Hanwha Ocean announced on the 4th that it has signed a memorandum of understanding (MOU) for eco-friendly technology cooperation to secure carbon-neutral ship technology with leading classification societies, including Korea Classification Society (KR) and DNV Norway. A classification society is an independent organization that verifies the design and construction safety of ships.
The signing ceremony for the memorandum of understanding took place the previous day at the Nor-Shipping 2025 exhibition hall in Oslo, Norway. Kim Jong-seo, president of Hanwha Ocean's commercial ship division, Lee Hyung-cheol, chairman of Korea Classification Society, and Lee Jung-hoon, head of sales at DNV Norway, attended the event.
Hanwha Ocean will embark on the development of a 150,000 cubic meter (CBM) ammonia carrier in collaboration with Korea Classification Society. The largest ammonia carrier currently under construction is the 93,000 CBM class. The aim is to build larger vessels in anticipation of an increase in the transport volume of the eco-friendly fuel ammonia.
The company also signed a technology cooperation memorandum of understanding to promote design changes for the arrangement of the forward living quarters in order to enhance space utilization and eco-friendly design for liquefied natural gas (LNG) carriers.
With the Norwegian classification society, Hanwha Ocean will pursue technical cooperation related to MCTIB (High Manganese Steel Cargo Tank Independent Type-B) fuel tanks. The plan is to optimize the steam pressure limit of MCTIB fuel tanks for 'cold ironing' environments that utilize external power while the vessel is docked.
A representative from Hanwha Ocean noted, 'Hanwha Ocean is accelerating the commercialization of eco-friendly ship technology through strategic collaboration with global classification societies and key partners.' They added, 'We will enhance technological credibility through various joint development projects and lead international eco-friendly standards.'