South Korea
SHI secures deal for two ammonia carriers
South Korean shipbuilding major Samsung Heavy Industries (SHI) has won a 310.8 billion won ($240 million) contract to construct two very large ammonia and liquefied petroleum gas (LPG) carriers for a shipping company based in Oceania. The agreement mandates Samsung Heavy to complete and deliver the
Korean Register okays HMM’s methanol dual-fuel retrofit boxship design
Classification society Korean Register (KR) has awarded approval in principle (AiP) for the methanol dual-fuel retrofit design of HMM’s 16,000 TEU containership.
Amogy joins forces with Mitsubishi for adoption of ammonia cracking tech in Japan and South Korea
The US-based ammonia power solutions company Amogy and Japan’s Mitsubishi Corporation have teamed up to accelerate the adoption of Amogy’s ammonia-to-power and ammonia cracking technology in large-scale hydrogen carrier applications in East Asia, particularly Japan and South Korea. In collaboration
Two newbuild drillships join Valaris rig fleet
Valaris Limited has taken delivery of two newbuild drillships from Daewoo Shipbuilding & Marine Engineering (DSME), after exercising the option to buy them.
Hyundai Mipo delivers Grimaldi’s 3rd G5-class multipurpose RoRo
The Neapolitan shipping group Grimaldi has taken delivery of the third ro-ro multipurpose unit belonging to its “G5” class of vessels named the Great Tema. The RoRo was built at the Hyundai Mipo Dockyard Co. Ltd shipyard in Ulsan, South Korea, and it is intended for maritime transport services betwe
Harim emerges as HMM’s preferred bidder
A consortium led by Harim Group, the parent company of bulker operator Pan Ocean, has secured its position as the preferred bidder for the acquisition of South Korean shipping company HMM, Harim confirmed earlier today in a regulatory filing. The consortium, comprising Harim and its private equity p
Samsung Heavy ordered to pay $290 million to SK Shipping over LNG carrier defects
South Korean shipbuilder Samsung Heavy Industries (SHI) has received a court order to pay KRW 378 billion (about $290 million) to compatriot SK Shipping due to defects in the cargo holds of two liquefied natural gas (LNG) carriers.
Zodiac Maritime, HD KSOE & partners team up on nuclear propulsion
UK-based shipping company Zodiac Maritime has teamed up with Lloyd’s Register (LR), South Korean shipbuilder HD KSOE and power plant design and engineering company KEPCO E&C in a joint development project for the research and development of nuclear-propelled ship designs. The companies have signed a
Fourth LNG carrier for charter with ORLEN delivered to Knutsen
Norwegian shipowner Knutsen Group has welcomed the fourth newbuild LNG carrier, Ignacy Łukasiewicz, that will be chartered to Poland’s PGNiG Supply & Trading, a part of ORLEN Group. South Korean shipyard Hyundai Samho Heavy Industries (HSHI) delivered the 174,000 cubic meter vessel to Knutsen on Dec
Vinssen delivers hydrogen fuel cells for pilot project in Singapore
South Korean producer of electric and hydrogen hybrid propulsion systems Vinssen has tested and delivered a hydrogen fuel cell system for a trial project that aims to test hydrogen as a marine fuel. In order to deliver the system, Vinssen collaborated with Shell Singapore as the project sponsor, Sea
HD Hyundai Heavy Industries hands out commissioning deal for Gulf of Mexico FPU to Gate Energy
Gate Energy has been awarded a commissioning contract for an FPU destined for Woodside’s deepwater oil project in the Gulf of Mexico.
Euronav brings its ammonia-powered VLCC tally to three, adds two Suezmax orders to the mix
Belgian tanker company Euronav NV confirmed this morning that it has lifted the option for one more very large crude carrier (VLCC) at Chinese shipyard Qingdao Beihai and ordered two Suezmaxes at Daehan Shipbuilding in South Korea. The confirmation comes on the heels of shipbroker reports on the ord