South Korea

Korean-Dutch partnership pursuing hydrogen retrofit for feeder vessel
South Korea’s maritime decarbonization technology specialist Vinssen and Dutch engineering firm MANA Engineering have signed a memorandum of understanding (MOU) to jointly develop a hydrogen fuel cell-based retrofit solution for an 800 TEU feeder container vessel operating in Northern Europe and the

Consortium selected to lead Vietnam’s largest LNG power project
A consortium of South Korea’s SK Innovation, PetroVietnam Power Corporation (PV Power), a subsidiary of Vietnam’s state-run PetroVietnam group, and Vietnamese company NASU has been selected as the project developer for Vietnam’s largest LNG power project. Valued at approximately $2.3 billion, the Qu

Multiple newbuild vessel charters with US LNG giant come NYK and Ocean Yield’s way
Cheniere Marketing International, a wholly owned subsidiary of the U.S. energy player Cheniere Energy, has signed off on long-term charter deals for new liquefied natural gas (LNG) carriers (LNGCs) with Japan’s shipping major Nippon Yusen Kaisha (NYK) Line, part of NYK Group, and Norway’s Ocean Yiel

South Korean shipyard delivers MOL’s newbuild LPG carrier hired by TotalEnergies
Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has taken delivery of a newbuilding LPG dual-fuel very large gas carrier (VLGC) from Hyundai Samho Heavy Industries in South Korea.

South Korean 640 kV HVDC cable test center ready for business
South Korean Taihan Cable & Solution has finalized the construction of a dedicated cable test center that enables simultaneous testing of two 640 kV-class HVDC cable circuits. The test center spans approximately 7,000 square meters and is located at the company’s Dangjin Cable Plant, enabling close

LS Cable & System wins €35M turnkey subsea cable contract in Malaysia
South Korean LS Cable & System has won a KRW 60 billion (around €35 million) contract to deliver a submarine power grid that will connect Malaysia’s Langkawi Island to the mainland. The contract was awarded by Tenaga Nasional Berhad (TNB) and will see LS Cable & System construct a 132 kV submarine p

Tripartite collab to develop 1 MW ammonia-to-power system for low- and zero-carbon vessels
A tripartite collaboration has been launched to develop and commercialize a 1 MW-class ammonia-to-power system for vessels, designed to replace conventional marine diesel generators as it converts ammonia into hydrogen, which powers proton exchange membrane fuel cells (PEMFCs) to produce electricity

South Koreans join in Canadian LNG project
South Korea’s Hanwha Group has entered into a strategic memorandum of understanding (MoU) with Canadian firm Fermeuse Energy to jointly advance the Newfoundland and Labrador liquefied natural gas (LNG) development project in Canada. As part of the partnership, Hanwha will be a long-term strategic pa

BW LNG names newbuild vessel pair at Hanwha Ocean’s shipyard
BW LNG, part of BW Group, has held a naming ceremony for two new liquefied natural gas (LNG) vessels at a shipyard in South Korea, Asia.

Eni cheers launch of its Mozambique-bound FLNG at Samsung Heavy Industries’ shipyard
Italy’s energy giant Eni has attended the inauguration ceremony South Korea’s Samsung Heavy Industries (SHI) held for its second floating liquefied natural gas (FLNG) unit, which will be deployed in the supergiant Rovuma basin off the coast of Mozambique, Africa.

South Korean duo working together to globalize HVDC asset management solutions
South Korean LS Cable & System and Korea Electric Power Corporation (KEPCO) have entered into a strategic agreement to jointly commercialize and globalize an advanced HVDC asset management system. The partnership integrates KEPCO’s Smart Fault Locator – Real Time (SFL-R) technology into LS Cable & S

Hanwha Ocean tasks GTT with tank design for seven LNG vessels
South Korea’s Hanwha Ocean shipyard has put France’s technological containment specialist Gaztransport & Technigaz (GTT) in charge of designing tanks for seven new liquefied natural gas carriers (LNGCs).