South Korea

Capital Gas details deal for world’s 1st 88,000 cbm ammonia carriers
Greek ship management service provider Capital Gas Ship Management has revealed more details about its latest construction deal for two 88,000 cbm very large ammonia carriers (VLAC).

Eastern Pacific pens deal for world’s largest ammonia carrier pair, orders up to 10 more ships from different yards
China’s shipbuilding major Jiangnan Shipbuilding has signed a contract with Singaporean shipping company Eastern Pacific Shipping for the construction of two 93,000 cbm liquid ammonia carriers. The design of the very large ammonia carriers (VLAC) has been derived from the shipbuilder’s fourth genera

EPS inks several MoUs on development of ammonia dual-fuel vessels
Singapore’s Eastern Pacific Shipping (EPS), German MAN Energy Solutions (MAN ES), South Korea’s HD Hyundai Heavy Industries (HHI) and yards from the China State Shipbuilding Corporation (CSSC) have announced a collaboration on the development of ammonia-burning engine that will be fitted to a new fl

K Shipbuilding, KR and partners working on 12K cbm LCO2 carrier design
Korean Register (KR) has signed a Memorandum of Understanding (MoU) with K Shipbuilding, Sunbo Industries and Dongsung Finetec to jointly develop a 12,000 cbm liquefied CO2 (LCO2) carrier design.

DNV greenlights Hanwha Ocean’s LCO2 carrier and noise measurement
South Korean shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), has won an Approval in Principle (AiP) from and an Approval of Service Suppliers (AOSS) from DNV for two innovations: a large-scale liquefied carbon dioxide (LCO2) carrier tank and an underwater

WinGD, Samsung Heavy Industries join forces on ammonia-powered ships
Swiss marine power company WinGD and shipbuilder Samsung Heavy Industries (SHI) have agreed to cooperate on the installation of WinGD’s X-DF-A dual-fuel ammonia engines on forthcoming newbuild vessels. The two companies signed a memorandum of understanding during the Gastech conference in Singapore

ABS, KHIA and UOUFIC sign MoU to develop hydrogen-powered vessel
Classification society ABS signed a memorandum of understanding (MoU) with the Korea Hydrogen Industry Association (KHIA) and the University of Ulsan, Foundation for Industry Cooperation (UOUFIC) to develop a small vessel equipped with electric propulsion using a 350-kW hydrogen fuel cell.

Seaspan welcomes LNG-powered 15,000 TEU ZIM Mount Rainier
Hong Kong-based shipowner Seaspan has taken delivery of the fifth 15,000 TEU containership powered by liquified natural gas (LNG) from South Korean shipbuilding company Samsung Heavy Industries (SHI).

MPC Capital names green methanol-ready boxship duo in South Korea
Hamburg-based asset and investment manager MPC Capital AG has held a christening ceremony for two green methanol-ready containerships at renowned shipyard HJ Shipbuilding & Construction.

Reports: Hapag-Lloyd doesn’t make it to the shortlist in the bid for HMM
The fervent contest to secure ownership of South Korea’s premier shipping enterprise, HMM Co., has recently taken a compelling turn with the entry of Hapag-Lloyd AG, Germany’s foremost container shipping powerhouse. Hapag-Lloyd, Germany’s most prominent and the fifth largest global player, stood as

TMC’s compressors selected for MOL’s six LNG carriers
Hanwha Ocean has selected Norway-based TMC Compressors to deliver the complete marine compressed air system to six LNG carriers the Korean shipbuilder will deliver to Mitsui OSK Lines (MOL).

LNG-bunkering vessel cleared for autonomous navigation
SM Korealine Co., a shipping unit of South Korea’s SM Group, revealed on Monday that its subsidiary Korealine LNG has received official authorization from its flag state of Panama for autonomous sailing operations of its liquefied natural gas (LNG) bunkering ship, named the SM Jeju LNG 2. The LNG bu