrogen. With this partnership with Shell, I am confident that we will be able to lead the next generation green energy market.” said Sungjoon Kim, Chief Executive Officer of HD Korea Shipbuilding & Offshore Engineering. “We have a long and successful history of working together in cooperation with HD Hyundai in the design and construction of ships that lead the market in innovation and energy efficiency. This project is a great opportunity to build on this history of cooperation, working with HD Hyundai to design the future of shipping providing more and cleaner energy solutions.” said Karrie Trauth, Senior Vice President of Shell Shipping & Maritime. Meanwhile, HD Hyundai has been actively cooperating with various global companies to develop technologies related to marine hydrogen transportation such as the MOU signing last February with Woodside Energy, Hyundai Glovis, and MOL on the development of an LH2 marine transportation value chain.

2024.05.24

HD Hyundai Heavy Industries Shares Excellence of K-Battleships to the World

▶ Hosted a delivery signing ceremony of its newest 3,000t submarine ‘Shin Chae-ho’ in Ulsan, Korea ▶ Gov’t officials from nine countries attended, and boarded the Aegis warship and frigate ▶ “Will show our on-time delivered, highly advanced submarines to the world, and fully commit to K-defense exports with the ‘Team Korea’ effort.” HD Hyundai Heavy Industries invited the Korean Ministry of National Defense (MND), Defense Acquisition Program Administration (DAPA), and Government officials from nine countries all over the world to share the excellence of it submarines and other K-battleships including Aegis warships and frigates. HD Hyundai Heavy Industries shared today that it hosted a delivery signing ceremony of the third Batch-1 3,000t submarine, Shin Chae-ho, at its headquarters located in Ulsan, Korea. Dookyum Kim, Mayor of Ulsan, Sung Il, Deputy Minister of the Office of Military Resources Management at MND, Kyoungho Han, Head of Advanced Capabilities Program Agency at DAPA, Jungho Kang, Commander at the Navy Submarine Force Command, and Wonho Joo, Senior Executive Vice President of HD Hyundai Heavy Industries’ Naval & Special Ship Business Unit (NSSBU) attended the event. Over twenty Government officials from nine countries also joined the ceremony including Michael L. MacDonald, member of the Canadian Senate, Michael Jacobson CSM, Director General Submarines of the Royal Australian Navy, Paul Duclos, Peru Ambassador to Korea, and had the chance to see the excellence of Korean battleships in person. After the delivery signing ceremony, all guests visited the Shin Chae-ho, along with Jeongjo the Great Aegis destroyer, and Chungnam frigate at the NSSBU yard. The event was especially meaningful as there were guests from different countries such as Canada, Peru, Australia, the Philippines, Poland, that have a high possibility of discussing further K-defense exports. Guests from the US were also present, a country which defense MRO (maintenance, repair, operation) is currently being discussed. Shin Chae-ho is the first 3,000t submarine that has been designed and build independently with HD Hyundai Heavy Industries technologies and delivered on time. This has been possible due to the full support and cooperation from DAPA and the Korean Navy. The company has been gaining more attention in terms of shipbuilding technologies and business management capabilities as it has been successful in delivering battleships on time from the Ulsan class Cheonan and Chuncheon frigates, to today’s Shin Chae-ho. The submarine has been applied with the latest fuel cell, lead-acid battery propulsion system, and state-of-the-art noise control technologies, boasting significantly improved covert mission capabilities and survivability. It can also be armed with guided missiles, torpedoes, underwater mines, and can fire SLBMs (Submarine Launched Ballistic Missile) on its vertical launch system, making it a key asset for the marine based underwater kill chain system. The Shin Chae-ho has gone through a thirty month test and evaluation period since its launch ceremony in September 2021. After being delivered to the ROK Navy, the submarine will go through force integration and join missions later in the year. “I am glad to have this opportunity to share the excellence of our submarines, which have been delivered on time, with the world. We will continue to work with the Government as part of our ‘Team Korea’ effort to stay fully committed and make tangible results in K-defense exports.” said Wonho Joo, Senior Executive Vice President of HD Hyundai Heavy Industries’ Naval & Special Ship Business Unit (NSSBU). Meanwhile, HD Hyundai Heavy Industries has won orders for a total of eighteen battleships that will be exported overseas including four which will be locally built for the Peru Navy after being selected as a preferred bidder this past March.

2024.04.04

HD Korea Shipbuilding & Offshore Engineering Unveils New ‘Carbon Zero’ Technology for Ammonia-Fueled Vessels

▶ ‘Global Tech Forum’ held in Greece inviting over 100 global shipbuilding and maritime stakeholders ▶ Revealed proprietary ammonia scrubber that absorbs toxic gas and emits zero carbon ▶ Real time gas leakage monitored with AI technology and drones, preventing severe accidents in advance ▶ “Will lead the future green market with world leading experience in gas carrier building and proprietary technologies.” (SEOUL, SOUTH KOREA – June 3, 2024) HD Korea Shipbuilding & Offshore Engineering revealed its new technology that ensures more safety for ammonia-fueled vessels which are considered as eco-friendly ships for the next generation. HD Korea Shipbuilding & Offshore Engineering shared today that it held a ‘Global Tech Forum’ in Athens, Greece on Friday, May 31 (local time) inviting more than one hundred guests from the global shipbuilding and maritime industry to share its new technology that reduces toxic gas emissions from ammonia fuel to nearly zero. Ammonia-fueled vessels are known for being eco-friendly as it does not emit any carbon. These vessels are currently being developed by shipbuilders all over the world, however, the key has always been how to safely eliminate the toxicity of ammonia when used as fuel. Euronva, Thenamaris, NYK, and other global companies at the forum were especially interested in various methods that could solve leakage issues, which have been considered one of the major hurdles when commercializing ammonia as fuel. Acknowledging such concern, HD Korea Shipbuilding & Offshore Engineering revealed at the forum its proprietary integrated scrubber technology which will take a step future in securing safety when operating ammonia-powered ships. The integrated scrubber is an eco-friendly technology that absorbs emitted ammonia in two separate occasions, reducing emissions to nearly zero. The exhaust outlets have also been uniquely designed to be distanced away from where the crew resides, enhancing safety of the vessel. HD Korea Shipbuilding & Offshore Engineering also continued to reveal its ‘AI system for Ship Management’ and ‘Remote Drone System’ at the forum. HD Korea Shipbuilding & Offshore Engineering emphasized that when applying these systems to ammonia-powered ships, even fine leakages can be detected in real time, preventing accidents from occurring in advance. “HD Hyundai has proprietary technologies and the most experience in the world when it comes to building gas carriers. With our abundant experience in green technologies, we plan to be the frontrunner of the future shipbuilding market.” said Seung-yong Park, President & COO of HD Hyundai Heavy Industries, a shipbuilding subsidiary of HD Hyundai. Since being the world’s first to win contracts for two ammonia-fueled LPG carriers last year, HD Korea Shipbuilding & Offshore Engineering has secured orders for a total of four ammonia-fueled ships as of now. Meanwhile, HD Korea Shipbuilding & Offshore Engineering will be attending Posidonia 2024 held from June 3 to 7, where it will be showcasing future eco-friendly technologies that will help realize the IMO 2050 goals. Posidonia ranks among the world's three largest shipbuilding and maritime exhibitions, alongside Nor-shipping in Norway and SMM (Shipbuilding, Machinery and Marine Technology trade fair) in Germany. Posidonia is expected to have more than two thousand companies from seventy-seven countries worldwide attend this year.

2024.06.02

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