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HD Hyundai launches world's first mega methanol-fueled container

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✍️ Author: Sang Hoon Sung

🏢 Organizations: HD Hyundai, Maersk

South Korean shipbuilding giant HD Hyundai Co. marked a major milestone in the maritime industry on January 28, christening the world’s first mega methanol-fueled container ship at its Ulsan shipyard. The Ane Maersk, named after Ane Mærsk Mc-Kinney Uggla, the chairman of AP Moller Holdings and mother of Robert Mærsk Uggla, holds the distinction of being the first such vessel with a capacity exceeding 10,000 twenty-foot equivalent units (TEUs).

Read more at Korea Economic Daily

CNH and HD Hyundai announce joint innovation program for the construction sector at CES

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🔖 Topics: Partnership

🏢 Organizations: CNH Industrial, HD Hyundai

The CE Innovation Lab will be dedicated to exploring innovation opportunities in the construction sector. The team, comprised of both CNH and HDX construction specialists, will study emerging technology trends, map new and evolving customer needs and identify prospects for portfolio enhancements and further growth. Their work together will advance the development and widespread adoption of new technologies, such as automation and Artificial Intelligence.

Further to this, the parties will mutually benefit from each other’s distinctive technological capabilities. HDX will supply CNH with their patented AAVM+ (Advanced Around View Monitoring Plus) 360-degree camera and radar system delivering enhanced safety. CNH will supply HDX with Global Navigation Satellite System technologies through its Hemisphere brand.

Read more at CNH Industrial Media

Estonian startup Elcogen receives €45M strategic investment from HD Hyundai

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🔖 Topics: Funding Event

🏢 Organizations: Elcogen, HD Hyundai

Estonian green hydrogen startup Elcogen has received €45 million as part of the strategic investment carried out by South Korean HD Hyundai Group. The deal will further deepen the collaboration on emission-free power generation systems as well as green hydrogen production, Invest in Estonian informs.

Read more at IT Arena