South Korea
LNG-powered CMA CGM Ambition named in South Korea
French shipping heavyweight CMA CGM has held a naming ceremony for the newest addition to its fleet, CMA CGM Ambition.
HD KSOE, partners embark on joint project to reduce GHG emissions
South Korean shipbuilding major HD Korea Shipbuilding & Marine Engineering (HD KSOE) has signed an agreement with compatriot Korea East-West Power and Korean small and medium businesses (SMEs) to develop a joint project aimed at reducing greenhouse gas (GHG) emissions in the shipping industry.
Significant offshore wind growth brings Fugro strong start of the year
In what is described as a “strong start of the year”, Dutch geo-data specialist company Fugro reported a 9% revenue growth for Q1 2024 compared to the same period last year, said to be due to ongoing significant growth in offshore wind projects. Revenue in the first quarter was €503.2 million, a 9%
Grimaldi takes delivery of fourth eco-friendly multipurpose RoRo
Italian shipping company Grimaldi has taken delivery of Great Abidjan, the fourth ship in a series of six multipurpose roll-on/roll-off (RoRo) units belonging to the new G5 class.
New partnership to decarbonize maritime sector through ammonia deployment
Hanwha Ocean, Hanwha Aerospace and Amogy have entered a partnership to accelerate the decarbonization of the maritime industry through the deployment of ammonia technology.
Korean firm gets $99 million boost for US subsea cable factory
South Korean cable manufacturer LS Cable & System has received financial support from the U.S. Department of Energy (DOE) for its high-voltage submarine power cable factory in the U.S. LS GreenLink USA, a wholly-owned subsidiary of LS C&S, plans to build a manufacturing facility to produce high-volt
Maersk Tankers firms up options for four more VLACs at South Korean yard
Danish tanker operator Maersk Tankers has exercised an option for four more very large ammonia carriers (VLACs) at South Korean HD Hyundai Samho Heavy Industries.
Another drillship begins its maiden voyage
A newbuild ultra-deepwater drillship has left Samsung Heavy Industries yard in South Korea and started its inaugural journey to Malaysia.
South Koreans to set up specialized test facility for HVDC cables
South Korean Taihan Cable & Solution is planning to set up a specialized test facility for high-voltage direct current (HVDC) cables as a response to the growing global demand. The dedicated test facility will be built on approximately 7,000 square meters of unused land at the Dangjin plant, which i
Hyundai Glovis unveils new LPG/ammonia carrier for charter with Trafigura
The vessel, named Taebaek Explorer, is the first of two newbuild LPG/ammonia carriers which will be chartered by Trafigura.
HMM to collaborate with SIPG on clean marine fuel supply
HMM and Shanghai International Port Group (SIPG) have inked an MoU to collaborate on clean marine fuel supply, specifically methanol and LNG.
Deal signed for new hydrogen industry cluster in South Korea
South Korean province Jeollanam-do has signed an investment memorandum of understanding (MoU) with five companies to create a hydrogen industry cluster in Myodo, Yeosu.