South Korea

SHI to build LNG carrier pair under $517 million contract
South Korean shipbuilding company Samsung Heavy Industries has secured an order for two liquefied natural gas (LNG) carriers.

HMD nets $185M contract to build four product tankers
South Korean shipbuilding company Hyundai Mipo Dockyard (HMD), part of HD Hyundai, has received an order for the construction of four new product carriers.

HHI chooses Wärtsilä cargo handling and fuel gas supply systems for VLECs
Finnish technology group Wärtsilä has been contracted by the Hyundai Heavy Industries (HHI) shipyard to supply the cargo handling and integrated fuel gas supply systems for very large ethane carrier (VLEC) vessels. The order, booked by Wärtsilä in Q1 2023, is for two VLECs being built for Japanese s

Hyundai Samho picks GTT tank design for three LNG carriers
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Hyundai Samho Heavy Industries for the tank design of three new LNG carriers (LNGCs) on behalf of an Asian ship-owner. GTT will design the tanks of the three vessels, which will each offer a total

Korean Register teams up with Microsoft Korea
Korean Register (KR) has signed a memorandum of understanding (MOU) with Microsoft Korea to collaborate on digital transformation and enhance their technological capabilities. KR said the aim was to digitally transform the shipbuilding and maritime industry by leveraging fourth-industrial revolution

GoodFuels bunkers Hyundai Glovis’ PCTC with biofuel in Netherlands
Dutch marine biofuel provider GoodFuels has completed the biofuel bunkering of a pure car truck carrier owned by Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group.

DSME cuts steel for GasLog’s 174,000 cbm LNG carrier
Construction of LNG carriers for Greek LNG shipping services provider GasLog has started at Daewoo Shipbuilding & Marine Engineering (DSME) Shipyard in Geoje, South Korea. According to GasLog’s social media update, the construction began with the steel cutting of 174,000 cbm LNG carrier, Hull No. 25

Samsung Heavy Industries taps GTT for tank design of FLNG unit
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Samsung Heavy Industries (SHI) for the tank design of a new floating liquefied natural gas (FLNG) unit, on behalf of an Asian company. GTT said that with a total storage capacity of 200,000 m3, the

KSOE lands $519 million deal to build LNG carrier duo
South Korean shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has inked a deal with an undisclosed shipowner for the construction of two liquefied natural gas (LNG) carriers

“Smartizing” shipping: Samsung Heavy Industries develops a chatbot
South Korean shipbuilding company Samsung Heavy Industries (SHI) has developed SBOT, an artificial intelligence-based chatbot, and applied it to a ship design, stepping up efforts to strengthen its digitalisation.

Hyundai Glovis and GS Energy shake hands on ammonia and hydrogen projects
Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, and compatriot energy company GS Energy have agreed to cooperate in eco-friendly business areas, including clean ammonia and hydrogen. To this end, the parties signed a memorandum of understanding (MoU) on 27 March. Under the MoU, Hyu

DNV gives D-INF(S) type approvals to COSCO, SHI for data collection systems
Chinese company COSCO Shipping and South Korean shipbuilder Samsung Heavy Industries (SHI) have received the world’s first D-INF(S) type approvals from classification society DNV for their data collection systems.