Shipping & Shipbuilding
HD Hyundai develops electric propulsion system for large ships
S.Korean HD Hyundai Group's shipbuilding affiliates secured Approval in Principle from Lloyd's Register
By Oct 27, 2023 (Gmt+09:00)
1
Min read
Most Read
LG Chem to sell water filter business to Glenwood PE for $692 million


Kyobo Life poised to buy Japan’s SBI Group-owned savings bank


KT&G eyes overseas M&A after rejecting activist fund's offer


StockX in merger talks with Naver’s online reseller Kream


Mirae Asset to be named Korea Post’s core real estate fund operator



HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries Co. have secured Approval in Principle (AIP) from the UK's Lloyd's Register for their groundbreaking low-carbon electric propulsion system (phase II) for super-large crude oil carriers, according to the companies' holding company HD Hyundai Co. on Friday.
The 30-megawatt (MW) electric propulsion system, which leverages medium voltage direct current (MVDC) and solid oxide fuel cell (SOFC) technologies, is designed for 300,000-ton crude carriers.
The system is anticipated to match the propulsion efficiency of larger conventional engines while achieving "net-zero" carbon emissions.
This innovation follows the two firms' accomplishment last February when they obtained a conceptual design certification from Lloyd's Register for the same system.
The system's energy efficiency has improved by 20% compared to existing models, and power quality has been boosted by about 40%.
Notably, this was achieved while reducing the system's overall weight by a fifth, according to a spokesperson from HD Hyundai.
The firm has emphasized its dedication to domestic innovation, noting that key equipment and technology were developed in-house.
This approach mirrors South Korea's drive for technological self-reliance in pivotal industries.
Looking forward, HD Hyundai is targeting 2027 for a land-based demonstration of its propulsion system and is planning a full-scale commercial rollout by 2028.
Write to Hyung-Kyu Kim at khk@hankyung.com
More to Read
-
Shipping & ShipbuildingS.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal
Oct 25, 2023 (Gmt+09:00)
4 Min read -
Leadership & ManagementHD Hyundai President Chung to deliver keynote at CES 2024
Oct 24, 2023 (Gmt+09:00)
3 Min read -
-
Shipping & ShipbuildingHD Hyundai, Siemens to jointly build smart shipyard
Oct 18, 2023 (Gmt+09:00)
1 Min read -
PetrochemicalsHD Hyundai Oilbank changing into eco-friendly energy entity
Sep 27, 2023 (Gmt+09:00)
1 Min read
Comment 0
LOG IN