Hanwha Power Systems and Hanwha Ocean have entered into a Joint Development and Collaboration Agreement with Baker Hughes to work on designing and producing low carbon ammonia gas turbines for ships. This collaboration was formalized during the Baker Hughes Annual Meeting 2025 held in Florence, Italy. The goal of this partnership is to achieve completely carbon-free ship operations, with plans to develop ammonia gas turbines for large ships by 2028. The technology will allow for 100% ammonia combustion and dual fuel operation, enabling a shift towards carbon-free propulsion. Hanwha Group's vision for a fossil fuel-free ship was declared at the Davos Forum, and this initiative is a step towards realizing that vision. The collaboration between Hanwha and Baker Hughes will leverage Baker Hughes' proven turbine technology and PSM's newly-developed ammonia combustion system. The ammonia gas turbines will be a game-changing solution for large ship owners, offering a carbon-free mode of propulsion. The development has already seen successful tests, with Hanwha obtaining approval in principle from the American Bureau of Shipping to apply ammonia gas turbines to LNG carriers. Through this agreement, Hanwha aims to pioneer the development of the world's first completely carbon-free ship. Executive Director Kim Hyeong-seok emphasized the importance of transitioning to lower carbon fuels for ships and reaffirmed Hanwha's commitment to developing innovative technologies for eco-friendly ships. Vice President Son Young-chang highlighted the significance of the collaboration in driving the global shipbuilding and shipping industry towards eco-friendly fuel propulsion. The joint efforts of Hanwha, Baker Hughes, and PSM are poised to accelerate the adoption of carbon-free propulsion in the marine transportation sector, setting a new standard for sustainable ship operations.