South Korea

DHT Antelope
Alternative Fuels

DHT Holdings takes delivery of first of four South Korea-made VLCCs

Bermuda-headquartered crude oil tanker company DHT Holdings has taken delivery of the first of four very large crude carriers (VLCCs) being constructed in South Korea. The VLCC DHT Antelope was delivered on January 2 from Hanwha Ocean and is set to enter the spot market. Another vessel is scheduled

about 10 months ago
A large vessel at sea
Clean Fuel

Order for new LNG vessel trio lands on Korean player’s plate

Greece-headquartered shipping player Capital Clean Energy Carriers Corp. (CCEC) has tasked South Korea’s HD Hyundai Samho (Hyundai) to construct three liquefied natural gas (LNG) carriers (LNGC) set for delivery in 2028 and 2029.

about 10 months ago
Illustration; Courtesy of Knutsen
Business & Finance

Edison shakes hands with Knutsen for new LNG vessel to be built by Hanwha Ocean

Asian shipbuilder Hanwha Ocean will construct a new vessel for the transport of liquefied natural gas (LNG), with a capacity of 174,000 cubic meters at Geoje (Okpo), in South Korea, thanks to a deal Norway’s Edison made with shipowner Knutsen OAS Shipping.

about 11 months ago
Naming ceremony; Source: K Line
Clean Fuel

Vessel pair destined to be part of QatarEnergy’s LNG fleet gets naming ceremony out of the way

Japan’s maritime transport player, Kawasaki Kisen Kaisha (K Line), has confirmed a naming ceremony for two liquefied natural gas (LNG) carriers at HD Hyundai Heavy Industries’ shipbuilding facility.

about 11 months ago
HD Hyundai
Business Developments & Projects

HD Hyundai and HMM shake hands on $1.46B LNG dual-fuel containership deal

South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company for HD Hyundai’s shipbuilding business, has inked a ‘major’ contract with compatriot maritime transport company HMM for eight 13,400 TEU dual-fuel boxships. As disclosed, the order for the ultra-la

about 11 months ago
HD Hyundai
Business Developments & Projects

South Korea: HD Hyundai becomes world’s 1st shipbuilder to deliver 5,000 vessels

South Korea’s HD Hyundai has become the world’s first shipbuilder to build and deliver 5,000 ships, marking half a century since its first vessel delivery in 1974.

about 11 months ago
HMM
Clean Fuel

HMM, BGN unit form LPG shipping JV

HMM, South Korea’s largest national carrier, has partnered with B-International Shipping and Logistics, a part of the Swiss BGN group of companies, to establish a joint venture in Singapore.

about 1 year ago
Amogy bags $15M strategic investment from South Korean partner
Ammonia

Amogy bags $15M strategic investment from South Korean partner

U.S. ammonia-to-power solutions provider Amogy has raised a $15 million strategic investment from South Korea’s GS E&C to accelerate the deployment of ammonia-based, carbon-free distributed power solutions.

about 1 year ago
Maritime players strike digital optimization partnership
Energy Efficiency & Innovation

Maritime players strike digital optimization partnership

Switzerland-based turbocharger producer Accelleron and South Korea’s HD Hyundai Marine Solution, a marine technology provider operating under HD Hyundai, have entered into an agreement aimed at ‘boosting’ the integration of ship management and optimization tools. Under the terms of the contract the

about 1 year ago
Amogy and SHI strike multi-year deal for ammonia-to-power systems manufacturing
Alternative Fuels

Amogy and SHI strike multi-year deal for ammonia-to-power systems manufacturing

U.S.-based provider of ammonia-to-power solutions Amogy and South Korea’s shipbuilding major Samsung Heavy Industries (SHI) have signed a multi-year strategic contract for the manufacturing of Amogy’s ammonia-to-power systems.

about 1 year ago
Hyundai Motor signs MoU to advance hydrogen port development in Pyeongtaek
Alternative Fuels

Hyundai Motor signs MoU to advance hydrogen port development in Pyeongtaek

South Korean conglomerate Hyundai Motor Group (HMG) has entered a multilateral memorandum of understanding (MoU) with Pyeongtaek City and key partners to develop carbon-neutral hydrogen port initiatives, aiming to establish a Korean model for port decarbonization and contribute to national carbon-ne

about 1 year ago
AET orders LNG dual-fuel Suezmax duo
Alternative Fuels

AET orders LNG dual-fuel Suezmax duo

AET has awarded shipbuilding contracts to South Korea’s Samsung Heavy Industries (SHI) for two LNG dual-fuel Suezmax tankers.

about 1 year ago