HD Korea Shipbuilding & Offshore Engineering (KSOE) signed a memorandum of understanding with Korea’s Hyundai Glovis, Australia’s Woodside Energy and Japan’s Mitsui O.S.K. Lines (MOL) to develop a value chain for the maritime transportation of liquefied hydrogen, the HD Hyundai subsidiary said Wednesday.
HD Hyundai will develop a commercial large liquefied hydrogen carrier by 2030 in accordance with the hydrogen value chain cooperation with global leaders in the sector, the South Korean shipbuilding conglomerate said Wednesday. According to the announcement, HD Hyundai’s shipbuilding holdings company, HD Korea Shipbuilding and Offshore Engineering, or HD KSOE, recently signed a memorandum of understanding with .
Hyundai Glovis, Hyundai Motor Group's logistics affiliate, said Wednesday that it has signed a memorandum of understanding with the Korea Ocean Business Corporation under the Ministry of Oceans and Fisheries to secure four pure car and truck carriers, or PCTCs, to bolster Korea's vehicle exports. The Korea Ocean Business Corporation will place the orders for the ships, which have the global top-class capabi.
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Hyundai Glovis, a logistics affiliate of Hyundai Motor Group, said Monday that it has decided to invest in Korean battery recycling firm ER to take the lead in the global market as the worldwide demand for electric vehicles is expected to increase. According to the announcement, the two firms signed a share subscription agreement but did not disclose the investment amount or details of the contract. Hyundai Glovis ha.