Participation in 'KORMARINE 2023' in Busan from 24th to 27th
Exhibition of Ammonia Carriers and 3000-ton Submarines

Hanwha Ocean announced on the 23rd that it will participate in KORMARINE 2023, Asia's largest international shipbuilding and marine industry exhibition held at BEXCO in Busan from the 24th to the 27th, showcasing a wide range of world-class ship, marine equipment, and defense technologies.


Hanwha Ocean will present a total of three products at this exhibition. These include an ammonia-fueled ammonia carrier (86,000 CBM-class ammonia carrier), which is gaining attention as a next-generation fuel; a large offshore wind turbine installation vessel (Wind Turbine Installation Vessel·WTIV) capable of installing wind turbines, an emerging eco-friendly renewable energy source; and the world's highest-performance diesel submarine (Jangbogo-III Batch-II submarine) developed with proprietary technology. These products incorporate the latest technologies developed by Hanwha Ocean.


Perspective view of the ammonia fuel-powered ammonia carrier developed by Hanwha Ocean [Photo provided by Hanwha Ocean]

Perspective view of the ammonia fuel-powered ammonia carrier developed by Hanwha Ocean [Photo provided by Hanwha Ocean]

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The ammonia-fueled ammonia carrier is a zero-carbon vessel that emits no carbon, making it a next-generation eco-friendly ship that can effectively respond to the International Maritime Organization (IMO)'s regulations on ship greenhouse gas emissions. Hanwha Ocean has already obtained certification from renowned foreign classification societies for LNG carriers, container ships, and ultra-large crude oil carriers that can be propelled by ammonia. The company plans to commercialize this technology independently by 2025.


In the marine sector, Hanwha Ocean will showcase a large offshore wind turbine installation vessel for the first time at this exhibition. It can carry and operate five 15 MW-class large offshore wind turbines at once and can install turbines at depths of up to 65 meters. Hanwha Ocean is currently constructing two large offshore wind turbine installation vessels, which are scheduled for delivery in 2024 and 2025, respectively.


Perspective view of the WTIV under construction by Hanwha Ocean [Photo by Hanwha Ocean]

Perspective view of the WTIV under construction by Hanwha Ocean [Photo by Hanwha Ocean]

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In the defense sector, Hanwha Ocean will present the 3,000-ton Jangbogo-III Batch-II submarine, known as the most advanced diesel submarine in the world.


This hybrid submarine combines Hanwha Ocean's Air-Independent Propulsion (AIP) system with Hanwha Aerospace's lithium-ion batteries, boasting the world's longest underwater endurance for a diesel submarine. Equipped with vertical launch systems and other features, it has attracted significant attention from navies worldwide.


A Hanwha Ocean representative stated, “Based on our technological competitiveness, Hanwha Ocean will leap forward as a ‘Global Ocean Solution Provider’ leading the paradigm shift in the future marine industry.”


Hanwha Ocean's Jangbogo 3 Batch-II submarine under construction [Photo by Hanwha Ocean]

Hanwha Ocean's Jangbogo 3 Batch-II submarine under construction [Photo by Hanwha Ocean]

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Hanwha Ocean recently announced plans to secure a foothold for overseas expansion in marine defense and to make large-scale investments to acquire propulsion systems based on eco-friendly fuels, eco-friendly carriers, and autonomous ship technologies.


Through this, the company aims to secure future growth engines to respond to global security crises and climate change.


Marking its 23rd edition this year, KORMARINE is Asia's largest international shipbuilding and marine industry exhibition held biennially, attracting 20,000 visitors. This year, approximately 900 companies from over 40 countries are participating in the exhibition.



Hanwha Ocean Booth [Photo by Hanwha Ocean]

Hanwha Ocean Booth [Photo by Hanwha Ocean]

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This content was produced with the assistance of AI translation services.

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