HD Hyundai Spearheads Eco-Friendly Shipbuilding Market

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Credit: Maersk

Chung is propelling the eco-friendly shipbuilding market forward, as evidenced by his recent participation in the naming ceremony of the world’s first methanol-powered container ship, reports prnews wire.

Laura maersk

HD Hyundai announced that CEO Chung attended the naming ceremony of the 2,100 TEU-class methanol-powered container ship, “Laura Maersk,” in Copenhagen, Denmark, on September 14.

After the naming ceremony of Laura Maersk, HD Hyundai CEO Kisun Chung (first from the right), Maersk Chairman Robert Maersk Uggla (second from the right), and Ursula Von Der Leyen, President of the European Commission (centre), are taking a commemorative photo in the ship’s cabin.

Built by Hyundai Mipo Dockyard, this vessel is a milestone as the first of 19 methanol-powered ships ordered by global shipping giant A.P. Moller-Maersk (referred to as “Maersk”). It marks the world’s inaugural container ship using methanol as fuel, riding the wave of global interest in methanol as the next-generation ship fuel following LNG.

New era shipping

“Laura Maersk” set sail from Ulsan, South Korea, in July and reached Copenhagen on September 13 after a two-month, 21,500-kilometre voyage. Maersk held the naming ceremony at its headquarters, symbolising the dawn of a “New Era of Shipping.”

Maersk chairman

The ceremony was attended by prominent figures, including Maersk Chairman Robert Maersk Uggla and Ursula Von Der Leyen, President of the European Commission.

Chung actively expands his network with global shipping companies and participates in international exhibitions to meet the rising demand for cutting-edge eco-friendly technologies in shipbuilding.

On September 13, Chung held a meeting with Chairman Robert Maersk Uggla to discuss enhancing their partnership. He expressed confidence in “Laura Maersk” being a significant milestone toward carbon neutrality and advancing the realisation of a Green Ocean through innovation.

In earlier engagements, Chung participated in GasTech 2023 in Singapore, introducing eco-friendly technologies and signing an MOU related to the “Development of Ammonia Dual-Fuel Propulsion Ships.” HD Hyundai secured orders for 43 methanol-powered container ships worldwide and stands at the forefront of the next-generation eco-friendly ship market.

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Source : prnews wire