HD Korea Shipbuilding & Offshore Engineering (HD KSOE), a part of Hyundai conglomerate, has achieved Approval in Principle (AIP) from ABS for their innovative hydrogen tank design. This advancement is a significant milestone in facilitating large-scale transport and storage of liquid hydrogen. The new vacuum insulation system can maintain extremely low temperatures while reducing vacuum creation time in large tanks, ensuring safer and more efficient transportation of substantial liquid hydrogen quantities. The ABS Senior Vice President highlighted hydrogen's pivotal role in decarbonization and emphasized the necessity for advanced systems to support its storage and transport as demand increases. Major industry players like Woodside Energy, MOL, and Hyundai Glovis are actively involved in an ambitious liquid hydrogen carrier project, underlining the industry's interest and momentum in this technology. The collaboration aims to develop an 80,000 cbm liquid hydrogen carrier, pushing the boundaries of hydrogen transportation. HD KSOE's Vice President reiterated the company's commitment to promoting energy shipping solutions, including hydrogen, LNG, LPG, Ammonia, and CO2, to achieve net-zero goals through innovative technologies and global partnerships.