Chapter 1002: A Different Way!

Now Honghu Shipbuilding Group Co., Ltd. has become an absolutely strong presence in hydrogen fuel carriers, and everyone knows that the market size of hydrogen fuel is getting bigger and bigger, and the market size will definitely not be smaller than the scale of oil and gas in the future.

This field has been mastered by a company from Rabbit China to master the core technology, and it will be inseparable from this company in the next few decades.

This makes the Fincantieri group of companies how not to be in a hurry!

The Gaza Transport Technology Company is making money lying down, and a situation where it is decades at a time is impossible to achieve with hydrogen-fueled carriers.

Honghu Shipbuilding Group Co., Ltd. delivered two hydrogen fuel carriers with experimental properties to Huayuan Group in the past few years, and the loading capacity at the beginning was not very large, with a displacement of about 40,000 tons, and the operation in recent years has also performed very well.

Honghu Shipbuilding Group is now building larger and larger hydrogen fuel carriers, with a displacement of 100,000 tons, and is now designing larger hydrogen fuel carriers.

What's even more amazing is that all the ships built by Honghu Shipbuilding Group have abandoned the previous traditional power system, and all use fuel cells and motor power systems, and the power system is also the world's most advanced technology.

Huaxing Group is the most aware of the characteristics of hydrogen fuel, and naturally has developed a set of liquid cargo enclosure systems that are completely different from LNG ships, and has mastered a large number of patented technologies for material technology and subsystem equipment.

The previous LNG ship cargo containment system was mainly divided into three types, one was the two sets of technologies mastered by the Gaza Transportation Technology Company, and the other was the spherical tank type cargo tank technology mastered by the Norwegian Kwana Group Company.

Among them, the shipyards of Rabbit and South Korea mainly use the patented technology of the Gaza Transport Technology Company, while the Neon State shipyard has been using spherical tank tank technology.

Of course, Neon Country and South Korea have also developed their own different liquid cargo containment systems, but there are not many LNG carriers developed by these containment systems that are currently in operation, which face the disadvantages of high construction costs, high operating costs, and high center of gravity of the hull itself, and its reliability has not been sufficiently verified.

The worst of all is South Korea's self-developed cargo containment system, which was even worse, although the domestic shipping company ordered two LNG ships to use this containment system, and the liquid cargo containment system froze during the first operation.

Honghu Shipbuilding Group Co., Ltd. has technical support from all aspects of Huaxing Group Co., Ltd., and the Ship Design and Research Institute has also absorbed a group of experienced R&D engineers in LNG ships, and has developed a set of hydrogen fuel liquid cargo tank technology a few years ago.

In fact, Huaxing Group has more than ten years of research and development in hydrogen fuel container technology, and has long been very mature, through various simulation tests and a large number of mathematicians to establish mathematical model calculations, designed a set of prismatic cargo tank enclosure system.

This kind of cargo tank shape design has a high degree of freedom, small space waste, firm structure, high reliability, no load sloshing at any liquid level, and low evaporation rate.

The hydrogen-fueled carriers delivered by Honghu Shipbuilding Group to several companies such as Huayuan Group and CNOOC have shown very stable and reliable performance in several years of operation.

Moreover, many of the subsystems are designed and manufactured by Huaxing Group itself, such as insulation layer and insulation layer materials are made of mature materials of Huaxing Group, and various hydraulic pumps, air compressors, air separators, nitrogen generators, inert gas evaporators and other equipment are provided by various subsidiaries of Huaxing Group.

These technology patents are in the hands of Huaxing Group of Companies, and the number of technology patents in this area is greater than that of Gaza Transport Technology Company.

In fact, another important reason why Gaza transportation technology companies can occupy such a large market share is that the upstream and downstream of the entire LNG industry are players from Western countries, such as oil and gas companies such as Shell and Total, shipping companies such as Maersk and CMA CGM, and classification societies such as DNV.

When both upstream and downstream companies are European and American companies, Gaza Transport Technology, as a French company, is naturally more likely to be recognized for its technology.

The liquid cargo containment system developed by Neon Country and South Korea is the first to be used by domestic shipping companies, and it is also a last resort.

Several domestic shipping companies have digested the patented technology of Gaza Transportation Technology Company, and successfully made the liquid cargo tank, which has entered the first echelon, and the Jinshan Oriental Shipbuilding Group Company is also developing LNG liquid cargo enclosure system with independent intellectual property rights, many of which are also using the subsystem equipment of Huaxing Group Company.

Of course, many classification societies have also passed the quality acceptance of these subsystem equipment.

Honghu Shipbuilding Group has bypassed the patent barriers of Gaza Transport Technology Company in terms of technology patents for hydrogen fuel carriers, and China has become the largest exporter of hydrogen fuel, and it is this market that has created the current situation.

Although Gaza Transport Technologies' technical solutions are still firmly established in the field of LNG carriers, there is a gap in the field of hydrogen-fueled carriers.

In addition, Honghu Shipbuilding Group is also developing an LNG cargo containment system that wants to bypass the patented technology of Gaza Transportation Technology Company on the basis of this technology, and this year, while acquiring the Ishikawa Island Construction Machinery business, it also spent hundreds of millions of dollars to buy back the LNG liquid cargo enclosure system technology patent previously developed by Ishikawajima Harima Heavy Industries.

Ishikawajima Harima Heavy Industries has only built two ships of its own liquid cargo enclosure system technology, but the company's own strength is not enough, and it does not have the economic strength of Mitsubishi Group Corporation, and the domestic LNG is based on the spherical tank liquid cargo tank enclosure system technology developed by Mitsubishi Group Corporation, so this set of technology patents cannot be promoted.

After Huaxing Group bought back this set of technology, Honghu Shipbuilding Group Company immediately digested, absorbed and improved on the basis of this technology, and has now begun to build experimental large-scale LNG ships.

The market size of LNG ships will still have a large market in the next few decades, after all, hydrogen fuel will not completely replace natural gas, natural gas is still clean energy compared to oil, and hydrogen fuel will coexist in the future.

For LNG vessel technology, Honghu Shipbuilding Group is also developed as an important project.

But Yang Jie is not interested in paying tens of millions of dollars in royalties to Gaza Transport Technology for each ship, and all the subsystems on the ships are designed and developed by himself, in order to maximize the profits of building these ships.

Moreover, Huaxing Group has also set up a shipping company, and several companies that are close to Huaxing Group, such as CNOOC, have said that they will purchase new LNG ships from Honghu Shipbuilding Group.

Yang Jie is not worried about the sales of LNG ships designed and built by himself, as long as the technical performance of the products is good enough and the price is reasonable, it is not a big problem to wait until these built ships are very stable and reliable in operation, and get more orders.