ASX-Dividend-Report-Banner

VINSSEN Holds Ship Construction Kick-off Ceremony of Hydrogen-Powered Leisure Boat

October 17, 2024 12:00 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 VINSSEN Holds Ship Construction Kick-off Ceremony of Hydrogen-Powered Leisure Boat
Image source: Kalkine Media

Key milestone of R&D project celebrated on Oct 8 with partners Jeonnam Technopark (JNTP), Korea Marine Equipment Research Institute (KOMERI), and Korea Institute of Industrial Technology (KITECH)

SEOUL, South Korea, Oct. 17, 2024 /PRNewswire/ -- VINSSEN Co., Ltd, a maritime decarbonization technology specialist focused on hydrogen fuel cells and integrated propulsion systems, held a launch ceremony on October 8 to mark the start of hull construction of a 17.4m leisure boat. The boat, which can accommodate up to 10 passengers, has a maximum speed of 20 knots powered by a 600kW propulsion system incorporating hydrogen fuel cells and high-voltage batteries developed by VINSSEN. Design approval has already been issued by Korea Marine Traffic Safety Authority (KOMSA), establishing it as the first leisure boat of its kind in the country.

Vessel Rendering of Hydrogen-Powered Leisure boat.
Vessel Rendering of Hydrogen-Powered Leisure boat.

VINSSEN first received special approval from Korea's Ministry of Trade, Industry, and Energy to proceed with the R&D Project" in 2023. The project, officially titled "Demonstration of the Charging and Operation of a Hydrogen Fuel Cell Powered Boat", is conducted in collaboration with JNTP, KOMERI, and KITECH. Specifically, JNTP will provide technical and regulatory sandbox execution support, KOMERI will conduct hull stability assessment hydrogen fuel cell system performance evaluation, and KITECH will share hull welding technology and quality management expertise.

As part of this initiative, VINSSEN, with the support of Jeollanam-do and Yeongam-gun, plans to construct hydrogen fuel cell leisure boats during the demonstration period based on the establishment of a safe testing environment. Additionally, the company will install a moorage facility in Yeongam-gun, and set up and operate a specialized mobile package-type hydrogen charging station that incorporates differentiated monitoring technology.

Chil Han LEE, the CEO at VINSSEN, stated, "This R&D project is essential to eventually achieving carbon neutrality and improving the maritime environment in Korea." He added, "Through this project, we will continue to accelerate safe and efficient eco-friendly maritime mobility technologies." With the project, VINSSEN aims to promote the widespread adoption of hydrogen power in Korea and beyond as a more sustainable solution.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.