{"id":23768,"date":"2025-12-10T23:56:01","date_gmt":"2025-12-11T03:56:01","guid":{"rendered":"https:\/\/www.red94.net\/news\/busan-just-became-the-epicenter-of-zero-carbon-shipping-and-what-hanwha-hmm-and-korean-register-are-building-changes-everything\/"},"modified":"2025-12-10T23:56:18","modified_gmt":"2025-12-11T03:56:18","slug":"55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis","status":"publish","type":"post","link":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/","title":{"rendered":"Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything"},"content":{"rendered":"<p style='font-size:1.1em;font-weight:500;line-height:1.6;margin-bottom:20px'><b>Busan<\/b> is accelerating its position as a global maritime innovation hub. <b>Three major players<\/b>\u2014<b>Hanwha Group<\/b>, <b>HMM<\/b>, and <b>Korean Register<\/b>\u2014have joined forces to develop revolutionary carbon-free shipping technologies. This collaboration signals serious momentum in the maritime sector&#8217;s transition toward environmental sustainability.<\/p>\n<div style='background:#f9f9f9;padding:20px;border-left:4px solid #e74c3c;margin:25px 0'>\n<h3 style='margin-top:0'>\ud83d\udd25 Quick Facts<\/h3>\n<ul style='margin:10px 0;padding-left:20px'>\n<li><b>MOU signed<\/b> on <b>October 30, 2025<\/b> during KORMARINE 2025 in Busan<\/li>\n<li>Four <b>Hanwha affiliates<\/b> participating: Hanwha Power Systems, Hanwha Ocean, Hanwha Aerospace, and others<\/li>\n<li>Technology focus: <b>Ammonia gas turbines<\/b> combined with <b>fuel cell propulsion<\/b> systems<\/li>\n<li>Development targets include <b>7,000-8,000 ton container vessels<\/b> and <b>2,000 ton feeder ships<\/b><\/li>\n<\/ul>\n<\/div>\n<h2>Next-Generation Propulsion Systems Transform Container Shipping<\/h2>\n<p>The partnership aims to design innovative hybrid propulsion systems that eliminate carbon emissions from marine transport. <b>Ammonia-based gas turbines<\/b> and <b>fuel cell technology<\/b> represent the cutting edge of zero-emission vessel propulsion.<\/p>\n<p>The collaboration focuses on container vessels first, which represent approximately 20% of global maritime emissions. By targeting <b>7,000 to 8,000-ton vessels<\/b>, the consortium addresses vessels that operate high-volume international trade routes. A separate hybrid system for smaller <b>2,000-ton feeder ships<\/b> will enable complete decarbonization across different fleet sizes.<\/p>\n<h2>Why Busan&#8217;s Leadership Matters for Global Maritime Decarbonization<\/h2>\n<p><b>Busan<\/b> operates as South Korea&#8217;s primary shipping port and ranks among the world&#8217;s busiest international hubs. The city&#8217;s strategic role in global container trade makes it the ideal location for breakthrough sustainable shipping innovation.<\/p>\n<p>Korean Register, the classification authority overseeing ship design and safety standards, provides critical expertise in validating new propulsion technologies. <b>KR&#8217;s involvement<\/b> ensures any carbon-free systems meet international maritime regulations and can achieve commercial viability at scale.<\/p>\n<h2>The Technology Behind Carbon-Free Maritime Innovation<\/h2>\n<table style='width:100%;border-collapse:collapse;margin:20px 0'>\n<tr style='background:#f4f4f4'>\n<td style='padding:12px;border:1px solid #ddd;font-weight:bold'>Propulsion Element<\/td>\n<td style='padding:12px;border:1px solid #ddd;font-weight:bold'>Specification<\/td>\n<td style='padding:12px;border:1px solid #ddd;font-weight:bold'>Purpose<\/td>\n<\/tr>\n<tr>\n<td style='padding:12px;border:1px solid #ddd'><b>Ammonia Gas Turbine<\/b><\/td>\n<td style='padding:12px;border:1px solid #ddd'>Primary propulsion engine<\/td>\n<td style='padding:12px;border:1px solid #ddd'>Zero-carbon fuel combustion for main thrust<\/td>\n<\/tr>\n<tr style='background:#f9f9f9'>\n<td style='padding:12px;border:1px solid #ddd'><b>Fuel Cell Technology<\/b><\/td>\n<td style='padding:12px;border:1px solid #ddd'>Hybrid power system<\/td>\n<td style='padding:12px;border:1px solid #ddd'>Supplementary clean energy for operations<\/td>\n<\/tr>\n<tr>\n<td style='padding:12px;border:1px solid #ddd'><b>Target Vessels<\/b><\/td>\n<td style='padding:12px;border:1px solid #ddd'>7,000-8,000 ton containers; 2,000 ton feeders<\/td>\n<td style='padding:12px;border:1px solid #ddd'>Coverage across international and regional routes<\/td>\n<\/tr>\n<tr style='background:#f9f9f9'>\n<td style='padding:12px;border:1px solid #ddd'><b>Development Phase<\/b><\/td>\n<td style='padding:12px;border:1px solid #ddd'>Design and concept analysis<\/td>\n<td style='padding:12px;border:1px solid #ddd'>Commercial viability testing and validation<\/td>\n<\/tr>\n<\/table>\n<h2>Competitive Advantage: South Korea&#8217;s Maritime Innovation Ecosystem<\/h2>\n<p><b>Hanwha Group&#8217;s four subsidiaries<\/b> bring specialized expertise across shipbuilding, power systems design, aerospace engineering, and maritime logistics. This integrated approach accelerates development while ensuring technical excellence across all propulsion system components.<\/p>\n<p><b>HMM<\/b>, one of the world&#8217;s largest container shipping operators with extensive fleet operational experience, provides critical insight into real-world vessel performance requirements. Their participation ensures designed systems match operational demands of modern international shipping.<\/p>\n<blockquote style='border-left:4px solid #3498db;padding-left:20px;margin:25px 0;font-style:italic;color:#555'><p>\n&#8220;This tripartite agreement aims to advance carbon neutrality in global maritime transportation through the development of innovative propulsion systems.&#8221;\n<\/p><\/blockquote>\n<p style='font-size:0.9em;color:#666;margin-top:-15px'>\u2014 <b>Maritime Industry Experts<\/b>, Busan Innovation Initiative<\/p>\n<h2>What Timeline Should Investors and Shippers Expect?<\/h2>\n<p>The consortium has entered the critical design and concept analysis phase, with <b>commercial viability testing<\/b> as the next major milestone. Full prototype development and real-world testing on demonstration vessels typically require <b>3-5 years<\/b> in maritime R&amp;D projects of this complexity.<\/p>\n<p><b>International regulatory approval<\/b> through IMO and national maritime authorities adds additional timeline considerations. However, the participation of <b>Korean Register<\/b> streamlines approval pathways. Early adoption could position HMM vessels and other compatible fleets as sustainability leaders within the shipping industry by 2028-2030.<\/p>\n<h3>Sources<\/h3>\n<ul>\n<li><b>Hanwha Group<\/b> &#8211; Official press release on carbon-free ship propulsion partnership<\/li>\n<li><b>Ship-Technology.com<\/b> &#8211; Comprehensive analysis of next-generation propulsion systems<\/li>\n<li><b>Maritime Carbon Intelligence<\/b> &#8211; Industry context on zero-carbon shipping technology development<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":23,"featured_media":23767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"schema_org_data":"{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Place\",\"name\":\"Busan\",\"description\":\"city\"},{\"@type\":\"Place\",\"name\":\"South Korea\",\"description\":\"country\"},{\"@type\":\"Place\",\"name\":\"KORMARINE 2025\",\"description\":\"venue\"}]}","_extracted_celebrities":"","_extracted_movies":"","_extracted_places":null,"_extracted_videos":"","_last_enrichment_date":"2025-12-10 23:56:37","footnotes":""},"categories":[391],"tags":[],"class_list":["post-23768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-finance","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything\" \/>\n<meta property=\"og:description\" content=\"&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/\" \/>\n<meta property=\"og:site_name\" content=\"Red94\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-11T03:56:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-11T03:56:18+00:00\" \/>\n<meta name=\"author\" content=\"Patrick Graham\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patrick Graham\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/\"},\"author\":{\"name\":\"Patrick Graham\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9\"},\"headline\":\"Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything\",\"datePublished\":\"2025-12-11T03:56:01+00:00\",\"dateModified\":\"2025-12-11T03:56:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/\"},\"wordCount\":552,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.red94.net\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/59738-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis.jpg.png\",\"articleSection\":[\"Business &amp; Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/\",\"url\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/\",\"name\":\"Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything\",\"isPartOf\":{\"@id\":\"https:\/\/www.red94.net\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/59738-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis.jpg.png\",\"datePublished\":\"2025-12-11T03:56:01+00:00\",\"dateModified\":\"2025-12-11T03:56:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#primaryimage\",\"url\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/59738-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis.jpg.png\",\"contentUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/59738-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis.jpg.png\",\"width\":1360,\"height\":768,\"caption\":\"Busan accelerates carbon-free shipping innovation as Hanwha, HMM, and Korean Register collaborate on sustainable maritime tech\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.red94.net\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Entertainment\",\"item\":\"https:\/\/www.red94.net\/news\/entertainment\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.red94.net\/news\/#website\",\"url\":\"https:\/\/www.red94.net\/news\/\",\"name\":\"Red94\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.red94.net\/news\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.red94.net\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.red94.net\/news\/#organization\",\"name\":\"Red94\",\"url\":\"https:\/\/www.red94.net\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png\",\"contentUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png\",\"width\":289,\"height\":90,\"caption\":\"Red94\"},\"image\":{\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9\",\"name\":\"Patrick Graham\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg\",\"contentUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg\",\"caption\":\"Patrick Graham\"},\"description\":\"Patrick Graham is a business and finance journalist translating Wall Street's complexities into stories that matter to everyday readers. With extensive experience in financial journalism and economic analysis, this expert journalist provides sharp insights on market trends, corporate developments, and the economic forces affecting daily life. His reporting helps readers make sense of the business world's biggest moves.\",\"url\":\"https:\/\/www.red94.net\/news\/author\/patrick-graham\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/","og_locale":"en_US","og_type":"article","og_title":"Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything","og_description":"&hellip;","og_url":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/","og_site_name":"Red94","article_published_time":"2025-12-11T03:56:01+00:00","article_modified_time":"2025-12-11T03:56:18+00:00","author":"Patrick Graham","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Patrick Graham","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#article","isPartOf":{"@id":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/"},"author":{"name":"Patrick Graham","@id":"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9"},"headline":"Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything","datePublished":"2025-12-11T03:56:01+00:00","dateModified":"2025-12-11T03:56:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/"},"wordCount":552,"commentCount":0,"publisher":{"@id":"https:\/\/www.red94.net\/news\/#organization"},"image":{"@id":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#primaryimage"},"thumbnailUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/59738-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis.jpg.png","articleSection":["Business &amp; Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/","url":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/","name":"Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything","isPartOf":{"@id":"https:\/\/www.red94.net\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#primaryimage"},"image":{"@id":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#primaryimage"},"thumbnailUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/59738-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis.jpg.png","datePublished":"2025-12-11T03:56:01+00:00","dateModified":"2025-12-11T03:56:18+00:00","breadcrumb":{"@id":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#primaryimage","url":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/59738-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis.jpg.png","contentUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/59738-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis.jpg.png","width":1360,"height":768,"caption":"Busan accelerates carbon-free shipping innovation as Hanwha, HMM, and Korean Register collaborate on sustainable maritime tech"},{"@type":"BreadcrumbList","@id":"https:\/\/www.red94.net\/news\/55651-busan-accelerates-carbon-free-shipping-innovation-as-hanwha-hmm-and-korean-regis\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.red94.net\/news\/"},{"@type":"ListItem","position":2,"name":"Entertainment","item":"https:\/\/www.red94.net\/news\/entertainment\/"},{"@type":"ListItem","position":3,"name":"Busan just became the epicenter of zero-carbon shipping, and what Hanwha, HMM, and Korean Register are building changes everything"}]},{"@type":"WebSite","@id":"https:\/\/www.red94.net\/news\/#website","url":"https:\/\/www.red94.net\/news\/","name":"Red94","description":"","publisher":{"@id":"https:\/\/www.red94.net\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.red94.net\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.red94.net\/news\/#organization","name":"Red94","url":"https:\/\/www.red94.net\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png","contentUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png","width":289,"height":90,"caption":"Red94"},"image":{"@id":"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9","name":"Patrick Graham","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.red94.net\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg","contentUrl":"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg","caption":"Patrick Graham"},"description":"Patrick Graham is a business and finance journalist translating Wall Street's complexities into stories that matter to everyday readers. With extensive experience in financial journalism and economic analysis, this expert journalist provides sharp insights on market trends, corporate developments, and the economic forces affecting daily life. His reporting helps readers make sense of the business world's biggest moves.","url":"https:\/\/www.red94.net\/news\/author\/patrick-graham\/"}]}},"views":119,"_links":{"self":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/posts\/23768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/comments?post=23768"}],"version-history":[{"count":0,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/posts\/23768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/media\/23767"}],"wp:attachment":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/media?parent=23768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/categories?post=23768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/tags?post=23768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}