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- Naming ceremony held for two mid-sized gas carriers equipped with ammonia dual-fuel engines
- Ammonia projected to account for 46% of global marine fuel by 2050
- "HD Hyundai Heavy Industries will continue to lead the global eco-friendly ship market through technological innovation"
SEOUL, South Korea, April 9, 2026 /PRNewswire/ -- HD Hyundai Heavy Industries (HHI) said it has built the world's first ammonia-powered vessel and held a naming ceremony on March 9 for two such ships at its Ulsan shipyard.
The ceremony marked the naming of two 46,000-cubic-meter mid-sized gas carriers equipped with dual-fuel (DF) engines.
About 70 officials and employees attended the event, including Joo Won-ho, President and head of HHI's Naval & Special Ship Business Unit; Nicolas Saverys, Chairman of Exmar; and H. E. Bruno Jans, Belgium's ambassador to South Korea.
The two vessels were named "Antwerpen" and "Arlon," after cities in Belgium. They are the first and second of four ammonia-powered mid-sized gas carriers ordered by Exmar LPG France, a subsidiary of Belgian shipping company Exmar, in 2023 and 2024. The vessels are scheduled to be delivered to the shipowner in May and late July, respectively, following final outfitting.
The vessels measure 190 meters in length, 30.4 meters in width and 18.8 meters in height, and are equipped with three cargo tanks designed and built using HHI's proprietary technology, enabling the safe transport of liquefied gas cargoes such as ammonia and liquefied petroleum gas (LPG). They also feature a shaft generator, which produces electricity using the propulsion engine's rotating shaft, and a selective catalytic reduction (SCR) system to reduce nitrogen oxide emissions, further enhancing their environmental performance.
The vessels are also equipped with advanced detection and mitigation systems, including an ammonia gas detector for real-time leak monitoring and an ammonia purge recovery unit, ensuring a high level of safety.
Ammonia (NH3), an eco-friendly, carbon-free fuel, can be stored in pressurized tanks at around 8 bar or in refrigerated tanks at -33°C without the need for cryogenic technology. In liquid form, it has about 1.7 times higher storage density than liquefied hydrogen (-253°C) at the same volume, making it suitable for large-scale, long-distance transport and storage of hydrogen.
A net-zero roadmap released by the International Energy Agency (IEA) projects that ammonia will account for 8% of marine fuel demand in 2030, rising to 46% by 2050, indicating that demand for ammonia-powered vessels is expected to grow significantly.
"It is very meaningful for us to have built the world's first ammonia-powered vessel, which requires advanced technical expertise. We will continue to strengthen our leadership in the global eco-friendly ship market through ongoing technological innovation," said Joo Won-ho, head of HHI's Naval & Special Ship Business Unit.
HHI has secured orders for a total of eight ammonia-powered vessels from companies including Exmar and Trafigura. The company has also led the next-generation eco-friendly fuel ship market, having delivered the world's first methanol-powered petrochemical product carrier in 2016 and the world's first methanol-powered container ship in 2023.
- Naming ceremony held for two mid-sized gas carriers equipped with ammonia dual-fuel engines
- Ammonia projected to account for 46% of global marine fuel by 2050
- "HD Hyundai Heavy Industries will continue to lead the global eco-friendly ship market through technological innovation"
SEOUL, South Korea, April 9, 2026 /PRNewswire/ -- HD Hyundai Heavy Industries (HHI) said it has built the world's first ammonia-powered vessel and held a naming ceremony on March 9 for two such ships at its Ulsan shipyard.
The ceremony marked the naming of two 46,000-cubic-meter mid-sized gas carriers equipped with dual-fuel (DF) engines.
About 70 officials and employees attended the event, including Joo Won-ho, President and head of HHI's Naval & Special Ship Business Unit; Nicolas Saverys, Chairman of Exmar; and H. E. Bruno Jans, Belgium's ambassador to South Korea.
The two vessels were named "Antwerpen" and "Arlon," after cities in Belgium. They are the first and second of four ammonia-powered mid-sized gas carriers ordered by Exmar LPG France, a subsidiary of Belgian shipping company Exmar, in 2023 and 2024. The vessels are scheduled to be delivered to the shipowner in May and late July, respectively, following final outfitting.
The vessels measure 190 meters in length, 30.4 meters in width and 18.8 meters in height, and are equipped with three cargo tanks designed and built using HHI's proprietary technology, enabling the safe transport of liquefied gas cargoes such as ammonia and liquefied petroleum gas (LPG). They also feature a shaft generator, which produces electricity using the propulsion engine's rotating shaft, and a selective catalytic reduction (SCR) system to reduce nitrogen oxide emissions, further enhancing their environmental performance.
The vessels are also equipped with advanced detection and mitigation systems, including an ammonia gas detector for real-time leak monitoring and an ammonia purge recovery unit, ensuring a high level of safety.
Ammonia (NH3), an eco-friendly, carbon-free fuel, can be stored in pressurized tanks at around 8 bar or in refrigerated tanks at -33°C without the need for cryogenic technology. In liquid form, it has about 1.7 times higher storage density than liquefied hydrogen (-253°C) at the same volume, making it suitable for large-scale, long-distance transport and storage of hydrogen.
A net-zero roadmap released by the International Energy Agency (IEA) projects that ammonia will account for 8% of marine fuel demand in 2030, rising to 46% by 2050, indicating that demand for ammonia-powered vessels is expected to grow significantly.
"It is very meaningful for us to have built the world's first ammonia-powered vessel, which requires advanced technical expertise. We will continue to strengthen our leadership in the global eco-friendly ship market through ongoing technological innovation," said Joo Won-ho, head of HHI's Naval & Special Ship Business Unit.
HHI has secured orders for a total of eight ammonia-powered vessels from companies including Exmar and Trafigura. The company has also led the next-generation eco-friendly fuel ship market, having delivered the world's first methanol-powered petrochemical product carrier in 2016 and the world's first methanol-powered container ship in 2023.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
HD Hyundai Heavy Industries Builds World's First Ammonia-Powered Vessel
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SINGAPORE, April 9, 2026 /PRNewswire/ -- Agoda Services Co. Ltd welcomed employees to its new home at One Bangkok this month, marking a significant milestone in the company's continued investment in Thailand as a global technology hub. Spanning more than 26,000 square meters over seven floors, the new office brings nearly 4,000 Thailand-based employees under one roof - designed to foster greater collaboration, innovation, and connection across teams.
Maintaining a strong presence in the heart of Bangkok, while bringing teams together in a state-of-the-art, purpose-built hub, was a key driver behind the move to One Bangkok. The new office reflects Agoda's long-term commitment to the region and supports ongoing business activities, from tech and innovation to strengthening regional business functions that support a network of over 6 million properties and hundreds of thousands of flight routes and experiences.
The campus-style office is designed around how Agoda's teams work. The space features purpose-built rooms that support the operation of a global technology platform, including a dedicated Network Operations Center (NOC) Zone for systems monitoring, connected collaboration rooms designed to enable fast, coordinated response, and a professional studio and audio room for content production. One Bangkok's built-to-suit arrangement allowed Agoda to tailor the environment to its requirements, with a focus on tech, collaboration, and employee well-being.
Omri Morgenshtern, CEO at Agoda, shared: "We're excited to open this new space at One Bangkok designed to support how our teams innovate, collaborate and grow. The state-of-the-art facilities reflect our investment in creating an environment where people can do their best work and continue building world-class tech that delivers exceptional travel experiences."
One Bangkok, the real estate development project under the Frasers Property group, together with Frasers Property (Thailand) Public Company Limited, is a holistically integrated district located at the corner of Wireless and Rama 4 Roads in Bangkok. The development holds LEED Platinum certification for Neighborhood Development and WiredScore and SmartScore certifications for digital connectivity and smart building technology, with direct access to Bangkok's mass transit systems.
Agoda Services' move to One Bangkok supports the continued growth of the digital travel platform that offers over 6 million holiday properties, more than 130,000 flight routes, and over 300,000 activities. Discover the best deals on Agoda's mobile app or visit Agoda.com.
SINGAPORE, April 9, 2026 /PRNewswire/ -- Agoda Services Co. Ltd welcomed employees to its new home at One Bangkok this month, marking a significant milestone in the company's continued investment in Thailand as a global technology hub. Spanning more than 26,000 square meters over seven floors, the new office brings nearly 4,000 Thailand-based employees under one roof - designed to foster greater collaboration, innovation, and connection across teams.
Maintaining a strong presence in the heart of Bangkok, while bringing teams together in a state-of-the-art, purpose-built hub, was a key driver behind the move to One Bangkok. The new office reflects Agoda's long-term commitment to the region and supports ongoing business activities, from tech and innovation to strengthening regional business functions that support a network of over 6 million properties and hundreds of thousands of flight routes and experiences.
The campus-style office is designed around how Agoda's teams work. The space features purpose-built rooms that support the operation of a global technology platform, including a dedicated Network Operations Center (NOC) Zone for systems monitoring, connected collaboration rooms designed to enable fast, coordinated response, and a professional studio and audio room for content production. One Bangkok's built-to-suit arrangement allowed Agoda to tailor the environment to its requirements, with a focus on tech, collaboration, and employee well-being.
Omri Morgenshtern, CEO at Agoda, shared: "We're excited to open this new space at One Bangkok designed to support how our teams innovate, collaborate and grow. The state-of-the-art facilities reflect our investment in creating an environment where people can do their best work and continue building world-class tech that delivers exceptional travel experiences."
One Bangkok, the real estate development project under the Frasers Property group, together with Frasers Property (Thailand) Public Company Limited, is a holistically integrated district located at the corner of Wireless and Rama 4 Roads in Bangkok. The development holds LEED Platinum certification for Neighborhood Development and WiredScore and SmartScore certifications for digital connectivity and smart building technology, with direct access to Bangkok's mass transit systems.
Agoda Services' move to One Bangkok supports the continued growth of the digital travel platform that offers over 6 million holiday properties, more than 130,000 flight routes, and over 300,000 activities. Discover the best deals on Agoda's mobile app or visit Agoda.com.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Agoda Opens New Office at One Bangkok, Enhancing Its Technology Hub in Thailand
Agoda Opens New Office at One Bangkok, Enhancing Its Technology Hub in Thailand
