South Korea

Korea and Norway join forces on clean energy, eco-friendly and smart ships
The Republic of Korea and Norway have joined forces to boost economic cooperation in clean energy, shipbuilding, and eco-friendly and smart vessels.

Cable production kicks off for TenneT’s 2 GW grid connection projects
The production of TenneT’s new cables that can transmit up to 2 GW of offshore wind capacity has started at LS Cable in Donghae, South Korea. The new cables with a voltage of 525 kV make it possible to transmit 2 GW of direct current (DC) over long distances with low losses, said the Dutch-German [&

ADNOC strikes low-carbon ammonia, LNG carrier deals with Korean partners
ADNOC secured agreements with companies in the Republic of Korea regarding low-carbon ammonia, LNG carrier shipbuilding, and LPG value chain.

Shell joins forces with HD Hyundai to develop large liquefied hydrogen carriers
South Korean shipbuilding conglomerate HD Hyundai has partnered with UK energy major Shell to work on the development of large liquefied hydrogen (LH2) carriers.

Hapag-Lloyd christens new LNG dual-fuel 23,600 TEU giant
German shipping giant Hapag-Lloyd has held a christening ceremony for its new liquefied natural gas (LNG) dual-fuel 23,600 TEU containership Damietta Express.

MPCC christens green methanol-ready 5,500 TEU containership duo
Norwegian container tonnage provider MPC Container Ships has christened two green methanol-ready 5,500 TEU containerships in South Korea.

MOL and JERA shake hands on seventh charter deal for newbuilding LNG vessel
Mitsui O.S.K. Lines (MOL) has penned a seventh long-term charter contract for a newbuilding LNG carrier with JERA.

Hyundai LNG Shipping hand-picks Seatrium for multi-year vessel retrofits
Hyundai LNG Shipping has hired Seatrium Limited on a favored customer contract (FCC) for repairs and upgrades of LNG carriers in its fleet.

ABS, HD KSOE and HD HHI team up on MVDC power systems for ships
American class society ABS and South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its affiliate HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding to collaborate on the technical feasibility of medium-voltage direct current (MVDC) power syste

Seadrill finds more work for two drillships in Asia and US
Seadrill has won a new assignment and secured an extension of an existing one for two drillships in its rig fleet.

Onshore cabling works progressing at 99 MW South Korean offshore wind farm
The landfall of the first submarine cable circuit has been completed by LS Cable & System and LS Marine Solution in the construction of the Jeonnam offshore wind farm in South Korea. Jeonnam Offshore Wind Power was founded in 2020 as a 51-49 joint venture between SK E&S and Copenhagen Infrastructure

Trafigura orders 4 dual-fuel ammonia-powered ships in South Korea
Multinational commodity trading company Trafigura has signed a contract for four medium gas carriers (MGC) that will be capable of using low-carbon ammonia as a propulsion fuel when delivered.