South Korea’s first commercialised hydrogen electric boat has been unveiled at the 2021 Busan International Boat Show, winning the event’s Best Boat of the Year award. Developed by Vinssen, the Hydrogenia vessel is powered by a Danfoss Editron electric drivetrain and sub-system.
In late 2020, the South Korean government announced a US$870 million initiative to encourage the development of eco-friendly shipping to reduce pollution caused by the country’s marine sector. The 2030 Green Ship-K Promotion Strategy, a central part of South Korea’s plans to achieve carbon-neutrality by 2050, specifically targets the advancement and wider use of low-carbon ship technology, including hydrogen fuel cells and propulsion systems. The initiative has set a goal of reducing the country’s shipping greenhouse gas emissions by 40% in the next 25 years and 70% by 2050.