Hyundai Motor Company has signed a landmark Memorandum of Understanding (MoU) to co-develop a maritime fuel cell system, extending its clean-energy capabilities beyond automobiles and into the marine sector.
The agreement brings together Hyundai Motor, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), and Pusan National University to develop technologies for mid- to large-scale liquefied hydrogen carriers.
The partners aim to create a next-generation maritime fuel cell system that meets the International Maritime Organization (IMO)’s carbon-reduction requirements while adapting Hyundai’s proven fuel-cell platform for the specific demands of ship propulsion.
The collaboration establishes the technological foundation for Hyundai Motor’s entry into the maritime hydrogen market and supports the development of hybrid propulsion solutions that reduce emissions and improve sustainability across future fleets.
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HD KSOE will lead the integrated design of a hybrid propulsion system combining a hydrogen dual-fuel engine with Hyundai’s maritime fuel cell, while Pusan National University will oversee evaluation and demonstration.
Ken Ramírez, Executive Vice President and Head of Hyundai Motor Group’s Energy and Hydrogen Business Division, said: “This collaboration marks an important first step toward achieving carbon neutrality and expanding a sustainable global maritime industry.
“By combining Hyundai Motor Company’s hydrogen fuel cell technology, HD Korea Shipbuilding & Offshore Engineering’s expertise, and Pusan National University’s research capabilities, we aim to set a new standard for future marine mobility.”
For more information:
Hyundai Motor Company – https://www.hyundai.com/worldwide/en





