October1 , 2026

    HMM, Hanwha group, and Korean Register collaborate to develop next-generation zero-carbon propulsion system

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    HMM has signed a Memorandum of Understanding (MoU) with Hanwha Group subsidiaries and the Korean Register (KR) to jointly develop a next-generation zero-carbon propulsion system for ships — marking a major step forward in sustainable maritime innovation.

    Under this partnership, experts from the three organizations will collaborate to design an advanced propulsion system that generates thrust using ammonia-based gas turbines (GT) and produces electrical power from fuel cells, enabling fully carbon-free vessel operation. The initiative will primarily focus on container vessels and explore hybrid propulsion concepts integrating fuel cells and batteries. Additionally, the project will include economic feasibility assessments and the development of optimized hull designs to enhance efficiency.

    By combining HMM’s operational expertise, Hanwha’s cutting-edge technological capabilities, and KR’s robust technical verification framework, the collaboration aims to create powerful synergies that accelerate progress in maritime decarbonization.

    This milestone also reinforces HMM’s commitment to achieving its Net-Zero 2045 target and builds on the company’s ongoing efforts through the deployment of LNG dual-fuel and methanol-powered containerships, further strengthening its leadership in the global transition toward a sustainable shipping future.