CB&I And Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) Sign Mou
10.20.2022 By Ella Keskin - NEWS

October 20, 2022 [Tank Store Mag] –  CB&I, McDermott’s storage business line, and Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) have signed a memorandum of understanding (MoU) for a feasibility study of a large liquid hydrogen (LH2) carrier including an LH2 storage tank design.

 

The ability to ship large quantities of hydrogen across the ocean is an increasing need to help countries, like South Korea, achieve carbon reduction goals in a hydrogen economy. CB&I and DSME bring unique expertise to the study. CB&I will evaluate its LH2 storage tank design for ocean-going ships and DSME will investigate and develop the ship’s general design to install the LH2 storage tank. The output of the feasibility study is expected to contribute to the future design of a large-scale LH2 carrier.

“The development of LH2 storage for ocean-bound vessels is essential to South Korea’s focus on a carbon-neutral environment,” said Cesar Canals, Senior Vice President of CB&I. “Our expertise in designing and building field-erected pressure spheres for LH2 storage is a perfect combination with DSME’s technical excellence.”

CB&I spheres can store LH2 at temperatures of minus 423 degrees Fahrenheit, and the company is nearing completion of the world’s largest LH2 sphere in Cape Canaveral, Fla., USA. Their history in this field spans more than 60 years.

 


Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

TotalEnergies Sells 50% Stake in German Battery Storage Projects to Allianz GI
03.03.2026 - NEWS
March 03, 2026 [Reuters]- French oil major TotalEnergies has ​sold a 50% stake in 11 battery pr... Read More
South Australia to Host HAMR Energy’s First-of-its Kind Methanol-to-Jet Fuel Facility
03.03.2026 - NEWS
March 03, 2026 [HAMR Energy]- Leading low carbon liquid fuels (LCLF) company HAMR Energy has toda... Read More
DOE Approves Export Expansion at Corpus Christi LNG
03.03.2026 - NEWS
March 03, 2026 [Hydrocarbon Engineering]- US Secretary of Energy, Chris Wright, has signed an exp... Read More
SK Innovation Explores Sale of Controlling Stake in Korea Pipeline Corp.
03.03.2026 - NEWS
March 03, 2026 [Pipeline Technology Journal]- SK Innovation is reportedly seeking to divest its c... Read More