Samsung Heavy Industries (SHI) has received a general design approval from ABS for its detailed design of a 20,000 cu m liquefied hydrogen carrier, featuring Type C tanks. This development is part of various hydrogen carrier designs in progress in South Korea. SHI aims to move towards commercialization of liquefied hydrogen carriers after mock-up verification. The International Chamber of Shipping (ICS) recently released a report outlining the global hydrogen demand up to 2050, with South Korea, Japan, and Europe emerging as initial markets for hydrogen. The report forecasts the necessity of up to 411 new hydrogen vessels to meet the projected 30m tonnes of annual global green hydrogen demand. It also underscores the shipping industry's pivotal role in facilitating the hydrogen economy's growth. The report's findings indicate that to maintain a net-zero scenario by 2050, the demand for hydrogen-based fuel sources must increase fivefold from current levels, reaching around 500m tonnes between 2030 and 2050. The variability in potential demand is noted, with industry expected to be a significant driver of hydrogen demand. Amidst these advancements, the Suiso Frontier stands as the sole operational liquid hydrogen carrier, with the industry focusing on enhancing capacity for hydrogen transportation at ultra-low temperatures. Overall, South Korea's progress in developing liquefied hydrogen carriers signifies a positive step towards meeting global hydrogen demands and fostering sustainability in the maritime sector.