South Korea
WATCH: Avance Gas’ third dual-fuel VLGC takes to gas trials
Avance Rigel, Avance Gas’ third newbuild very large gas carrier (VLGC), has completed gas trials outside Daewoo Shipbuilding & Marine Engineering (DSME) yard in South Korea. The trials took place in January 2023 prior to the vessel’s delivery which is scheduled for early February 2023. The Avance Ri
Hyundai Samho taps GTT for tank design of ASYAD’s LNG carriers
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the tank design of two liquefied natural gas (LNG) carriers from French LNG containment specialist GTT. According to GTT’s statement, the tank design order was placed on behalf of a Middle Eastern shipowner at the beginning of 2023. T
GTT-KFTC update: Supreme court suspends Seoul High Court’s decision
Following an appeal from French LNG containment specialist GTT, the Supreme Court of Korea has decided to suspend the execution of the Seoul High Court’s decision concerning GTT’s obligation to separate technology license and technical assistance if requested by the shipyards. On 1 December 2022, th
MOL welcomes new methanol-fueled methanol carrier
Japanese shipping company Mitsui O.S.K. Lines (MOL) has taken delivery of the newbuild dual-fuel methanol carrier from South Korean shipyard Hyundai Mipo Dockyard. The naming ceremony and delivery of the Cypress Sun took place on January 17, MOL informed. The vessel measures 186 metres in length and
KSOE nets $505 million deal for LNG carrier pair
South Korean shipbuilding major Korea Shipbuilding & Offshore Engineering (KSOE) has secured an order for two liquefied natural gas (LNG) carriers.
Development of TA’ZIZ ammonia facility in Abu Dhabi gains ground
ADNOC’s Abu Dhabi Chemicals Derivatives Company (TA’ZIZ) has signed a shareholder agreement with Fertiglobe, a strategic partnership between ADNOC and OCI Company, South Korea’s GS Energy Corporation, and Japan’s Mitsui & Co to develop a 1 million tonnes per annum low-carbon ammonia production facil
MISC, Mitsui and SHI to collaborate on CCS value chain
Malaysian energy logistics group MISC Berhad (MISC) has joined forces with South Korean shipbuilder Samsung Heavy Industries (SHI), Japanese trading company Mitsui & Co. and international technology group Andritz to explore opportunities for carbon capture and storage (CCS) solutions in the maritime
GTT nets LNGC and VLECs tank design orders
French LNG containment specialist GTT has received two orders from its partners the Korean shipyards Hyundai Samho Heavy Industries and Hyundai Heavy Industries for, respectively, the tank design of a new liquefied natural gas carrier (LNGC), and the tank design of two new very large ethane carriers
KSOE lands $784 million deal for LNG carrier trio
South Korean shipbuilding heavyweight Korea Shipbuilding & Offshore Engineering (KSOE) has received an order for three liquefied natural gas (LNG) carriers.
GTT receives new orders for LNGCs tank design
French LNG containment specialist GTT has received new orders from its partners, the Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) and the Chinese shipyard Hudong-Zhonghua Shipbuilding, for the tank design of new liquified natural gas carriers (LNGCs). In the fourth quarter of 2022
US company expands subsea product portfolio for offshore wind market
Panduit, a US provider of electrical and network infrastructure solutions, has bought the subsea cable and pipe protection product portfolio and related technologies from South Korea marine manufacturer DongWon EN-Tec (DWE).
Knutsen welcomes new LNG carrier for charter with Shell
Norwegian shipping company Knutsen has taken delivery of a newbuild liquefied natural gas (LNG) carrier Ferrol Knutsen from South Korean Hyundai Samho Heavy Industries (HSHI) shipyard. The delivery of another 174,000 cbm LNG carrier was confirmed in a social media update by Knutsen Group on 12 Janua