South Korea

KSOE lands another LPG carrier deal
South Korean shipyard Korea Shipbuilding & Offshore Engineering Co. (KSOE) has received another order for the construction of one liquified petroleum gas (LPG) carrier.

KSOE clinches $199 million deal for LPG carrier duo
South Korean Korea Shipbuilding & Offshore Engineering Co. (KSOE) has signed a deal with an undisclosed shipowner for the construction of two liquefied petroleum gas (LPG) carriers.

South Korea’s first dual-fuel, smart electric ship christened
Ulsan Taehwa, South Korea’s first electric, dual-fuel smart passenger ship that integrates various information and communication technologies has been christened in Ulsan.

Hyundai Heavy to develop ammonia FSRU
Focusing on ammonia as one of the next-generation eco-friendly energy sources, South Korean shipbuilder Hyundai Heavy Industries Group (HHI) has joined forces with Korea National Oil Corporation (KNOC) to develop an ammonia floating storage and regasification unit (FSRU). Ammonia FSRU is a ship that

Saipem buying drillship from Samsung Heavy as market demand ‘significantly exceeds’ supply
Saipem has decided to buy an ultra-deepwater drillship from Samsung Heavy Industries to strengthen its offshore drilling fleet.

Geoview completes geophysical survey for Equinor’s floating wind project offshore South Korea
South Korea’s ocean exploration company, Geoview, has completed the marine geophysical survey for Equinor’s Firefly floating offshore wind farm in Ulsan. In the first half of 2022, Geoview won an ocean exploration project from Equinor for the first time as a Korean company. Geoview specializes in ma

World’s largest LPG/Midsize gas carriers to feature Wärtsilä’s equipment
Finnish technology group Wärtsilä has been selected to provide cargo handling and fuel supply systems for Exmar LPG’s two LPG/Midsize gas carrier vessels.

KSOE lands $308 million deal for very large ethane carrier pair
South Korean shipbuilding company Korea Shipbuilding & Offshore Engineering Co. (KSOE) has inked a contract to build two very large ethane carriers for an Asian shipowner.

Celsius Tankers behind order for ‘ultra-eco’ LNG carrier at SHI
Danish shipowner Celsius Tankers has ordered a liquefied natural gas (LNG) carrier from South Korean shipbuilding company Samsung Heavy Industries (SHI).

Samsung Heavy bags $250 million deal to build LNG carrier
South Korean shipbuilder Samsung Heavy Industries (SHI) has won a contract to construct one LNG carrier for KRW 331.3 billion ($250 million).

How is the transition to renewables faring in the midst of a global energy crisis?
Westwood Global Energy has done a deep dive into the impact of the energy crisis on the energy transition to a sustainable, green future.

Seapeak behind order for five LNG carriers at Samsung Heavy
Bermuda-headquartered Seapeak has confirmed it signed a contract with South Korean shipbuilder Samsung Heavy Industries (SHI) for the construction of five LNG carriers.