Hyundai Mipo to build electric ship with homegrown tech
By Nam Kwang-sik
SEOUL, July 29 (Yonhap) -- Hyundai Mipo Dockyard Co. said Wednesday it will build a ship powered by electricity and other fuel with its own technologies by 2022 for the first time in the country to expand its presence in the ecoship market.
Hyundai Mipo signed a deal with a local government to build the ship propelled by fuel cells and liquefied natural gas (LNG) or fuel cells and diesel, according to the company.
The deal will help Hyundai Mipo commercialize technology to develop the dual fuel-propelled ships on its own, which has relied on foreign technologies.
The ship, which will be 89.2 meters long and 12.8 meters wide, will be able to carry up to 375 passengers and sail at a maximum speed of 16 knots.
Global market researcher IDtechEX expected the battery-powered ship market to grow US$12.4 billion in 2029 from $800 million in 2018.
Hyundai Mipo and its parent Korea Shipbuilding & Offshore Engineering Co. have been pushing ahead with its plan to develop eco-friendly ships.
In March 2019, Hyundai Heavy got the green light for the design of a crude carrier with the LNG-fuel cell-propelled engine system from DNV-GL, a Norwegian-German quality assurance and risk management company.
ksnam@yna.co.kr
(END)
-
New Defense Minister Lee takes office, warns of 'stern' response to possible N.K. provocations
-
(LEAD) Yoon taps ex-deputy NSA for spy chief
-
Gov't to significantly increase international flights to meet travel demand
-
(2nd LD) BTS wins three Billboard Music Awards, marking 6th year to win an award
-
(Yonhap Interview) Kiwoom Heroes' ace Eric Jokisch wants to make young sons proud
-
S. Korea to send condolence delegation to UAE over death of president
-
Yoon expresses hope for reopening of Seoul-Tokyo air route to bolster exchanges
-
(LEAD) N. Korea confirms first case of omicron variant of COVID-19: state media
-
Seoul's daily subway ridership hits pandemic-era high on eased restrictions
-
(5th LD) N.K. leader, wearing mask, chairs meeting on omicron outbreak
-
S. Korean volunteer fighter in Ukraine doesn't regret his action despite facing imprisonment at home
-
(LEAD) Crypto investor probed for alleged trespassing at Terraform CEO's home
-
S. Korea's Black Eagles aerobatic team to perform in British air shows in July
-
Crypto investor probed over allegedly visiting house of Terraform's CEO
-
(2nd LD) S. Korea attempts to send message to North over aid; Pyongyang unresponsive: ministry