In the Netherlands, Offshore Energy reported that the South Korea’s government has revealed plans to build ‘the world’s largest’ liquefied hydrogen (LH2) carrier in an effort to develop a competitive advantage in this market segment and ensure the future of the Korean shipbuilding industry. The report noted that the demonstration ship is expected to be built by 2027. The government intends to invest 39.2 million this year, according to the Ministry of Trade, Industry and Energy (MOTIE). “Liquefied hydrogen carriers are future-oriented ships that succeed liquefied natural gas (LNG) vessels in which we have a technological edge. LH2 carriers will secure the ‘super-gap’ competitiveness of the Korean shipbuilding industry and preempt new markets,” MOTIE said in a statement.
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