South Korea

Wärtsilä to provide cargo handling systems for four new 93,000 cbm ammonia carriers
Wärtsilä Gas Solutions will supply cargo handling systems for four new 93,000 cbm capacity VLACs being built by Hanwha Ocean for Naftomar.

HD KSOE secures ABS’ blessing for methanol hybrid escort tug
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE), in collaboration with ship designer Robert Allan, has received approval in principle (AiP) from classification society ABS for an escort tug with methanol dual-fuel (DF) hybrid propulsion system. The AiP certific

ABS delivers ammonia dispersion safety evaluation to Hanwha Ocean
ABS has completed a safety evaluation of ammonia dispersion on board an ammonia-fueled gas turbine LNG carrier design from Hanwha Ocean.

Hanwha Ocean partners with GCMD to advance maritime decarbonization
The Global Centre for Maritime Decarbonization (GCMD) and Hanwha Ocean have signed a five-year strategic partnership to advance maritime decarbonization in the areas of alternative low-/zero carbon fuels, energy efficiency technologies, and onboard carbon capture.

South Korea’s Busan Port hosts its first LNG-powered cruise ship
Following the expansion of the LNG fuel supply structure, South Korea’s Busan Port has hosted the first LNG-powered cruise ship – the 2023-built Silver Nova owned by Monaco-based Silversea Cruises. The 54,000-ton LNG-fueled Silver Nova, which was built by German shipbuilder Meyer Werft as the first

Maritime giants unite to build standardized LCA framework for emissions calculation
HD Hyundai Marine Solution, a marine solutions provider operating under South Korea’s titan HD Hyundai, has shaken hands with compatriot HD Hyundai Samho shipyard and the French shipping behemoth CMA CGM to develop a standardized life cycle assessment (LCA) model for measuring carbon emissions in sh

HD KSOE to build two ammonia carriers for mystery Oceanian company
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received an order for the construction of two very large ammonia carriers (VLAC).

Hanwha Ocean sweetens the takeover deal for Singaporean FPSO player by upping the final offer ante by 11.67%
Hanwha Ocean has thrown a boost of 11.67% into its final offer to shareholders 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.

KSB-built 50,000 dwt LNG dual-fuel MR tanker classed by LR
Arctic Tern, a 50,000 dwt liquefied natural gas (LNG) dual-fuel medium-range (MR) tanker recently built by K Shipbuilding, has been classed by the UK classification society Lloyd’s Register (LR). As disclosed, the MR tanker runs on both LNG and conventional marine fuel, allowing the vessel to reduce

Swiss player procures 8 LNG carriers compressor gig with Hanwha Ocean
Swiss compression specialist Burckhardt Compression has received an order to deliver liquefied natural gas (LNG) boil-off-gas handling compressors for eight LNG carriers built by South Korea’s shipbuilder Hanwha Ocean.

HD Hyundai launches next-gen smart ship solution to enhance vessel efficiency
South Korean heavyweight HD Hyundai has unveiled new next-generation smart ship solution to support the efficiency of the vessels.

Singaporean-Korean pair shakes hands on joint LNG procurement
Singapore’s Energy Market Authority (EMA) and Korea Gas Corporation (KOGAS) have penned a memorandum of understanding (MoU) to expand their cooperation in the liquefied natural gas (LNG) arena.