The Ministry of Oceans and Fisheries has proposed legislation setting
out detailed rules for the country’s Special Act on Support for the
Establishment of Green Shipping Routes, ahead of the Act’s entry into force on
April 1, 2027. The proposed rules spell out which vessels and fuels can qualify
for green shipping corridors involving South Korean ports and set requirements
for ports supplying alternative marine fuels. Eligible vessels would include
those powered by methanol, hydrogen, ammonia, biofuels and renewable synthetic
fuels, as well as battery-electric and fuel cell-powered vessels. The
legislation would also establish requirements for “environmentally friendly”
ports, including systems to supply cleaner marine fuels, although the ministry
has not specified which ports could qualify. The proposals will undergo public
consultation until October, followed by regulatory and legislative reviews
through December. They are expected to reach vice-ministerial and cabinet
meetings by February 2027.
The rules are being developed in parallel with South Korea’s second
Basic Plan for the Development and Deployment of Eco-Friendly Vessels, covering
2026-2035. Fuel supply infrastructure forms one of five main areas under the
plan, with South Korea intending to expand infrastructure for low-emission
fuels while developing separate supply infrastructure for zero-emission
fuels. The plan also aims to build demand for those fuels
by accelerating the uptake of cleaner vessels in domestic and international
shipping and across the public fleet, supporting the conversion of 889
privately and publicly operated vessels by 2035 to run on alternatives to
conventional marine fuels. Its targets include cutting GHG emissions from
Korean shipping companies’ oceangoing fleets by 61% from 2008 levels by 2035
and reducing shipping-sector emissions by 20% from 2018 levels.
The government also wants Korean shipbuilders to capture 50% of the
global zero-carbon vessel market by 2035. To support this, the plan includes
developing technologies for zero-carbon fuel-powered vessels and equipment
capable of handling blended fuels, alongside calls for onshore and offshore
testing facilities to help commercialise new technologies. The government also
plans to strengthen links between South Korea’s shipping and shipbuilding
industries and support smaller shipyards and marine equipment manufacturers
with alternative fuel-capable vessel design and equipment testing.