South Korea
Doosan starts producing fuel cell systems using Ceres’ solid oxide technology
South Korean company Doosan Fuel Cell has begun mass production of fuel cell stacks utilizing the solid oxide technology of UK company Ceres.
EXMAR launches its first ammonia-powered gas carrier
Belgian shipping company EXMAR has launched its first ammonia-powered gas carrier at HD Hyundai Mipo shipyard in South Korea.
First financing in place for 25 Korea-built vessels in QatarEnergy’s massive LNG shipbuilding program
Qatar Gas Transport Company (Nakilat), Qatar’s shipping and maritime player, has joined forces with the Export-Import Bank of Korea (KEXIM) to set up the first financing package for 25 conventional liquefied natural gas (LNG) carriers being constructed in Korea.
Lloyd’s Register okays HD KSOE’s 210,000 dwt multi-fuel bulk carrier design
Lloyd’s Register (LR) has awarded approval in principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) for its 210,000 dwt multi-fuel Newcastlemax bulk carrier design.
First steel cut for Poland’s FSRU at HD Hyundai Heavy Industries shipyard
Poland’s gas transmission system operator (TSO), Gaz-System, has confirmed a steel-cutting ceremony, held in South Korea, for the country’s floating storage and regasification unit (FSRU), which will be part of a liquefied natural gas (LNG) terminal located in the Gulf of Gdańsk.
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Big plans ahead: Yang Ming orders 15,000 TEU LNG dual-fuel boxship fleet
Taiwanese shipping company Yang Ming Marine Transport Corporation has unveiled the order of seven 15,000 TEU liquefied natural gas (LNG) dual-fuel containerships at South Korea’s shipyard Hanwa Ocean.
Construction of ‘Asia’s largest HVDC cable facility’ wraps up
South Korean subsea cable manufacturer LS Cable & System has completed the construction of what it says is the largest high-voltage direct current (HVDC) cable production facility in Asia. LS Cable & System announced on July 16 that it had completed the construction of its fifth submarine cable plan
$360M investment to be made for first phase of South Korean subsea cable manufacturing plant
South Korean Taihan Cable & Solution is investing $360 million for the first phase of construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. Taihan opened t
South Korea’s YPP to invest up to $3.1B in green hydrogen production in Kazakhstan
YPP and Kazakh Invest have signed a framework agreement on cooperation for the implementation of a green hydrogen production project in Kazakhstan.
WinGD’s ammonia dual-fuel engine installed on EXMAR gas carrier newbuild
“World’s first” oceangoing ammonia-powered gas carrier, currently under construction at HD Hyundai Mipo shipyard in South Korea, has been fitted with an ammonia two-stroke engine developed by Swiss marine power company WinGD. WinGD has delivered and installed its X52DF-A engine on the 46,000 cubic m
$23M investment to back Amogy’s ammonia-to-power expansion into Asian markets
U.S.-based ammonia-to-power solutions provider Amogy has secured an additional $23 million in venture financing to advance development of its maritime products and support expansion into Asian markets.