Doosan unit to develop fuel cells for ships with Navig8
By Nam Kwang-sik
SEOUL, Nov. 10 (Yonhap) -- South Korean fuel cell maker Doosan Fuel Cell Co. said Tuesday it has signed a preliminary deal with Singaporean shipper Navig8 to develop fuel cells for ships.
Under the deal, Doosan Fuel Cell will provide solid oxide fuel cells (SOFCs), energy conversion devices generating electricity, for a 50,000-ton ship of Navig8, while the Singaporean shipping company will offer technologies to mount SOFCs on the ship.
SOFCs for the 50,000-ton ship will be used to propel the vessel and generate electricity for it, the company said.
The deal is the first case of Doosan Fuel Cell expanding its business from electricity-generating fuel cells, the company said.
Last month, Doosan Fuel Cell, a unit of cash-strapped Doosan Group, said it has signed a deal with British SOFC maker Ceres Power to develop SOFCs.
The fuel cell maker plans to invest 72.4 billion won(US$64.7 million) to build a fuel cell plant with the aim of mass-producing SOFCs from 2024.
Navig8 is a global shipper that has about 140 petrochemicals or oil carriers, Doosan Fuel Cell said.
ksnam@yna.co.kr
(END)
-
S. Korea to resume issuing short-term travel visas, e-visas next month
-
Ateez to drop new Japanese EP next week
-
(2nd LD) BTS wins three Billboard Music Awards, marking 6th year to win an award
-
Crypto investor probed over allegedly visiting house of Terraform's CEO
-
(2nd LD) N. Korea still unresponsive to S. Korea's outreach for talks on COVID-19: official
-
S. Korea to resume issuing short-term travel visas, e-visas next month
-
(5th LD) Yoon, Biden agree to expand joint military exercises to cope with N.K. threats
-
(LEAD) Yoon, PPP lawmakers travel to Gwangju en masse to commemorate 1980 democracy uprising
-
(LEAD) At least 8 injured in S-Oil refinery explosion in Ulsan: firefighters
-
(LEAD) Biden set to arrive in S. Korea for first summit with Yoon
-
U.S. not considering adding S. Korea to Quad: official
-
(5th LD) Yoon, Biden agree to expand joint military exercises to cope with N.K. threats
-
First lady Kim to greet Biden before state dinner
-
Biden calls Moon 'good friend' in phone conversation: Moon's aide
-
Yoon, Biden to visit Air Force operations center