South Korea
Hyundai Mipo strikes order to build LPG carrier quartet
South Korean shipbuilding company Hyundai Mipo Dockyard, a part of HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), has received a contract to build four liquefied petroleum gas (LPG) carriers.
Eastern Pacific linked to dual-fuelled VLGC quartet worth $400 mln
Singapore-based ship management company Eastern Pacific Shipping (EPS) has reportedly placed an order for four very large carriers (VLGCs), splashing $100 million apiece. According to broker reports, the company has placed an order for two dual-fuel 93,000 cbm VLGCs at Hyundai Samho and two more at
HMM to trial marine biofuels on its mega containerships as it partners with GS Caltex
South Korea’s flagship carrier HMM has signed a Memorandum of Understanding (MoU) with GS Caltex to secure marine biofuels. HMM said that it also plans to conduct the trial use of the fuels on its three 24,000 TEU containerships in the second half of this year. The marine biofuels comprise 30 percen
Korea’s first ammonia FSRU wins LR’s green light
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) and Korea Shipbuilding & Offshore Engineering (KSOE) for their ammonia floating storage re-gasification unit (FSRU), the first of its kind in Korea. HHI’s ammonia-FSRU will store liquefied ammonia tran
Idemitsu, KEPCO unite on blue ammonia supply chain in Japan and Korea
Energy company Idemitsu Kosan has signed a memorandum of understanding (MoU) with Korea Electric Power Corporation (KEPCO) to collaborate on the establishment of a blue/carbon-free ammonia supply chain in Japan and Korea. The companies will jointly do a study on the procurement, marine transportatio
SHI, KHNP and Seaborg to develop floating nuclear plants
South Korean shipbuilding major Samsung Heavy Industries (SHI) has teamed up with a Denmark-based startup focused on nuclear reactor technology Seaborg Technologies and Korea Hydro & Nuclear Power (KHNP), an owner and operator of nuclear power plants, in a consortium that aims to develop floating nu
Alpha Gas welcomes newbuild 174,000 cbm LNG carrier
Greek ship management company Alpha Gas has taken delivery of its new LNG carrier from South Korean shipyard Hyundai Samho Heavy Industries (HSHI). With a cargo capacity of 174,000 cbm, the LNG carrier Energy Fidelity is the newest addition to Alpha Gas’ in-house commercial and technical management.
HMM joins hands with LOTTE Fine Chemical on ammonia shipping
South Korean shipping major HMM has signed a Memorandum of Understanding (MoU) with compatriot specialty chemicals company LOTTE Fine Chemical for the marine transportation of ammonia. The MoU also covers the bunkering of ammonia and methanol fuel and comes after HMM made a major order for methanol-
FueLNG names its newest LNG bunker vessel
FueLNG, a joint venture between Keppel O&M and Shell Singapore Pte. Ltd., has named its newest LNG bunker vessel. The newest addition to FueLNG’s fleet was named FueLNG Venosa at a ceremony held on 21 April at Hyundai Mipo Dockyard in Ulsan, South Korea. Chartered from Korea Line LNG, the LNG bunker
Seaspan names two more LNG-fueled boxships for charter with ZIM
Following ZIM Sammy Ofer, two additional 15,000 TEU LNG-powered containerships that will join the chartered fleet of Israeli shipping company ZIM Integrated Shipping Services under the agreement with Seaspan Corporation have been named in South Korea. According to ZIM’s social media update, the nami
HMM to trial onboard carbon capture on a containership
South Korean shipping major HMM plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships along with Samsung Heavy Industries (SHI) and PANASIA in the second half of this year. OCCS is an advanced technology to capture CO2 from greenhouse gas emissions generated duri
Grimaldi’s new multipurpose vessel to slash CO2 emissions by 43pct per tonne transported
The Grimaldi Group took delivery of their multipurpose vessel the Great Antwerp on Tuesday at the Hyundai Mipo Dockyard in Ulsan, South Korea. The delivery of the new ship was celebrated with a ceremony. This is the first of the six multipurpose ro-ro units commissioned from the Korean company just