Samsung Heavy Industries Co. received approval in principle for its design of the world's first fuel-cell propelled LNG carrier from Norwegian-German ship quality assurance society DNV GL.
The South Korean shipbuilder developed the design with US fuel cell maker Bloom Energy, which commercialized solid oxide fuel cells (SOFCs)--energy conversion devices that generate electricity.
Samsung Heavy's fuel cell-powered LNG carrier will be equipped with engines using SOFCs and LNG, thereby no internal combustion engines and devices using oil are used in it.
The DNV-GL approved Samsung Heavy's design for fuel cell-propelled crude carriers in September 2019.


Oil Crisis Escalates: Trump Threatens Iran as Strait of Hormuz Closure Pushes Prices Above $110
U.S. Job Market Braces for Slow Recovery Amid Middle East Tensions and Economic Uncertainty
Strait of Hormuz Disruption Sparks Global Oil Supply Fears
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation
UPS and Teamsters Reach Agreement to Limit Driver Severance Program
U.S. Warplane Shot Down by Iran Amid Escalating Middle East Conflict
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire
CTOC Adds 3,000 Doctors, 500 Hospitals Ahead of Liquidity Push
Asian Markets Rally on Iran Ceasefire Hopes as US-Iran Tensions Simmer
US Dollar Dips as Iran Rejects Ceasefire Amid Rising Middle East Tensions
Samsung Electronics Eyes Record Q1 Profit Amid AI-Driven Chip Boom
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding?
Bank of Japan Eyes Further Rate Hikes Amid Middle East Tensions and Inflation Pressures
Vietnam GDP Growth Slows in Q1 2026 Amid Middle East Oil Crisis 



