South Korea has announced plans to build the world’s largest liquefied hydrogen carrier (LHC) by 2027 to strengthen its shipbuilding industry and lead the future of clean energy shipping.
The Ministry of Trade, Industry and Energy confirmed the move and outlined a major investment and development roadmap during an inauguration ceremony held at BEXCO in Busan on May 9.
The government will invest 55.5 billion won (about $39.5 million) in 2025 alone to support this initiative. The carrier will serve as a demonstration ship and is expected to have a cargo capacity of 2,300 cubic meters, equal to about 140 tons of liquefied hydrogen, making it the largest of its kind once built.
The Ministry has launched a ‘Public-Private Joint Promotion Team for Liquefied Hydrogen Carriers’, which brings together South Korea’s top hydrogen and shipbuilding experts from government bodies, research institutions, universities, and major shipbuilders- Hyundai Heavy Industries, Hanwha Ocean, and Samsung Heavy Industries.
Liquefied
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