South Korea
Samsung Heavy Industries pens $172mln deal for crude carrier duo
South Korean shipbuilder Samsung Heavy Industries (SHI) has signed a contract for the construction of two crude carriers.
Yang Ming, HD Hyundai Heavy Industries seal deal for five 15,500 TEU LNG-fuelled containerships
Taiwanese shipping company Yang Ming Marine Transportation Corporation has signed a contract with South Korea’s shipbuilding major HD Hyundai Heavy Industries Co., for the en bloc construction of five 15,500 TEU LNG dual fuel container vessels. These new vessels are scheduled to be delivered in 2026
KSOE to build two product carriers for Canadian shipowner under $95.9mln deal
South Korean shipbuilding company HD Korea Shipbuilding & Offshore Engineering Co. has revealed it has signed a contract for the construction of two product carriers.
Fourth dual-fuel VLGC joins Avance Gas’ fleet
Norwegian shipping company Avance Gas has welcomed the fourth dual-fuel very large gas carrier (VLGC) to its fleet. The company took delivery of the 91,000 cbm carrier, Avance Avior, on 30 May from South Korean shipbuilder Hanwha Ocean, which recently rebranded from Daewoo Shipbuilding & Marine Engi
KSOE enjoying ordering spree, inks $93.3mln deal for product carrier duo
South Korean shipbuilding company HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has received a contract for the construction of two product carriers.
EU and South Korea launch Green Partnership
The European Union (EU) and South Korea have established a Green Partnership to strengthen bilateral cooperation and exchange best practices on climate action, clean and fair energy transition, protection of the environment and other fields of the green transition. The partnership was launched in Ko
KSOE bags $311 million deal for boxship quintet
South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has been awarded a contract for the construction of five containerships for an undisclosed shipown
SHI reveals new LNG carriers and containerships designs
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has announced the development of innovative LNG carriers and containerships during the “Samsung Technical Seminar in Athens” (Samsung Technology Road Show) in Athens, Greece. The company unveiled its “3 Cargo Tank LNGC” and “Eco Container Ship
Report: HMM linked to potential acquisition of Hyundai LNG Shipping
South Korean shipping behemoth HMM has reportedly entered the fray in the race to acquire Hyundai LNG Shipping, the nation’s leading transporter of liquefied natural gas (LNG). Market reports indicate that HMM has made its intentions known to IMM Private Equity, expressing its desire to conduct due
Hyundai Mipo Dockyard wins deal for product carrier pair
South Korean shipbuilder Hyundai Mipo Dockyard Co. has secured a lucrative order worth 117.3 billion won ($87.6 million) to construct two product carriers for an unnamed African shipper. According to a regulatory filing from today, Hyundai Mipo Dockyard will construct these petrochemical product-car
Cheniere and KOSPO enter long-term LNG sale and purchase agreement
Cheniere Marketing International, a subsidiary of LNG producer and exporter Cheniere Energy, has signed a long-term LNG sale and purchase agreement (SPA) with the energy company Korea Southern Power (KOSPO). Under the SPA, KOSPO agreed to purchase approximately 0.4 million tonnes per annum (MTPA) of
In focus: It’s all about the chemistry
In the quest for a future-proof world it is all about chemistry. Matter like carbon dioxide, methane, ammonia, methanol and, last but not least, hydrogen are dominating the headlines when it comes to global warming and sustainable solutions. The industry is puzzling how curb one and developing the o