South Korea touts world’s first large liquefied hydrogen carrier design
Hyundai Heavy Industries Group has won class and flag state approvals for a large liquefied hydrogen carrier design. Its development matches up with a surge in interest among political leaders worldwide to ramp up the use of hydrogen as a next-generation energy source
The Hydrogen Council has projected that this next-generation fuel will command an 18% share of the global energy market by 2050. The gas has been backed by policy-makers to help boost decarbonisation efforts