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27 September 2020 The on-line newspaper devoted to the world of transports 10:23 GMT+2



September 3, 2020

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Framework agreement between Hyundai Glovis and Wilhelmsen

They will, among other things, contribute to the possibility of introduce the use of alternative naval fuels, including hydrogen liquefied

South Korean maritime group Hyundai Glovis and Norwegian Wilhelmsen, both active in the shipping car, they signed an agreement through which -- they explained - the two companies will work together to explore opportunities both short-term and long-term, including those offered by the market maritime gas transport, a sector in which Wilhelmsen operates over 25 years, which will be evaluated along with the possibility to introduce the use of alternative naval fuels such as hydrogen liquefied.

Norway's Wilhelmsen is a shareholder in Hyundai Glovis Through Wallenius Wilhelmsen, of which it owns 37.8% of the holding 12.0% of the company's capital South Korea.

"We have always been interested," he said Wilhelmsen's CHIEF executive, Thomas Wilhelmsen - exploit the potential synergies between the two companies, but it is our common focus on hydrogen development as a fuel for the future that acted as a real catalyst. This Framework Agreement is only the beginning, with the start of a in-depth discussion that unlocked a number of areas where we can share skills."

PSA Genova Pra'
Autorità di Sistema Portuale Mar Ligure Orientale



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