Pukyong National University

Pukyong National University’s opening field of LNG bunkering system industry for small ships is recieving attention from public
-Started to establish an industry-university-research joint center in Dragon Valley… Appointed as a partner for the Busan New Deal Project.

△ A view of Yongdang Campus (Dragon Valley) of Pukyong National University.

Pukyong National University is attracting public attention by developing the industry in the field of clean fuel maritime transportation systems such as LNG bunkering systems for small ships.

Pukyong National University’s Linc Plus (LINC+) Business Team (Seo Yong-cheol, leader) has announced on the 13, October that the University has set out to establish a ’Global LNG/hydrogen fuel bunkering industry-univerisity-research joint center’.

It is an organization that a center promotes related technology development and manpower development in cooperation with industry-university-research institutes to lead the development of the land and sea mobility-related industries based on clean fuels such as liquefied natural gas (LNG) and hydrogen fuel, which are attracting attention as growth engines for our future.

The goal of this center is to build the construction of small LNG bunkering ships and develop related systems and set up industries around the Busan area to overcome the situation in which the stagnant atmosphere in the shipbuilding industry is prolonged due to COVID-19.

For this project, Pukyong National University’s LINC Plus Business Team has received letters of intent to participate since last July from local shipbuilding and offshore plant related companies, and has recruited 24 domestic and foreign companies so far. Pukyong National University plans to establish the center in the form of a non-profit corporation in Dragon Valley of Yongdang Campus by the end of this year, and to move in up to 40 companies and research institutes.

Especially, Pukyong National University’s LINC Plus Business Team has been selected after applying for the Busan Innovation Institute of Industry, Science & Technology Planning (BISTEP)’s Planning Support Project of External Cooperation (Busan-type New Deal) in order to promote detailed project planning and activities to attract regional projects leading national core technologies.

Accordingly, Pukyong National University’s LINC Plus Business Team will focus on developing business for overseas orders for the system and small eco-friendly ships, including the development of cryogenic clean fuel unit system technology, and fostering experts related to cryogenic eco-friendly fuel systems. Through this, the university plans to connect with the reinforcement of corporate technology and creation of local youth jobs.

Seo Yong-cheol, the leader of the LINC Plus Business Team of Pukyong National University said, "The university will lead the industry-university-research cooperation in business development to revitalize the shipbuilding economy stagnated by COVID-19, and build a cluster of small and medium-sized ship technology development, manufacturing, and business based on eco-friendly clean fuel in Busan." <Pukyong Today>