South Korean boiler specialist Hyundai Heavy Industries Power Systems (HPS), shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE), CO2 capture technology firm CE-TEK and classification society DNV have signed a joint development program agreement for the research and development of onboard carbon capture and storage (CCS) demonstration on units.

KSOE CE-TEK CCUS OCCS Korea Shipbuilding Offshore Engineering Neutrality Demonstration Center Business Developments International Energy Agency Carbon Capture Usage Systems Installation Ulsan Leveraging LNG-fueled