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South Korean shipbuilding and steel companies will cooperate

South Korea's leading five shipbuilding and steel companies have begun collaborating to develop liquefied hydrogen carrier cargo holds.

South Korean shipbuilding and steel companies will cooperate

Samsung Heavy Industries, HD Korea Shipbuilding & Marine Engineering, Hanwha Ocean, POSCO, Hyundai Steel, and Korea Register (KR) announced on July 13th that they have signed a joint research agreement for standardizing tests on marine materials for liquefied hydrogen transportation.

Hydrogen, considered a new-generation environmentally friendly energy source, is transported in liquid form by cooling it to -253°C and compressing it to 1/800th of its volume. The core component of liquefied hydrogen carriers is the cargo hold, which safely stores liquefied hydrogen at these ultra-low temperatures.

The five shipbuilding and steel companies, along with Korea Register, agreed to conduct research on the impact resistance (strength properties) and physical characteristics of ship materials at ultra-low temperatures to promote international standardization of liquefied hydrogen cargo hold design. This research is crucial for understanding the behavior of materials that are currently subjected to temperatures much lower than room temperature.

Under the agreement, the parties will share data and experimental results regarding changes in material properties at ultra-low temperatures and promote international standardization of liquefied hydrogen cargo hold design. This collaborative effort is expected to position South Korea as a leader in the future hydrogen carrier market.

The president of a shipbuilding research institute involved in the agreement stated, "Conducting joint research with three major domestic shipbuilding companies and two steel companies as Korean Register will play a significant role in securing Korean companies' leadership in the future hydrogen carrier market."

This collaboration will strengthen South Korea's technological leadership in liquefied hydrogen transportation and represent a significant step in the country's transition to clean energy.

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