South Korea
Evergreen splashes out $3 billion on new LNG dual-fuel containerships
Taiwanese container shipping company Evergreen Marine Corporation has placed an order worth around $3 billion for new LNG dual-fuel containerships at South Korean and Chinese shipyards.
HD KSOE unveils ABS-approved nuclear-powered containership model
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (KSOE) has rolled out a nuclear-powered containership model utilizing small modular reactor (SMR) technology to accelerate the development of nuclear-powered vessels.
Hapag-Lloyd ordering additional green newbuilds. This time in S. Korea
German container shipping heavyweight Hapag-Lloyd shows no signs of pausing orders as it turned to South Korea for another vessel batch.
South Korean gov’t to invest $153M to support green shipbuilding and slash GHG emissions
The government of South Korea has laid out a plan to invest about KRW 222.3 billion (circa $152.89 million) to support the construction (or conversion) of 81 environmentally friendly vessels. According to the nation’s Ministry of Ocean and Fisheries (MOF), KRW 163.5 billion has been set aside from t
Net-zero quest: South Korea, Australia to create green shipping corridor
South Korea and Australia have decided to establish a green shipping corridor to support international shipping’s zero-emission goals and create an environment for eco-friendly fuel supply.
HD Hyundai: AI-powered route optimization hits South Korean waters for ‘first time’
South Korea’s HD Hyundai Marine Solution, a marine solutions provider operating under HD Hyundai, has deployed its AI-powered route optimization system on board domestic commercial vessels for the ‘first time ever’, aiming to slash fuel consumption and harmful emissions. According to HD Hyundai Mari
HJSC lands $87M deal for dual-fuel LNG bunkering ship
South Korea-based HJ Shipbuilding & Construction (HJSC) has clinched its inaugural order this year for an 18,000 cbm liquefied natural gas (LNG) bunkering vessel for compatriot shipping player H-Line Shipping. It is understood that the contract is worth KRW 127.1 billion (about $87.47 million). As d
HD Hyundai Mipo books $372 million order for LNG bunkering quartet
Four 18,000 cubic meter (cbm) LNG bunkering vessels will be built by HD Hyundai Mipo in Ulsan.
Smooth seas ahead for Premier Alliance, FMC says
The US Federal Maritime Commission (FMC) has cleared the Premier Alliance, a global shipping alliance between South Korea’s HMM, Singapore’s Ocean Network Express (ONE) and Taiwan’s Yang Ming Marine Transport Corporation, for take-off. According to the FMC, the Premier Alliance will start on Februar
Construction of Purus’ ammonia-ready gas carriers gains ground in South Korea
Purus, a provider of maritime services for gas transport and offshore wind industries, has hailed the beginning of the construction of another medium-sized gas carrier (MGC) for ammonia transport.
Hapag-Lloyd adds ninth LNG dual-fuel 23,600 TEU giant to the fleet
Pressing ahead with fleet expansion, German container shipping major Hapag-Lloyd has christened the ninth LNG dual-fuel 23,660 TEU containership, Bangkok Express.
Amogy enters South Korean market to advance its ammonia-to-power solutions
U.S.-based provider of ammonia-to-power solutions Amogy has opened an office in the Pangyo Techno Valley in South Korea, positioning the company for growth and commercialization.