South Korea

Oil player books three tanks at Odfjell’s growing South Korean terminal
Odfjell Terminals Korea (OTK), a subsidiary of Norwegian shipping company Odfjell, has entered into a multi-year contract with South Korean oil refining and petrochemical company S-Oil for storage at its expanding Ulsan terminal.

CMA CGM unveils inaugural 13,000 TEU methanol dual-fuel boxship in Singapore
The 13,000 TEU containership CMA CGM Iron, French shipping colossal CMA CGM’s ‘first ever’ methanol-powered dual-fuel newbuilding, has been delivered. As disclosed, CMA CGM Iron made its maiden call at the Port of Singapore on March 4, 2025. The Malta-flagged vessel features a length of 335 meters a

HD KSOE wins $312M shipbuilding contract for ethane carrier duo
South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has bagged a KRW 458.8 billion (around $312 million) order from an undisclosed Asian shipping company to construct two very large ethane carriers (VLECs). It is understood that the two ethane carriers are set to b

Gas carrier trio under construction at HD Hyundai Mipo to feature Wärtsilä’s technology
Wärtsilä Gas Solutions, part of Finland-based technology giant Wärtsilä, is set to provide its cargo handling systems for a trio of 45,000 cbm gas carriers that are currently under construction at South Korea’s HD Hyundai Mipo. As disclosed, two of the vessels were booked by Purus, a Singapore- and

GSI strengthens South Korean major’s LNG-powered fleet with latest PCTC delivery
Guangzhou Shipyard International (GSI) and China Shipbuilding Trading, subsidiaries of China State Shipbuilding Corporation (CSSC), have christened and delivered the first of two 8,600 CEU liquefied natural gas (LNG)-powered dual-fuel car carriers built for South Korea’s H-Line Shipping. As informed

Sonangol presses on with fleet expansion with $190M tanker deal at HD Hyundai
Sonangol Shipping Holding Limited, part of Angola’s state-controlled oil company Sonangol EP, has booked a pair of 158,000 dwt Suezmax tankers at South Korea’s major HD Hyundai Heavy Industries, according to Greek shipbroker Intermodal. It has been disclosed that the shipbuilding contract the two pa

SHI launches hull for giant FLNG unit, third in Petronas’ fleet
South Korea’s Samsung Heavy Industries (SHI) has held the launching ceremony for a floating liquefied natural gas (FLNG) production facility it is building for Malaysia’s Petronas.

LNG-powered HMM Sky wraps up first commercial STS bunkering operation
Newbuild 7,700 TEU containership HMM Sky, said to be the first LNG-fueled containership in South Korea, has undergone its first commercial ship-to-ship (STS) LNG bunkering operation.

South Korea’s revised certification rules to boost adoption of eco-friendly ship technology
South Korean Ministry of Ocean and Fisheries (MOF) has revised its operational guidelines for the eco-friendly ship and equipment certification system to include new certification standards for environmentally forward vessel equipment. As disclosed, the new standard will be effective starting Februa

Partners eye hydrogen-as-ammonia exports from Canada to South Korea
Trigon Pacific Terminal and Ulsan Free Economic Zone Authority (UFEZ) have signed a memorandum of understanding (MoU) that will see the two entities establish a framework to expand collaboration on the development of hydrogen-as-ammonia exports from Canada to South Korea.

Hanwha orders MAN’s dual-fuel engines for LNG carrier duo
Hanwha Ocean has placed an order with German manufacturer MAN Energy Solutions (ES) for four engines to be installed on two liquefied natural gas (LNG) carriers it is building for an undisclosed shipowner.

ONE names its first owned methanol/ammonia-ready newbuild
Singapore-based shipping company Ocean Network Express One (ONE) has held a naming ceremony for its first owned newbuild container vessel – the 13,800 TEU methanol-ready ONE Sparkle.