South Korea

Wind-assisted ship propulsion for VLCCs and LNGCs gets BV’s green light
Classification society Bureau Veritas has awarded an approval in principle to Hyundai Heavy Industries Co. – Hyundai Global Service CO. (HHI), TotalEnergies Gas & Power, and Mitsui O.S.K. Lines (MOL), for wind-assisted ship propulsion (WASP) on a very large crude carrier (VLCC) and a liquefied natur

Samsung Heavy Industries nets $518mln deal for two LNG carriers
South Korean shipbuilding company Samsung Heavy Industries (SHI) has received an order to construct two liquified natural gas (LNG) carriers.

HD HHI gets KR’s approval for new type of tank shape for liquefied gases and fuels
Korean Register (KR) has awarded an Approval in Principle (AIP) to HD Hyundai Heavy Industries (HD HHI) for a new type of tank shape with sloshing-restrained technology designed for various liquefied gases and fuels.

KSOE’s low-carbon methanol supply system gets ABS’ nod
South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering (KSOE) has received approval in principle (AIP) from classification society ABS for methanol low-flashpoint fuel supply system (LFSS).

LX International enters LNG terminal business
South Korean commodity trading and mining company LX International has announced it will partner with POSCO International to build LNG storage tanks and facilities in Dangjin, Chungcheongnam-do, and enter the LNG terminal business to lease and operate the facilities. To this end, LX International, P

Hyundai Heavy taps GTT for tank design of four new LNGCs
French LNG containment specialist GTT has received an order from its South Korean partner HD Hyundai Heavy Industries (HHI) for the tank design of four new liquefied natural gas carriers (LNGCs). According to GTT, the order was made on behalf of an Asian shipowner. The LNG carriers will each offer a

SHI wins approval from KR for 40,000 m3 LCO2 carrier
A 40,000 m3 LCO2 carrier developed by South Korea’s Samsung Heavy Industries (SHI) has secured Approval in Principle (AIP) from compatriot Korean Register (KR). The certificate was presented during a ceremony held at Nor-Shipping 2023 in Oslo, Norway on 7 June. The achievement is the result of a col

Hanwha Ocean receives ABS’ AiP for onboard carbon capture system
South Korean shipbuilder Hanwha Ocean, formerly Daewoo Shipbuilding and Marine Engineering (DSME), has received ABS’ approval in principle (AIP) for onboard carbon capture technology.

SHI secures DNV’s 1st D-INF(S) approval for data collection system
South Korean shipbuilder Samsung Heavy Industries (SHI) has become the world’s first shipyard to receive DNV’s D-INF(S) type approval for the SVESSEL BIG data collection system.

KR backs methanol-fueled MR tanker jointly developed with Korean partners
Korean Register (KR) has granted an Approval in Principle (AiP) for a methanol-fueled MR tanker, jointly developed by KR, South Korean shipbuilder K Shipbuilding and equipment manufacturer S&SYS. The MR tanker is designed as a dual-fuel vessel, harnessing the power of marine gas oil (MGO) and methan

World’s 1st 22,000 cbm multi-gas carrier gets LR, LISCR nod
Lloyd’s Register (LR) and the Liberian International Ship & Corporate Registry (LISCR) have awarded design approval to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hyundai Mipo Dockyard (HMD) for the development of the world’s first 22,000cbm multi-gas carrier.

QatarEnergy: Steel cut for first Korean LNG carrier as part of fleet expansion
State-owned LNG giant QatarEnergy has celebrated the steel cutting of the first of its new generation of chartered LNG carriers to be built at a South Korean shipyard as part of its LNG fleet expansion project. On 3 June, QatarEnergy said it joined the shipbuilder Samsung Heavy Industries and JP Mor