Daewoo Shipbuilding & Marine Engineering Collaborates with US Company on Large Liquefied Hydrogen Carrier Technology

Woo Je-hyeok, Vice President and Shipyard Director of Daewoo Shipbuilding & Marine Engineering (right), is taking a commemorative photo with Caesar Canals, Executive Vice President of CB&I, after signing a memorandum of understanding to promote technological cooperation for large liquefied hydrogen carriers on the 12th.

[Asia Economy Reporter Oh Hyung-gil] Daewoo Shipbuilding & Marine Engineering announced on the 13th that it has signed a business agreement with CB&I, a subsidiary of the U.S. energy engineering company McDermott, to develop large liquefied hydrogen carrier technology.

Recently, countries around the world have been advancing technology development in the storage and transportation of liquefied hydrogen, which is more advantageous for transport and storage than gaseous hydrogen. As maritime transportation of liquefied hydrogen is expected to increase in the future, the need for large liquefied hydrogen carriers is growing.

The two companies discussed technologies for applying large liquefied hydrogen storage tanks to ships and key technologies constituting liquefied hydrogen carriers, and agreed to establish a close cooperative relationship in related fields going forward.

CB&I is a company that has accumulated over 130 years of experience and capabilities in the construction of related storage facilities, including manufacturing and supplying the world's largest liquefied hydrogen storage tank at NASA's Kennedy Space Center in the United States.

Through this cooperation, Daewoo Shipbuilding & Marine Engineering expects to contribute to enhancing the technical completeness for realizing the large-scale liquefied hydrogen carriers by integrating large liquefied hydrogen storage tank technology suitable for ships.

A Daewoo Shipbuilding & Marine Engineering official said, "If we secure Daewoo Shipbuilding & Marine Engineering's world-class shipbuilding technology and CB&I's storage tank-related technology and experience, Korea's shipbuilding industry will be able to maintain its position as the world's best in the large liquefied hydrogen carrier sector."

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