South Korea

Hanwha to acquire US shipbuilder Philly Shipyard for $100 million
South Korean shipbuilding major Hanwha Ocean has decided to acquire U.S. shipbuilder Philly Shipyard for $100 million.

HD KSOE develops scrubber technology for ammonia-fueled ships
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has unveiled an integrated scrubber technology for ammonia-powered ships.

LNG-powered CMA CGM Tivoli joins CMA CGM’s fleet
French shipping major CMA CGM has taken delivery of the fourth ship in a series of ten new 2,000 TEU containerships powered by liquified natural gas (LNG).

Korean trio teams up with Amogy on ammonia technology for ships
Korean Register (KR), Hanwha Ocean, Hanwha Aerospace and Amogy have signed an MoU that focuses on the technical collaboration and certification for the application of ammonia reformers and ammonia fuel cell systems to ships.

KR greenlights SHI’s ultra-large, ammonia-fueled ammonia carrier
Classification society Korean Register (KR) has awarded approval in principle (AiP) for Samsung Heavy Industries’ ultra-large, ammonia-powered ammonia carrier design.

IKEA to use HMM’s low-carbon solution to back shipping decarbonization
South Korea’s national flagship carrier HMM and Swedish multinational conglomerate IKEA Supply Chain Operations have signed an agreement to use HMM’s low-carbon ocean transport solution to support shipping’s decarbonization.

Green light for VLAC design integrated with Amogy’s ammonia-powered technology
HD HHI and Capital Gas obtained AiPs for very large ammonia carrier design that integrates Amogy’s ammonia-to-electrical power system.

KR, HD Hyundai partner on next-generation smart ship solution
Classification society Korean Register (KR) and South Korean conglomerate HD Hyundai have decided to collaborate on the pilot project of a cloud-based next-generation smart ship solution.

South Korean shipyards receive ABS’ approval for ammonia ship designs
ABS awarded AiPs to two South Korean shipyards for their designs of a very large ammonia carrier and an ammonia-powered tanker.

New partnership targets VLAC design development
Naftomar Shipping And Trading, Hanwha Ocean and Bureau Veritas (BV) have partnered up for the design development of a very large ammonia carrier (VLAC).

ABS, HD KSOE and LISCR to use AI technology to eliminate ship safety blind spots
Classification society ABS has signed a Memorandum of Understanding (MoU) with South Korean shipbuilding heavyweight HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD KSOE’s subsidiary Hyundai Heavy Industries (HHI) and Liberian International Ship and Corporate Registry (LISCR) to collabora

TotalEnergies strengthens its foothold in Asia with fresh LNG deals
TotalEnergies has stepped up its liquefied natural gas (LNG) delivery game in Asia with new contracts in India and South Korea.