KR, Hanwha Ocean, Amogy and HanwhaAerospace team up 

for application of ammonia reformers and ammonia fuel cellsystems to ships

KR has announced a Memorandum ofUnderstanding (MoU) with Hanwha Ocean, Amogy, and Hanwha Aerospace. The MoU,signed at Posidonia 2024 in Athens, Greece, focuses on the technicalcollaboration and certification for the application of ammonia reformers andammonia fuel cell systems to ships. The ammonia reformers, used to produce gaswith hydrogen as the main component and supply it to fuel cell stacks, areessential equipment for the adoption of fuel cell systems.

Amid the increasing global decarbonizationregulations, ammonia is emerging as a highly efficient alternative fuel. Thisagreement aims to apply reformers and fuel cell systems to ships, enhancingenergy efficiency and reducing carbon emissions, thereby lessening theenvironmental burden.

The MoU encompasses collaboration acrossvarious technological areas related to the application of reformers and fuelcell systems in ships. This includes design, development, testing, andcertification of ammonia reformers and fuel cell systems. Ultimately, thesafety and suitability of these systems will be verified based on KR’s rules, internationalconventions and standards, with KR planning to issue a New Technical Qualification(NTQ) certificate.

KIM Hyoungseog, Executive Vice President andCTO at Hanwha Ocean, stated, "This agreement will strengthen HanwhaOcean's competitiveness in the eco-friendly ship market. We will continue totake a leading role in developing crucial new technologies for carbonneutrality in the shipping industry."

Amogy's CEO, WOO Seonghoon, expressed hisdelight, stating, "This agreement brings us one step closer to thecommercialization of eco-friendly ships using Amogy's ammonia-based fuel cellsystems. I believe multi-party collaboration is vital for the decarbonizationof the shipping industry, and we will continue to do our best to ensure thesafe introduction of ammonia and ammonia-based fuel cell systems into the shipmarket."

Moon Seunghak, Head of E-Propulsion SystemBusiness Group at Hanwha Aerospace, commented, "The introduction ofammonia-based fuel cell systems is essential for the decarbonization of theshipping industry. We expect to maximize synergy through the cooperation of thefour companies. This technological development will play a key role inestablishing a carbon-neutral ecosystem in the ship transportationmarket."

YEON Kyujin, Senior Vice President of KR, added,"This agreement will be an important milestone in applying ammoniatechnology to ships. KR will continue to drive the decarbonization of themaritime industry, by providing technical support to ensure that reformers andfuel cell systems can be safely applied to ships."


ENDS