Skip to main content


ABS signs MoU to develop cutting-edge H2-fueled vessel

ABS signed a memorandum of understanding (MoU) with the Korea Hydrogen Industry Association (KHIA) and the University of Ulsan, Foundation for Industry Cooperation (UOUFIC) to develop a small, 40-seat vessel for tourism, equipped with electric propulsion using a 350-kW H2 fuel cell.

The zero-emission vessel qualifies as one of the research, development and demonstration (RD&D) projects associated with Korea’s national H2 strategy.

“ABS is proud to explore new technologies and work together on innovative projects with knowledgeable stakeholders such as KHIA and the University of Ulsan. We look forward to supporting this H2 vessel project with our deep technical knowledge and regulatory expertise to enhance the safety of the maritime industry and bring about a smooth transition to clean energy,” said Vassilios Kroustallis, ABS Senior Vice President, Global Business Development.

“KHIA is very happy to commence this agreement with ABS and the University of Ulsan for the development of H2 ships in the future. We look forward to cooperating with ABS and University of Ulsan in various fields,” said Donghui Lee, Chairman KHIA.

Ock Taeck Lim, Professor at the University of Ulsan, said “the MoU with ABS and KHIA will provide an opportunity to explore differentiated technologies in the fields of H2 and shipbuilding.”