MOL has reportedly signed a non-binding memorandum of understanding with Woodside, Hyundai Glovis, and HD KSOE to jointly study the development of shipping solutions to enable bulk marine transportation of liquid hydrogen, which the three companies have been pursuing since 2022.
The goal is to have a liquefied hydrogen supply chain in Asia and other regions. If a project results from the MoU, the parties aspire to have the vessel built and in operation by 2030. Under the concept design, the...