South Korea
SHI’s wing sail-equipped LNG carrier gets green light from Liberian Registry and KR
South Korean shipbuilder Samsung Heavy Industries (SHI) has received approval in principle (AiP) from the Liberian Registry and Korean Register (KR) for the basic design of its wing sail-equipped LNG carrier. The approval for the LNG carrier with the wing sail, an eco-friendly auxiliary propulsion s
Hanwha all done with Singaporean FPSO player takeover
South Korea’s shipbuilder Hanwha Ocean has closed its acquisition of Singapore-based offshore builder Dyna-Mac, which specializes in manufacturing marine plant topside structures for floating production, storage, and offloading (FPSO) and floating liquefied natural gas (FLNG) units.
South Korean submarine cable maker to launch second manufacturing facility in 2027
South Korean Taihan Cable & Solution is planning to build its second submarine cable manufacturing facility, adjacent to the first one whose first phase was launched earlier this year. Taihan opened the first phase of its first submarine cable plant which focuses on producing inter-array cables, cov
HMM welcomes LNG-powered 7,700 TEU boxship duo for long-term charter
South Korean shipping company HMM has welcomed two newbuild LNG-powered 7,700 TEU containerships chartered from Greek shipowner Navios. The two ships named HMM Ocean and HMM Sky were built by HJ Shipbuilding & Construction (HJSC) in South Korea under the shipbuilding order placed by Navios in 2022.
CMA CGM welcomes another LNG-powered newbuild
French shipping giant CMA CGM has taken delivery of another LNG-powered newbuild from South Korean shipbuilder Samsung Heavy Industries. The shipowner announced the delivery of CMA CGM Fort Diamant via social media on November 18, 2024. The dual-fuel LNG ship is 168 meters long and has a 7,362 TEU c
KIMM reveals new automated mooring system for autonomous vessels
The Korea Institute of Machinery & Materials (KIMM) has created an ‘enhanced’ automated mooring system that aims to ‘improve’ the safety of docking operations for autonomous vessels. As disclosed, this project was conducted under the “Development of Smart Port-Autonomous Ship Linkage Technology” ini
Work done on Korea’s oil & LNG terminal with transformation into ‘carbon-neutral energy hub’ next on the agenda
Korea Energy Terminal (KET), a joint venture (JV) between Korea National Oil Corporation (KNOC) and SK Gas, has held a completion ceremony for its terminal at the North Port of Ulsan, South Korea.
LR and SHI to work on green ammonia FPSO system
South Korean shipbuilder Samsung Heavy Industries (SHI) and classification society Lloyd’s Register (LR) have signed a memorandum of understanding (MoU) to jointly develop a floating production, storage, and offloading (FPSO) for green ammonia. Together, SHI and LR plan to develop the FPSO unit that
S. Korean industry players, Liberian Registry partner on STS ammonia bunkering guidelines
Korean Register (KR), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI), KSS Line, and the Liberian Registry have signed a Memorandum of Understanding (MoU) to develop the safety guidelines for ship-to-ship ammonia bunkering.
Steel cut for Woodside’s Mexico-bound FPU
A groundbreaking ceremony for the semi-submersible floating production unit (FPU) South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) is building for Australia’s energy giant Woodside has been held at the former’s yard in Ulsan, South Korea.
South Korean shipyard bags $370 million contract to build 4 LNG bunker vessels
South Korean shipbuilder HD Hyundai Mipo has secured a new order worth KRW 514.8 billion (around $370 million) for the construction of four LNG bunkering vessels. The shipbuilding contract was revealed in HD Hyundai Mipo’s stock exchange filing on November 7, 2024. The deal includes the construction
Four LNG carriers for QatarEnergy’s expanding fleet named in South Korea
Qatar’s state-owned energy giant QatarEnergy has inaugurated four new liquefied natural gas (LNG) vessels built at the Samsung Heavy Industries (SHI) and Hanwha Ocean shipyards in South Korea.