ABS and the Hydrogen Ship Technology Center at Pusan National University signed a memorandum of understanding for the joint research and technology development of liquid H₂ carriers and cryogenic engineering.

The agreement establishes a cooperative framework for both organizations to share resources and expertise to help develop a liquid H₂ carrier and H₂ propulsion systems.

“ABS and Pusan National University's Hydrogen Ship Technology Center each bring significant technical strength and deep industry experience. By working together, we are confident we can deliver advances in the application of H₂ technology at sea, including liquid H₂ carriers,” said Patrick Ryan, ABS Senior Vice President and Chief Technology Officer.

“The cooperation between our university and ABS will be an important turning point for further advancement in the utilization of liquid H₂, a key field of the future H₂ economy, through differentiated international exchange activities based on world-class, ultra-low temperature technology,” said Dr. Lee Jae-Myung, Director of the Hydrogen Ship Technology Center. “We will make joint efforts to create synergy in the development of ultra-low temperature research, an unexplored field of human society.”

Pusan National University’s Hydrogen Ship Technology Center has been selected as the lead institution for the “Development of Basic Technology for Commercialization of Liquid H₂ Carriers” project, which is a key component of the “K-Shipbuilding Super Gap Vision 2040” and is leading the development of building the world's largest liquid H₂ carrier.

Mass transportation of liquefied H₂, which is stored at minus 253°C, is a cutting-edge technology that has not yet been successfully commercialized due to its high technical difficulty.