HD Hyundai Heavy Industries

SHANGHAI – November 03, 2026 -- Envision has supplied certified green ammonia to bunker the Terra Clove, the world's first Very Large Ammonia Carrier (VLAC) with dual-fuel ammonia propulsion, from a plant that currently produces 320,000 tons a year.

The vessel is owned by Eastern Pacific Shipping (EPS) and was built by HD Hyundai Heavy Industries. It was recently named at a ceremony in South Korea.

Envision links production, shipping and marine fuel use for the second time in 2026

The bunkering follows Envision's first commercial green ammonia shipment in February 2026, delivered from Chifeng to LOTTE Fine Chemical at Ulsan Port, South Korea. Envision describes that delivery as the first end-to-end commercial chain from renewable hydrogen synthesis to international maritime logistics. The Terra Clove supply extends the chain to downstream marine fuel application.

Seoul, South Korea – September 16, 2026 -- HD Hyundai Heavy Industries will invest a combined KRW 1.0722 trillion to build a new land-based power generation engine plant and a dedicated small modular reactor (SMR) equipment facility, both in Ulsan, as it races to capture surging power demand from AI data centers.

New 3 GW engine facility targets 2028 startup in Ulsan

The company will spend KRW 833.6 billion on a 215,000-square-meter production complex in Onsan-eup, Ulju-gun, Ulsan, dedicated to HiMSEN engines for land-based power generation. The site will include engine assembly and testing, crankshaft machining, and engine block casting operations. Construction starts in the first quarter of next year, with completion targeted for May 2028 and full-scale operations to follow.