South Korea

Swedish tidal energy developer sees South Korea as ‘highly attractive market’
Swedish tidal energy developer Minesto has taken part in a high-level delegation visit to South Korea, a country that the company finds highly attractive due to its “extensive tidal and ocean current resources”. Minesto CEO Martin Edlund was part of a Swedish high-level delegation to South Korea aim

CMA CGM strengthens LNG-powered fleet with latest newbuild
French shipping colossal CMA CGM has marked the delivery of its newest container vessel powered by liquefied natural gas (LNG) as complete. As disclosed in a social media post, the CMA CGM Syracuse’s formal entrance to the Marseille-based maritime transport company’s fleet was officiated in South Ko

CMA CGM’s newest methanol dual-fuel boxship christened in South Korea
France-based maritime transport heavyweight CMA CGM has held a naming ceremony for its brand-new dual-fuel container vessel powered by methanol. According to the company’s social media post, the 13,000 TEU vessel was formally christened CMA CGM Helium at a yard in South Korea. The newbuilding—which

Hanwha conducts pioneering LNG transfer between ships under sea trials
Hanwha Ocean has completed what it says is the world’s first ship-to-ship(STS) transfer of liquefied natural gas (LNG) between vessels under sea trials.

Next-gen autonomous tech from HD Hyundai Group greenlit by ABS, ready for real-ship demo
The US-based classification society American Bureau of Shipping (ABS) has granted approval in principle (AIP) for a next-generation autonomous technology developed by South Korean shipbuilders HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Heavy Industries (HD HHI) and HD Hyundai

K Shipbuilding to build 2+2 LNG/methanol-ready tankers for Greek shipowner
South Korea’s K Shipbuilding (KSB) has clinched a contract to construct two alternative fuel-ready 50,000 dwt tankers for Greece-based shipowner Lastco. According to Greek shipbroker Intermodal, K Shipbuilding is set to build two future-fit vessels that will come with methanol-ready and liquefied na

NYK Stolt Tankers opts for two additional chemical tankers at Chinese shipyard
NYK Stolt Tankers (NST), a joint venture between shipping companies NYK Line and Stolt Tankers, has decided to order two additional parcel chemical tankers at Nantong Xiangyu Shipyard in China.

South Korean subsea cable factory breaks ground
South Korean Taihan Cable & Solution has begun the construction of its second submarine cable manufacturing facility, which will once operational deliver a production capacity nearly five times greater than the company’s first submarine cable plant. The Dangjin Submarine Cable Plant 2 is located at

Al Seer Marine-BGN JV welcomes Merak into gas/ammonia carrier fleet
ABGC DMCC, a joint venture of Al Seer Marine and BGN, has taken delivery of Merak, a dual-fuel very large gas carrier (VLGC) equipped with ammonia-carrying capability.

TotalEnergies to supply South Korean player with LNG until 2033
France’s energy giant TotalEnergies has secured a multi-year deal to provide liquefied natural gas (LNG) to South Korea’s HD Hyundai Chemical. This boosts the French player’s LNG sales growth.

Methanex launches methanol bunkering services in ARA region and South Korea
Methanex Corporation, a Canadian producer and supplier of methanol, has entered new strategic bunkering partnerships in two major fueling hubs – the Amsterdam-Rotterdam-Antwerp (ARA) region and South Korea.

Maersk’s methanol fleet enriched by latest dual-fuel containership
Denmark-based container shipping giant A.P. Moller – Maersk has taken delivery of the third methanol dual-fuel boxship in a series of six being built at a yard in South Korea. According to a social media post, Maersk welcomed the latest 17,480 TEU unit in mid-September, following an official christe