A perspective view of Hanwha Ocean's green ship specifications LNG carrier, heavily applying next-generation eco-friendly technologies such as rotor sails and carbon capture. /Courtesy of Hanwha Ocean

The government will invest 260 billion won this year to secure the competitiveness of South Korea's shipbuilding industry. This is a 40% increase compared to last year.

The Ministry of Trade, Industry and Energy noted on the 11th, "We will invest about 170 billion won in eco-friendly ships, about 70 billion won in the digital transformation of shipbuilding processes, and about 20 billion won in autonomous ships."

As part of this plan, the Ministry will announce a first-round support project for new research and development (R&D) worth about 20 billion won on the 12th. A total of 17 new projects will be promoted, focusing on eco-friendly materials such as ammonia-powered ships, electric propulsion ships, and wind-assisted propulsion devices, as well as the development of collaborative robots for process innovation and collaboration platforms between shipyards and partners.

The Ministry will also support the technological development of ammonia-powered ships. These ships, which emit no greenhouse gases, are being evaluated as the next food source to follow liquefied natural gas (LNG) vessels. The Ministry will newly support the development of key materials such as ammonia fuel injection systems, leakage detection and treatment systems, and exhaust gas after-treatment systems, and will also embark on the world’s first ammonia fuel supply vessel construction project.

Additionally, the Ministry will provide new support for the development of key materials for medium and large electric propulsion vessels, including high-voltage direct current systems, wing sails for vessels, and equipment for capturing and treating carbon dioxide on board.

The Ministry will also actively support the digital transformation of processes that rely heavily on human labor. To this end, it will initiate the development of high-speed laser cutting systems, autonomous welding robots for ship block interiors, and collaborative robots for continuous welding of thick steel plates.

It will also support the development of digital production management and planning systems dedicated to shipbuilding partners and collaboration platforms between shipyards and partners. A Ministry official said, "Through this, we expect to enhance the productivity of shipyards, prevent safety accidents, and promote the intelligence of processes."