South Korea

Taihan completes export cable installation at 364.8 MW South Korean offshore wind farm
Taihan Cable & Solution has completed the installation of export cables for the 364.8 MW Yeonggwang Nakwol offshore wind project in South Korea. The export cable installation, covering two 28-kilometer lines and carried out by Taihan’s cable-laying vessel (CLV) PALOS, was performed in two phases. Th

LS Cable & System signs contracts for 532 MW offshore wind farm in South Korea
LS Cable & System and its subsidiary LS Marine Solution have won a contract for the supply and installation of cables for the 532 MW Anma offshore wind project in South Korea. The contracts are worth ₩177 billion (approximately $185 million). LS Marine Solution will be responsible for laying the sub

Hyundai Glovis to deploy Avikus’ AI-driven autonomous navigation on seven PCTCs
South Korea’s autonomous navigation systems venture Avikus, part of HD Hyundai, has secured a contract with logistics and distribution company Hyundai Glovis to retrofit seven pure car and truck carriers (PCTCs) with the AI-driven HiNAS Control solution.

Damen signs contract with South Korea’s Starline for delivery of new fast ferry
Dutch shipbuilding major Damen Shipyards Group has signed a contract with South Korea’s Starline for the delivery of a new Damen Fast Ferry 4212.

FSRU construction progressing with hull launch at South Korean shipyard
A new construction milestone has been achieved for a newbuild floating storage regasification unit (FSRU), owned by the U.S.-based Excelerate Energy, a liquefied natural gas (LNG) giant with a full range of flexible regasification services, spanning from FSRUs to infrastructure development and LNG s

Hyundai broadening LNG reach thanks to Woodside collab
Australia’s Woodside Energy (Woodside) has signed a non-binding memorandum of understanding (MOU) with South Korea’s Hyundai Engineering and Hyundai Glovis to collaborate across the liquefied natural gas (LNG) value chain.

HD KSOE and Cochin Shipyard forge strategic shipbuilding partnership
South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an arm of HD Hyundai, has joined forces with Cochin Shipyard Limited (CSL), the largest state-owned shipbuilder in India, to set up long-term cooperation in the vessel construction sector. As disclosed, the deal marks a ‘full-scal

Babcock to supply ammonia fuel system for Trafigura’s newbuilds
Babcock’s LGE business has been awarded a contract to supply its ecoFGSS-FLEX marine ammonia fuel supply system for four new medium gas carriers being built for commodity trading company Trafigura at Hyundai Mipo Dockyard (HMD) in South Korea.

LS Cable & System to supply subsea cables for 1 GW South Korean offshore wind project
LS Cable & System has been named the preferred supplier of subsea cables for the 1 GW Haesong offshore wind farm in South Korea. LS Marine Solution, a subsidiary of LS Cable & System, was also selected as the preferred bidder for installation works. Together, the two companies will deliver a fully i

HD KSOE commissions GTT for tank design of six LNG-fueled containerships
French technological containment specialist Gaztransport & Technigaz (GTT) has secured a contract from South Korean shipbuilding giant HD KSOE to design cryogenic tanks for six new LNG-fueled containerships ordered by shipowner Capital.

HD Hyundai affiliates partner to advance autonomous maritime solutions
Two affiliates of South Korea’s conglomerate HD Hyundai have entered an agreement to jointly ‘fast-track’ the adoption and expansion of autonomous navigation technology at sea. As disclosed, autonomous navigation systems provider Avikus and ship design affiliate HD Hyundai ENT (formerly E&T) inked a

NEXTCHEM wins €210M contract for low-carbon methanol project in Mexico
NEXTCHEM has been awarded about €210 million basic engineering and critical proprietary equipment supply contract for the low-carbon methanol project, Pacifico Mexinol, located in Sinaloa, Mexico.