Ulsan Port Teams Up with DNV Korea’s Decarbonization Network

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ulsan port joins dnv

Ulsan Port, a pivotal maritime hub for Asia, has taken a significant stride towards sustainable shipping practices by becoming a part of DNV Korea’s Decarbonization Network. This move underscores the port’s dedication to environmentally conscious operations and collaboration within the maritime industry’s decarbonization efforts.

The Decarbonization Network, orchestrated by DNV Korea, serves as a unifying platform for technical executives and managers across various sectors of Korea’s maritime industry. Comprising two distinct groups, the network brings together major Korean yards as well as a diverse array of participants including ship owners, managers, charterers, banks, and research institutions.

Ulsan Port Authority, recognized as one of the world’s premier tank terminal clusters, has positioned itself as a dual member of both groups within the network. This decision reflects the port’s firm commitment to sustainable maritime practices and its eagerness to engage in collaborative initiatives aimed at reducing carbon emissions.

In a recent endeavor to explore eco-friendly fuel supply chains, members of the Decarbonization Network visited Jeongil Stolthaven, the largest tank terminal in Ulsan. The tour offered insights into major storage facilities and fuel handling processes, particularly focusing on alternative fuels such as methanol and biofuels.

Speaking on behalf of Ulsan Port Authority, Soon-yo Jeong, Vice President, emphasized, “Joining DNV Korea’s Decarbonization Network signifies our steadfast dedication to environmental stewardship and sustainable shipping. Through this partnership with industry leaders, we aim to lead the charge in establishing a global green ship fuel and supply chain.”

Vidar Dolonen, DNV Regional Manager for Korea & Japan, extended a warm welcome to Ulsan Port, acknowledging their expertise and commitment to sustainability as invaluable assets to the network’s collective mission of driving positive change within the industry.

Ulsan Port has distinguished itself as a trailblazer in the global maritime landscape through groundbreaking initiatives like the world’s first green methanol bunkering system. Notable achievements include the successful supply of 1,000 tons of green methanol to 2,100 TEU-class container ships commissioned by the AP Moller Maersk group at Hyundai Mipo Dockyard. Furthermore, the port facilitated the seamless provision of methanol to 16,200 TEU-class large container ships constructed by Hyundai Heavy Industry for the same owner in February 2024.

methanol bunkering ulsan port

Since its establishment in 2022, the DNV Decarbonization Network has aimed to support designated decarbonization leaders in navigating emerging challenges and sharing industry insights. Through regular meetings and collaborations, members foster connections with industry experts, enabling them to navigate technical and regulatory hurdles while monitoring solutions and opportunities for sustainable advancement.

Source DNV