ABS Joins Forces with KHIA and University of Ulsan to Pioneer Hydrogen-Powered Vessel

American Bureau of Shipping (ABS) has signed a memorandum of understanding (MoU) with the Korea Hydrogen Industry Association (KHIA) and the University of Ulsan, Foundation for Industry Cooperation (UOUFIC) to develop a unique 40-seat tourism vessel.

This maritime innovation boasts electric propulsion powered by a 350-kW hydrogen fuel cell, marking a significant step in clean energy adoption within the maritime industry.

This hydrogen-fueled vessel aligns seamlessly with Korea’s national hydrogen strategy, positioning it as a vital research, development, and demonstration (RD&D) project. The strategic partnership among ABS, KHIA, and the University of Ulsan is set to redefine the future of maritime transportation and contribute to Korea’s clean energy goals.

Vassilios Kroustallis, ABS Senior Vice President, Global Business Development, emphasized the organization’s dedication to pioneering new technologies and collaborating on innovative projects. ABS, with its extensive technical knowledge and regulatory expertise, is poised to enhance the safety of the maritime industry and facilitate a smooth transition to clean energy.

Donghui Lee, Chairman of KHIA, expressed the organization’s enthusiasm for this collaborative agreement with ABS and the University of Ulsan. KHIA sees this venture as a promising step towards the development of hydrogen-powered ships in the future. Their commitment to cooperation extends to various fields, promising a comprehensive approach to hydrogen innovation.

Ock Taeck Lim, Professor at the University of Ulsan, emphasized that the MoU with ABS and KHIA opens doors to exploring differentiated technologies in the domains of hydrogen and shipbuilding. This partnership not only aims to advance clean energy but also to establish new benchmarks in maritime technology.

ABS is a significant contributor to the global energy transition, offering crucial guidance for the implementation and transportation of hydrogen as a marine fuel. This project represents yet another step in ABS’s commitment to pioneering sustainability within the maritime industry.

The collaboration between ABS, KHIA, and the University of Ulsan exemplifies the maritime industry’s dedication to clean energy solutions. As the world shifts towards a greener future, these innovative endeavors will play a pivotal role in redefining maritime transportation.