South Korea
Hanwha Ocean develops smart ship tech for CII monitoring
South Korean shipbuilder Hanwha Ocean has developed a smart ship technology that monitors a vessel’s carbon intensity index (CII).
POSCO and ADNOC forge clean hydrogen ties
South Korean POSCO Holdings, its subsidiary POSCO International and UAE’s Abu Dhabi National Oil Company (ADNOC) have signed a strategic cooperation agreement (SCA) for a joint investigation of clean hydrogen production business. According to the agreement, the three parties will jointly propel the
HD KSOE bags $241 million order for two ammonia carriers
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received an order to build two very large ammonia carriers (VLACs) for a shipping company based in Africa.
Fugro settles in South Korea
Fugro has opened a new office in South Korea as part of a joint venture with South Korean marine technology company UST21 in support of the local offshore wind sector. The new office called Fugro UST21 and located in Incheon will provide geo-data solutions for South Korea’s offshore renewable energy
MOL joins Woodside, HD KSOE, and Hyundai Glovis to study liquid hydrogen transport
Japanese shipping company Mitsui O.S.K. Lines (MOL) has teamed up with Australian energy major Woodside and South Korea’s HD Korea Shipbuilding and Offshore Engineering (HD KSOE) and Hyundai Glovis to study the development of shipping solutions for bulk marine transportation of liquid hydrogen. Wood
MidOcean Energy to acquire 20% stake in Peru LNG
MidOcean Energy, an LNG company formed and managed by investment company EIG, has entered into a definitive agreement with energy company SK Earthon to acquire SK’s 20% interest in Peru LNG (PLNG). PLNG owns and operates the first LNG export plant in South America, located in Pampa Melchorita, 170 k
Euroseas takes delivery of third eco 2,800 TEU containership
Greek shipowner and operator Euroseas has taken delivery of M/V Tender Soul, the third eco EEDI Phase 3, 2,800 TEU feeder containership from Hyundai Mipo Dockyard Co. in South Korea.
GasLog’s newbuild LNG carrier duo hits the water in South Korea
South Korean shipbuilder Hanwha Ocean, formerly known as DSME, has launched two LNG carriers built for Greek LNG shipping services provider GasLog. GasLog shared the milestone via social media on February 7. The launching ceremony for two LNG carriers, which will be named GasLog Italy and Marvel Pho
New UK-Belgian joint venture buys 25-year-old cable-layer
UK’s Enshore Subsea and Belgian Herbosch-Kiere have partnered to purchase a 25-year-old cable-laying vessel (CLV) in a newly created joint venture. Herbosch-Kiere and Enshore Subsea have purchased the 1999-built, 88-meter-long Topaz Installer vessel, set to be renamed CMOS Installer. The vessel is m
Samsung Heavy Industries lands massive $3.4B order for 15 LNG carriers
South Korean shipbuilding major Samsung Heavy Industries (SHI) has secured a contract to construct fifteen liquefied natural gas (LNG) carriers for an undisclosed shipping company from the Middle East.
KSOE bolstering efforts on nuclear propulsion for ships
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (KSOE), a sub-holdings company of HD Hyundai, has entered into a cooperation deal with prominent nuclear power companies Core Power and TerraPower to develop nuclear power for ships. The move is being announced following a
Purus Marine orders another dual-fuel ethane carrier from HD KSOE
UK-based shipping company Purus Marine has ordered an additional dual-fuel very large ethane carrier (VLEC) from South Korean shipbuilding giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE).