South Korea

Steel cut for CoolCo’s 2-stroke LNG carrier
South Korean shipbuilder Hyundai Samho Heavy Industries has started the construction of a 2-stroke LNG carrier for Cool Company (CoolCo). According to CoolCo’s brief social media update, the steel cutting ceremony for the LNG carrier was held on October 10, 2023. The vessel named Kool Panther is one

MOL behind order for $260M LNG carrier at SHI
Japanese shipping major Mitsui O.S.K. Lines (MOL) has placed an order for a liquefied natural gas (LNG) carrier at Samsung Heavy Industries (SHI).

GTT receives new LNGC tank design orders
French LNG containment specialist GTT has received, in the third quarter of 2023, two orders for the tank design of three new liquefied natural gas carriers (LNGCs). The company said the first two LNGCs will be built by the South Korean shipyard HD Hyundai Heavy Industries (HD HHI), on behalf of a E

MYTILINEOS and SK E&S enter energy partnership
Greece’s MYTILINEOS Energy & Metal has signed a memorandum of understanding (MoU) with South Korean SK E&S to explore means of cooperation in the energy sector. Specifically, under the MoU, the companies agreed to cooperate in the following sectors: To note, MYTILINEOS is already a part of the Asian

South Korean company preferred inter-array cable supplier for 532 MW Anma offshore wind farm
Taihan Cable and Solution has been selected as the preferred supplier of submarine cables for the Anma offshore wind farm in South Korea. On October 4, 2023, Taihan signed a preferred supplier agreement with Anma Offshore Wind. Under the agreement, the South Korean company is responsible for supplyi

Industry firsts: HD Korea Shipbuilding to fit Exmar’s LPG carriers with ammonia-powered engines
South Korean shipbuilding major HD Korea Shipbuilding & Marine Engineering will install ammonia dual-fuel engines in two 46,000-cubic-meter medium-sized LPG carriers that are being built for Belgian shipping company Exmar. The vessels, measuring 190 meters in length, 30.4 meters in width, and 18.8 m

LNG Croatia and SK E&S eye LNG and renewables collaboration
Zagreb-based LNG Croatia has signed a joint development agreement with Seoul-based SK E&S for possible cooperation in the field of the LNG industry, renewable energy sources and energy efficiency. LNG Croatia said the two companies will work together on projects for the efficiency of the LNG termina

Yang Ming picks GTT’s tank design for its newbuild LNG-fueled containerships
On behalf of Taiwanese shipping company Yang Ming Marine Transport Corporation, South Korean shipyard HD Hyundai Heavy Industries (HD HHI) has placed an order at French company GTT for the design of the cryogenic fuel tanks of five large LNG-fueled containerships. GTT revealed the order on October 1

Samsung Heavy Industries lands $260 million deal for LNG carrier
South Korean shipbuilding major Samsung Heavy Industries (SHI) has secured an order for the construction of a liquefied natural gas (LNG) carrier. The contract, which is valued at a staggering KRW 350.8 billion ($260 million), was awarded by an unnamed Asian shipowner. The vessel is expected to be c

Beihai’s first 210,000-ton LNG dual-fuel bulk carrier completes sea trial
A 210,000-ton LNG dual-fuel bulk carrier built by Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has completed sea testing. CSSC said that during the trial, the shipowner, ship inspector, shipyard and service providers worked together, made arrangements, coordinate

HHI splashes Maersk’s first large green methanol-powered containership
The first in a new series of twelve new green methanol-powered containerships ordered by Danish shipping giant A.P. Moller Maersk has been launched at South Korea’s shipyard Hyundai Heavy Industries (HHI).

DNV clears Hanwha Ocean’s new 270K LNG carrier design
Classification society DNV presented Hanwha Ocean, the South Korean shipbuilder formerly known as DSME, with an Approval in Principle (AiP) for a 270,000cbm LNG carrier. The new 345m long LNG carrier by Hanwha Ocean was heralded as a “ground-breaking achievement” by Vidar Dolonen, Regional Manager,