HD KSOE MOVES FORWARD WITH AMMONIA FUEL

Nov 7, 2024 | Marine fuel & lubricant news

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has obtained Approval in Principle (AIP) from both Lloyd’s Register (LR) and the Liberian International Ship & Corporate Registry (LISCR) for its ammonia cargo operation system and ammonia fuel supply system, which can be used in conjunction with LPG.

Ammonia is gaining attention as an alternative fuel technology due to its carbon and sulphur-free emissions and ease of storage and transport, making it a strong candidate to support the IMO 2050 net-zero target. The International Energy Agency (IEA) projects in its 2050 Carbon Zero Roadmap Report that ammonia will comprise 46% of all ship fuels by 2050. While ammonia is seen as an eco-friendly fuel in its own right, its role as a carrier for hydrogen is resulting in growing demand for its transportation, establishing it as a vital link in advancing the hydrogen economy.

HD KSOE has taken a proactive stance in response to the growing ammonia carrier market by completing the certification of its ammonia cargo operation system. Simultaneously, the company has finalised the certification for its ammonia fuel supply system which can be used alongside LPG fuel, from LR and LISCR, further demonstrating its technological competitiveness in the eco-friendly fuel market.

Kim Sung-Joon, CEO and SEVP, SD Business, HD KSOE, said: “Ammonia is likely to be essential for achieving carbon neutrality in the long term, and we will maintain a leading position in the upcoming ammonia fuel propulsion ship market based on our current technological superiority.'”

Jung Sik Kim, MD LISCR Korea, added: “HD KSOE is one of the world’s leading shipbuilding groups by designing and building high quality and innovative ships, and the development of both ammonia cargo operation and ammonia fuel supply systems confirms HD KSOE’s leading position to accelerate the maritime industry’s pursuit towards net-zero GHG emissions for international shipping. The Liberian Registry is proud to have awarded two Approvals in Principle and one Factual Statement to HD KSOE with great support and collaboration with LR. Congratulations to HD KSOE for this achievement.”

Image: Ammonia certification for HD KSOE (source: LISCR)

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