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South Korean fuel cell maker Doosan Fuel Cell Co. will provide solid oxide fuel cells (SOFCs), which are electricity-generating conversion devices, for a 50,000-ton ship of Singaporean shipping company Navig8.
The two firms have signed a preliminary deal.
Navig8 has the technology to mount SOFCs on the ship.
Doosan Fuel Cell, a unit of cash-strapped Doosan Group, is expanding its business and plans to invest 72.4 billion won to build a fuel cell plant with the aim of mass-producing SOFCs from 2024.
Last month, Doosan Fuel Cell signed a deal with British SOFC maker Ceres Power to develop SOFCs.
Navig8 is a global shipper that operates about 140 petrochemicals or oil carriers.
