South Korea

Another cable manufacturer wraps up test for 525 kV HVDC cable
South Korean cable manufacturer LS Cable & System has completed official certification for its 525 kV cross-linked polyethylene (XLPE) high-voltage direct current (HVDC) system. According to the company, the long-term reliability (pre-qualification) test of the HVDC submarine and underground cables

VLCCs with world’s 1st high-manganese steel LNG fuel tanks named
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has held a naming ceremony for two dual-fuel very large crude oil carriers (VLCCs) equipped with liquefied natural gas (LNG) fuel tanks made of high manganese steel.

Samsung Heavy Industries delivers new LNG carrier to Minerva
Greek shipping company Minerva has taken delivery of the newbuild liquefied natural gas (LNG) carrier Minerva Amorgos. The delivery took place on 14 October at Samsung Heavy Industries in Geoje, South Korea. Minerva Amorgos is a 174,000 m3 LNG carrier which features WinGD XDF propulsion, Mark III Fl

DSME partners with McDermott’s firm to develop liquefied H2 carrier
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) has partnered with CB&I, a unit of U.S. energy engineering and construction solutions provider McDermott, to develop technologies for a large liquid hydrogen carrier.

GTT nets new tank design order from Samsung Heavy for four LNG carriers
French LNG containment specialist GTT has scored a new order from the South Korean shipyard Samsung Heavy Industries for the tank design of four new liquefied natural gas (LNG) carriers. The tank design order includes two on behalf of an Asian ship owner and two on behalf of an American ship owner.

ACWA Power and KEPCO forge green hydrogen/ammonia alliance
Saudi developer of green hydrogen projects ACWA Power and South Korean electric utilities provider Korea Electric Power Corporation (KEPCO) have teamed up to develop green hydrogen/ammonia projects to decarbonise KEPCO’s operations. The companies have signed an extensive memorandum of understanding

DSME verifies its onboard carbon capture system on an LNG carrier
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has completed a verification test of its carbon capture and storage technology on board an LNG carrier. The onboard carbon capture and storage (OCCS) has been jointly developed with Hi Air Korea, a producer of equipment for hea

KSOE, Shell and partners to demonstrate fuel cell-powered ship operations
South Korean shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE), a unit of Hyundai Heavy Industries (HHI) Group, is launching a demonstration project to apply fuel cells, which are seen as a next-generation energy source, to large vessels. On 11 October, KSOE signed a consortium agreement

Sumitomo and LOTTE to jointly pursue hydrogen and ammonia projects
Japanese general trading company Sumitomo Corporation and South Korean chemical manufacturer LOTTE Chemical have agreed to collaborate on hydrogen and ammonia, accelerating efforts to achieve a decarbonised society in their respective countries. Sumitomo and LOTTE Chemical have signed a memorandum o

DSME inks $1.4 bln conditional takeover deal with Hanwha
South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has entered into a tentative deal with compatriot conglomerate Hanwha Group on the acquisition of a 49.3 percent stake and management rights in return for $1.4 billion. Under the terms of the Memorandum of Understanding,

Jacobs hired for green hydrogen feasibility study in South Korea
Texas-based engineering services company Jacobs has secured a contract with South Korean offshore wind farm project developer Elenergy to conduct a feasibility study for a new green hydrogen production and import facility in South Korea. The facility will provide locally produced and imported green

Green energy corridor to connect Queensland and Korea
Three of Korea’s large conglomerate groups have formed a new consortium to use hydrogen potential and build a green energy export corridor between North Queensland and north-east Asia.