South Korea

Hanwha Ocean hands over first of four LNG vessels to Greek player
GasLog has taken delivery of the first of four LNG carriers, which are being built by South Korea’s shipbuilder Hanwha Ocean.

HD KSOE ventures into hydrogen fuel cell market with $80M acquisition
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) is set to spearhead the global hydrogen fuel cell market through an investment of $80 million to acquire Convion, a company specializing in fuel cell systems. HD KSOE said it had recently, through its subsidiary H

JERA and Lotte Fine Chemical forge partnership to advance low-carbon fuel value chains
JERA, a Japanese energy company, and Lotte Fine Chemical (LFC), a South Korean chemical company, have entered into a joint collaboration agreement to develop low-carbon fuel value chains in Asia. This partnership aims to accelerate the creation of a ‘robust’ low-carbon fuel infrastructure, addressin

Duo teams up on amplifying role of LNG across Asia’s energy mix
The Asia Natural Gas and Energy Association (ANGEA) and the Korean Private LNG Industry Association have inked a memorandum of understanding (MOU) to foster cooperation on natural gas development in Asia and explore the role of liquefied natural gas (LNG) in the energy transition.

KOGAS winds down roof air-raising ops on LNG tank quartet
Korea Gas Corporation (KOGAS) has completed the roofing of four LNG storage tanks at the country’s Dangjin LNG terminal.

Hanwha Ocean pressing on with construction of LNG carriers for BW LNG
South Korean shipbuilder Hanwha Ocean has started the construction of another LNG carrier for Norway-based gas shipping company BW LNG.

2004-built vessel getting new lease on life as LNG FSU in Central America after European firm taps Korean shipbuilder for retrofit
HD Hyundai’s marine solutions arm has been hired by a European shipping player to undertake its first conversion of an LNG carrier into an LNG FSU.

HD Hyundai Mipo starts building Korea’s first LCO2 carrier
HD Hyundai Mipo has held a steel cutting ceremony for a 22,000 cbm LCO2 carrier at its Ulsan headquarters.

HD KSOE taps GTT for tank design of 12 CMA CGM’s LNG-fueled vessels
GTT has received two orders from HD KSOE to design the cryogenic fuel tanks for 12 new LNG-fueled container vessels on behalf of CMA CGM.

New platform for huge offshore oil field ready for sail-away
South Korea’s Hanwha Ocean is on track to send off a fixed platform to its final destination where it will be installed at Qatar’s largest offshore oil field.

LNG-ready HMM Pearl joins HMM’s 13,000 TEU boxship fleet
South Korea’s HMM has welcomed a new LNG-ready 13,000 TEU containership built by HD Hyundai Heavy Industries (HHI).

With first cable laying vessel in tow, Asian firm hopes to safeguard domestic offshore wind market from competitors
Taihan is placing hopes on its recently launched cable laying vessel (CLV) to lend a helping hand in protecting the domestic offshore wind industry.