Search results for: Hyundai Heavy Industries Group

165 results

A list of search results

  • HHI chooses Wärtsilä cargo handling and fuel gas supply systems for VLECs

    31 March 2023
    Business Developments & Projects, Equipment

    Finnish technology group Wärtsilä has been contracted by the Hyundai Heavy Industries (HHI) shipyard to supply the cargo handling and integrated fuel gas supply systems for very large ethane carrier (VLEC) vessels. The order, booked by Wärtsilä in Q1 2023, is for two VLECs being built for Japanese ship owner Iino Line, and according to […]

  • Jan De Nul Completes Cable Scope for ADNOC’s NASR Field

    2 April 2019
    Equipment, Operations & Maintenance

    Jan De Nul Group has completed the cable installation scope for the Phase II of NASR Full Field Development, located approximately 130km northwest of Abu Dhabi. Jan De Nul  was subcontracted by Hyundai Heavy Industries for the cable loading, transport, laying and protection of three 132kV subsea power cables (total length 147km) and ten 11kV […]

  • DSME inks $1.4 bln conditional takeover deal with Hanwha

    27 September 2022
    Business & Finance, Business Developments & Projects, Green Marine

    South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has entered into a tentative deal with compatriot conglomerate Hanwha Group on the acquisition of a 49.3 percent stake and management rights in return for $1.4 billion. Under the terms of the Memorandum of Understanding, defense and aerospace affiliates of the Hanwha Group have been […]

  • DSME sets sail for a fresh start reborn as Hanwha Ocean

    9 May 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition

    South Korea’s shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) is set to undergo a significant transformation under the Hanwha Group. The company will soon be rebranded as Hanwha Ocean, marking a new era for the organization. In an extraordinary board meeting held on May 8, it was decided to propose amendments to DSME’s articles […]

  • China okays KSOE-DSME merger

    28 December 2020
    Authorities & Government, Business Developments & Projects, Regulation & Policy

    China’s antitrust authority has reportedly approved the planned merger between South Korean shipbuilding majors, Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding arm of Hyundai Heavy Industries (HHI) Group, and Daewoo Shipbuilding & Marine Engineering (DSME).

  • Knutsen takes delivery of new LNG carrier for Shell charter

    13 October 2022
    Business Developments & Projects, Vessels

    Norwegian shipping company Knutsen has taken delivery of another liquified natural gas (LNG) carrier from South Korean company Hyundai Samho Heavy Industries (HSHI) shipyard. 

  • Knutsen orders Wärtsilä reliquefaction tech for three more LNG carriers

    29 June 2022
    Equipment, Infrastructure, Vessels

    The Compact Reliq reliquefaction plant from Finnish technology group Wärtsilä will be installed on three more LNG carriers for Norway-based Knutsen OAS Shipping.

  • Maersk partners with SIPG on green methanol bunkering

    27 March 2023
    Business Developments & Projects, Collaboration, Ports & Logistics, Vessels

    Danish shipping giant A.P. Moller-Maersk has signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on strategic cooperation for Shanghai Port methanol marine fuel project. 

  • South Korea: Avikus autonomous navigation tech picked for 23 large ships

    10 August 2022
    Business Developments & Projects, Infrastructure, Innovation, IT & Software

    Avikus, an autonomous navigation solutions startup founded by South Korean shipbuilder Hyundai Heavy Industries (HHI) Group in late 2020, has been contracted by two compatriot shipping companies to install an autonomous navigation solution for large vessels.

  • Six Japanese companies to build country’s 1st methanol-powered coastal tanker

    23 March 2023
    Vessels

    Mitsui O.S.K. Lines, Ltd., MOL Coastal Shipping, Ltd., Tabuchi Kaiun Co., Ltd., Niihama Kaiun Co., Ltd., Murakami Hide Shipbuilding Co., Ltd., and Hanshin Diesel Works, Ltd. have joined forces to build a methanol-fueled coastal tanker.

  • Wärtsilä wins maintenance deal for Lastco’s VLGC duo

    3 December 2020
    Business & Finance, Equipment, Operations & Maintenance, Safety, Technology, Vessels

    The technology group Wärtsilä has signed 5-year Optimised Maintenance Agreements covering the main engines for two very large gas carriers (VLGC) operated by Latsco Marine Management (LMM). The contract, which became effective from September, was signed in August 2020. The two vessels, the Hellas Dynasty and the Hellas Voyager, were built in 2020 at the Hyundai Heavy […]

  • ACP Meets with Maritime Authorities in China, Japan, and South Korea

    7 June 2012

    The Panama Canal is meeting this week with top clients, government officials, and maritime authorities in China, Japan, and South Korea to reaffirm its relationship with customers and explain the impact of the Panama Canal expansion program in Asia. “We always keep a close communication with our customers and this is a new opportunity to […]

  • SCF’s Shell-chartered LNG newbuild delivered

    15 January 2021
    Infrastructure, Vessels

    Russia’s largest shipping company Sovcomflot has taken delivery of the Shell-chartered LNG carrier, SCF Timmerman.

  • DSME surpasses its yearly target with fresh round of 1.29 bln LNG carrier deals

    6 October 2022
    Business Developments & Projects, Green Marine, Vessels

    South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has won orders for a total of 6 LNG carriers worth over $1.29 billion. Four LNG carrier newbuilds were ascribed to European shipowners. The contract is worth KRW 1.2 trillion (approximately $880 million) and the vessels are scheduled for delivery by the end of October 2026, […]

  • PGNiG charters Knutsen duo to ferry U.S. LNG to Poland

    4 November 2020
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Polish Oil and Gas Company (PGNiG) has chartered two liquefied natural gas carriers from Knutsen OAS Shipping to transport U.S. LNG volumes to Poland.

  • GAZ-SYSTEM’s Terminal LNG receives first delivery by Lech Kaczyński ship

    13 March 2023
    Business Developments & Projects, Vessels

    GAZ-SYSTEM’s Terminal LNG in Świnoujście, Poland, has seen the first delivery of LNG by the Lech Kaczyński, the first LNG carrier built for exclusive use by ORLEN Group and named after former president Lech Kaczyński. The ship was built by Hyundai Heavy Industries, and the ORLEN Group said it will use it under a long-term […]

  • MOL takes delivery of methanol-powered methanol carrier

    5 November 2021
    Business Developments & Projects, Vessels

    Japanese shipping major Mitsui O.S.K. Lines (MOL) has taken delivery of methanol-fuelled methanol carrier Capilano Sun from South Korean shipyard Hyundai Mipo Dockyard.

  • Asian operator welcomes final shuttle tanker for Shell charter

    27 May 2022
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Transition, Vessels

    AET has brought in the third and final Suezmax DP2 shuttle tanker, purpose-built for a long-term charter with Shell for operations in Brazil.

  • HD Hyundai, Avikus to spearhead verification of fuel savings through autonomous navigation

    20 March 2023
    Automation, Business Developments & Projects, Certification & Classification, Collaboration, Green Marine, Innovation, IT & Software, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vessels

    South Korea’s shipbuilding major Korea Shipbuilding & Offshore Engineering, a subsidiary of HD Hyundai, has signed an agreement with Avikus, a compatriot startup specializing in autonomous navigation solutions, to conduct a fuel-saving verification project using autonomous navigation systems. The project aims to verify the fuel-saving effect of autonomous navigation systems on actual ships. South Korean […]

  • KSOE and partners to work on hydrogen and fuel cells

    10 January 2023
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Green Marine, Innovation, Research & Development, Technology

    Korea Shipbuilding and Offshore Engineering (KSOE), a research-oriented intermediate holding company of the Hyundai Heavy Industry (HHI) Group, Germany’s Fraunhofer Institute for Ceramic Technologies and Systems (IKTS), and European solid oxide systems (SOC) producer ELCOGEN have agreed to collaborate in the fields of hydrogen and fuel/electrolysis cells. The parties signed a Memorandum of Understanding (MoU) […]

  • Lamprell secures loan to help cover costs of building two rigs

    5 October 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    UAE-based Lamprell has secured funding to cover the costs for the continuation of the construction of two IMI jack-up rigs.

  • AET reinforces position in Brazil after naming first of three shuttle tankers for Petrobras charter

    25 March 2022
    Business & Finance, Business Developments & Projects, Certification & Classification, Collaboration, Environment, Equipment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vessels

    AET has named the first of three Suezmax DP2 shuttle tankers, purpose-built for a long-term charter with Petrobras for operations in Brazil.

  • Study: Maersk among 134 ‘highly carbon-exposed’ companies failing to include climate risks in financial reporting

    7 October 2022
    Business & Finance, Green Marine, Outlook & Strategy, Transition

    Danish shipping major Maersk has been included in the list of 134 ‘highly carbon-exposed companies’ that reportedly failed to disclose how climate-related risks might impact them financially. The list is part of a review produced by The Carbon Tracker Initiative,  a think tank specializing in research on aligning the financial system with the transition to a […]

  • NYK welcomes newbuild LNG carrier into the fleet

    1 June 2021
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Japanese shipping major Nippon Yusen Kaisha (NYK) took delivery of a new liquefied natural gas (LNG) carrier Diamond Gas Crystal, built at Hyundai Samho Heavy Industries (HSHI).

  • New custom-built LNG carriers to bolster Polish security of supplies

    15 December 2022
    Business Developments & Projects, Outlook & Strategy, Vessels

    Two newbuild liquefied natural gas (LNG) carriers built for exclusive use by Polish ORLEN Group are being prepared to enter service in early 2023. The two vessels ordered by PGNiG Supply & Trading, an ORLEN Group company specialising in LNG trading, were named “Lech Kaczyński” and “Grażyna Gęsicka” this month in Ulsan, South Korea. Both […]