DNV has granted an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for their electric propulsion liquid hydrogen (LH₂) carrier design concept. This AiP will be awarded at Gastech in Houston and enables the storage and transport of 80,000 cubic metres of LH₂. The collaboration involving industry leaders such as Woodside Energy, Hyundai Glovis, and MOL is focused on developing a comprehensive maritime transportation value chain for large-scale liquid hydrogen. The vessel is equipped with advanced liquid hydrogen tanks and an electric propulsion system for flexible fuel use, aiming for operational efficiency and commercial flexibility. DNV's approval verifies compliance with safety, environmental, and technical standards, with detailed Hazard Identification and Environmental Impact studies conducted to mitigate risks. The key stakeholders involved, including HD KSOE, Woodside Energy, Hyundai Glovis, and MOL, express optimism and commitment towards driving progress in developing cost-effective and sustainable LH₂ shipping supply chains. The project aims to contribute to the establishment of a global hydrogen economy by enabling safer and more efficient long-distance transport of LH₂.