South Korea
GTT books new tank design order for LNGC duo from Hyundai Heavy
French LNG containment specialist GTT has received an order from its South Korean partner HD Hyundai Heavy Industries (HHI) for the tank design of two new LNG carriers. South Korean shipyard placed an order on behalf of a European shipowner. The order will see GTT design the tanks of the two vessels
KN and SK E&S to work on international LNG business development
Klaipedos Nafta AB (KN), the developer and operator of petrochemical and LNG terminals, and SK E&S, which is responsible for energy sectors such as LNG, renewables and hydrogen within the SK Group, have signed a Framework Agreement on cooperation opportunities in the field of international LNG busin
South Korea christens first LNG bunker vessel
South Korea has held a naming ceremony for its first domestic liquefied natural gas (LNG) bunker vessel, the country’s Ministry of Trade, Industry and Energy (MOTIE) revealed.
ABS and partners looking into near-shore green hydrogen production in Korea
Classification society American Bureau of Shipping (ABS) and Korean industry leaders have signed a memorandum of understanding (MoU) to conduct a feasibility study for a near-shore floating platform of green hydrogen production and liquefaction. The MoU was signed by ABS, the Korea Institute of Ener
POSCO seals charter deal with H-Line Shipping for LNG carrier
South Korea’s largest trading company POSCO International Corporation has signed a charter agreement with compatriot H-Line Shipping for a liquefied natural gas (LNG) carrier.
DSME sets sail for a fresh start reborn as Hanwha Ocean
South Korea’s shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) is set to undergo a significant transformation under the Hanwha Group. The company will soon be rebranded as Hanwha Ocean, marking a new era for the organization. In an extraordinary board meeting held on May 8, it was
HJSC rolls out new LR-approved LNG bunkering vessel design
South Korean shipbuilder HJ Shipbuilding & Construction (HJSC, formerly Hanjin Heavy Industries & Construction) has developed a new LNG bunkering vessel for which it also obtained approval in principle (AiP) from classification society Lloyd’s Register (LR). The new 7,500 cbm LNG bunkering vessel fo
Nissen Kaiun linked to order for 8 MR2 tankers at Hyundai Mipo
Japanese shipowner Nissen Kaiun has placed a new order for eight tankers, each with a capacity of 50,000 deadweight tons (dwt), according to a recent report from Intermodal. The vessels will be fully compliant with Tier III and EEDI Phase 3 regulations, which sets strict limits on carbon emissions a
Samsung Heavy Industries develops next-generation FLNG
South Korean shipbuilding company Samsung Heavy Industries (SHI) has developed a next-generation floating liquefied natural gas production facility (FLNG) model. It announced that it has received Approval in Principle (AiP) for an FLNG floater independent model (MLF-N, a multi-purpose LNG floater-ne
Glenfarne and Samsung Engineering ally on hydrogen and ammonia projects
Glenfarne Energy Transition, a wholly owned subsidiary of Glenfarne Group, has announced the execution and launch of a collaboration agreement with Samsung Engineering, an EPC&PM company, to complete feasibility studies for multiple green hydrogen and ammonia projects in Chile as part of Glenfarne’s
KSOE bumps up newbuild orders, nets deals for 8 LNG and LPG carriers
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (KSOE) has signed contracts for eight new ships, including six liquified natural gas (LNG) carriers and two liquefied petroleum gas (LPG) carriers.
Maran Tankers welcomes 3rd LNG-powered VLCC into the fleet
A third dual-fuel very large crude carrier (VLCC), named Maran Danae, has been delivered to Maran Tankers Management, an oil tanker shipping unit of the Angelicoussis Shipping Group. South Korean shipbuilder Samsung Heavy Industries (SHI) delivered the ABS-class vessel today, 27 April 2023, and the