South Korea

South Korea’s first specialized HVDC installation vessel to be built by Turkish shipyard
South Korean subsea cable installation company LS Marine Solution has signed a contract with Türkiye’s Tersan Shipyard for the construction of its new, ultra-large cable laying vessel (CLV). To expand orders for large-scale HVDC and offshore wind projects, both domestic and in Europe and North Ameri

Hanwha’s FPSO cyber resilience solution gains ABS approval
The American Bureau of Shipping (ABS) classification society has granted an approval in principle (AIP) for a new cybersecurity solution developed by South Korea’s Hanwha Ocean to protect critical infrastructure and operations on board floating production storage and offloading (FPSO) units.

MOL-operated coal carrier embarks on first biofuel trial for Japanese electric utility
Hokulink, a coal carrier operated by Japanese shipping company Mitusi O.S.K. Lines (MOL) for Hokuriku Electric Power Company, has embarked on technical trial voyages using biofuel, marking the first use of B30 for a Japanese electric power company.

HD Hyundai-ECO alliance targets US-built LNG-fueled boxships by 2028
South Korean shipbuilding giant HD Hyundai has launched a strategic collaboration with Tampa Ship, a U.S. shipyard and an affiliate of Edison Chouest Offshore (ECO), to construct LNG-fueled containerships in the U.S., aiming for first deliveries as early as 2028.

ABS greenlights floating nuclear SMR design by HD Hyundai affiliates
Classification society American Bureau of Shipping (ABS) has issued approval in principle (AIP) to the affiliates of South Korean conglomerate HD Hyundai – HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) – for a concept of a floating small modular reactor

HD Hyundai teams up with DNV and TUI Cruises to explore fuel cell solutions for cruise ships
The affiliates of South Korean conglomerate HD Hyundai – HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Europe Research & Development Center, and HD Hydrogen – have signed a joint development project (JDP) agreement with Norway-based classification society DNV and German cruise operator

ABS, HD Hyundai join forces on AI-backed smart shipyard vision
Classification society American Bureau of Shipping (ABS) and South Korea’s shipbuilding major HD Hyundai Samho, part of HD Hyundai Group, have inked a memorandum of understanding (MoU) to collaborate on an artificial intelligence (AI)-enabled smart shipyard project. As disclosed, the agreement sets

New methanol-fueled vessel class is born as Maersk names 17,480 TEU newbuild
Maersk has named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion.

French containment tech selected for Purus’ new LNG carrier
French technological containment specialist Gaztransport & Technigaz (GTT) has been hired by HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to design the tank of a liquefied natural gas carrier (LNGC) newbuild.

GTT and HHI join forces to elevate LNG carrier tank design
South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) has signed two deals with French technological containment specialist Gaztransport & Technigaz (GTT) aimed at upgrading the design of liquefied natural gas (LNG) carriers.

Korean researchers develop platinum-free hydrogen electrolysis solution
A research team led by Hee-Tak Kim of the Department of Chemical and Biomolecular Engineering, Korea Advanced Institute of Science & Technology (KAIST), in a joint study with Gisu Doo of the Korea Institute of Energy Research (KIER), has developed a platinum-free water electrolysis technology.

HD KSOE confirms $1.76B order for eco-friendly boxship octet
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), part of HD Hyundai, has landed a ‘massive’ KRW 2.4 trillion (approximately $1.76 billion) contract to build eight dual-fuel liquefied natural gas (LNG)-powered containerships for an undisclosed owner based in Asia. The 15,900 TEU vessels are re