South Korea
South Korean and US ports formalize green shipping corridor agreement
South Korea’s Busan Port Authority (BPA) and the Ulsan Port Authority and the United States’ Northwest Seaport Alliance (NWSA), the Port of Tacoma (PoT) and the Port of Seattle have penned a formal agreement aiming to strengthen efforts in establishing a green shipping corridor. As officials from en
Hyundai Motor breaks ground on hydrogen fuel cell facility in South Korea
Hyundai Motor Company, a subsidiary of South Korean conglomerate Hyundai Motor Group (HMG), has held a groundbreaking ceremony for its new hydrogen fuel cell production plant in Ulsan, South Korea.
Singapore and Korea to establish green and digital shipping corridor
Singapore and Korea have joined forces to establish Green and Digital Shipping Corridor (GDSC).
Hyundai Motor and Singapore’s EDB partner to develop low-carbon and hydrogen solutions
South Korean conglomerate Hyundai Motor Group (HMG) has signed a memorandum of understanding (MoU) with the Economic Development Board (EDB) of Singapore to identify opportunities to develop low-carbon technologies, including hydrogen.
HD Hyundai and Siemens ink pact to ‘boost’ innovation in US shipbuilding
South Korea’s shipbuilding heavyweight HD Hyundai and German multinational technology conglomerate Siemens have penned an agreement to speed up the digitalization and modernization of the United States’ vessel construction industry. Under the memorandum of understanding (MoU) that the two companies
HD KSOE wins DNV AiP for SMR-powered 15,000 TEU containership design
Classification society DNV has awarded South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (HD KSOE) approval in principle (AiP) for a new 15,000 TEU container vessel design powered by small modular reactor (SMR) technology.
Next-gen zero-carbon ship propulsion: HMM embarks on R&D collab with Hanwha Group, KR
South Korean shipping major HMM has signed a memorandum of understanding (MoU) with four subsidiaries of compatriot Hanwha Group (Hanwha Power Systems, Hanwha Ocean, Hanwha Aerospace, Hanwha Systems) and classification society Korean Register (KR) to jointly develop a next-generation zero-carbon pro
ClassNK awards early stamp of approval to SHI’s autonomous navigation software
Japanese classification society Nippon Kaiji Kyokai (better known as ClassNK) has given a technology qualification (TQ) certificate for a component of South Korean shipbuilding giant Samsung Heavy Industries’ (SHI) autonomous navigation solution. As disclosed, the TQ—which is issued for solutions ba
Geotechnical surveys wrap up at Ørsted’s 1.4 GW offshore wind project in South Korea
Fugro UST21, a joint venture between Fugro and Underwater Survey Technology 21 (UST21), has completed offshore geotechnical site investigations for Ørsted’s 1.4 GW Incheon offshore wind farm in South Korea. Fugro’s geo-data will support the design of foundations and cable routes across the whole dev
UCL: Climate transition could hit South Korean, Chinese, and European shipping financiers hardest
European, Chinese and South Korean financiers have over half of their portfolio tied to oil and gas carriers that are most at risk of becoming stranded assets in the global rush to shift to a low-carbon energy system, a new report by UCL’s Energy Institute Shipping and Oceans Research Group suggests
Haesong Offshore Wind, KEPCO partner on smart fault detection tech for subsea cables
South Korea’s Haesong Offshore Wind has signed a Memorandum of Understanding (MoU) with Korea Electric Power Corporation (KEPCO) to introduce Smart Fault Locator (SFL) technology for submarine cable fault detection. The Haseong Offshore Wind 1-3 projects are managed and funded by Copenhagen Infrastr
Evergreen’s fleet expansion proceeds with fresh $2.8B order for LNG dual-fuel ships
Taiwanese container shipping company Evergreen Marine Corporation has commissioned Chinese and South Korean shipyards to build a total of 14 LNG dual-fuel containerships in its latest fleet expansion move.