South Korea
Crowley charters LNG-fueled boxship quartet from Eastern Pacific Shipping
U.S. shipping and logistics company Crowley has inked a charter contract with Singapore-based Eastern Pacific Shipping (EPS) for four newbuild containerships powered by LNG. The 1,400 TEU vessels will be built by Korea’s Hyundai Mipo Dockyard and are slated for delivery in 2025. Each vessel will fea
HMD’s 30,000cbm LCO2 carrier design gets green light
Hyundai Mipo Dockyard (HMD) has won design approval for the development of the world’s first 30,000cbm liquefied carbon dioxide carrier. The new carrier will incorporate a new type of steel in its tanks, supporting greater efficiencies in the carbon capture and storage (CCS) value chain. The steel u
Hyundai Samho bags LNG-powered PCTC pair
South Korean shipbuilder Hyundai Samho Heavy Industries, a subsidiary of Korea Shipbuilding & Marine Engineering Co., has won an order for the construction of two LNG dual-fuel pure car truck carriers (PCTC). The order is worth KRW 331 billion ( approximately $ 237 million) and it has been placed by
HMM pursues onboard carbon capture solutions with Panasia
South Korean shipping major HMM has signed a Memorandum of Understanding (MoU) with energy system expert Panasia to collaborate on onboard carbon capture system for vessel application. The duo plans to carry out a feasibility study, economic analysis, and risk assessment of capturing CO2 from greenh
Ultra-large LNG-fueled LCO2 carrier wins ABS’ approval
The next-generation ultra-large liquefied carbon dioxide (LCO2) carrier being developed by South Korean shipbuilder Hyundai Heavy Industries Group (HHI) and Hyundai Glovis has obtained approval in principle (AiP) from classification society ABS and the Republic of the Marshall Islands (RMI) Maritime
Study launched to assess power supply for green hydrogen/ammonia project in Malaysia
Five industry players, including Korean construction company Samsung Engineering, have signed a memorandum of understanding (MoU) to study the potential of supplying at least 900MW of hydro-based renewable power for a green hydrogen/ammonia project in Malaysia. The MoU was signed by SEDC Energy, Sar
KR, DSME target large-scale LCO2 carrier development, green fuels
Korean Register (KR) and Daewoo Shipbuilding & Marine Engineering (DSME) have joined forces on the development of a 40,000 cbm liquefied carbon dioxide carrier (LCO2) featuring a next-generation cargo handling system. The demand for vessels capable of transporting carbon dioxide at scale from emissi
HHI gets green light for ammonia-fueled ammonia/LPG carriers design
Classification society ABS has granted approval in principle (AiP) to South Korean shipbuilders Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyard (HMD) for the concept design of two ammonia-fueled liquefied petroleum gas (LPG) carriers. The approval was awarded at Gastech, a global gas, LNG,
DSME and DNV team up to develop wind-assisted propulsion tech
South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) and classification society DNV have signed a memorandum of understanding (MoU) to develop wind assistance propulsion technology. The two parties signed the MoU during this year’s Gastech, a global gas, LNG, hydrogen, and
SHI wins green light for ammonia-ready VLGC design
Samsung Heavy Industries (SHI) has secured approval in principle from the compatriot classification society Korean Register (KR) for the design of an ammonia-fuel ready very large gas carrier (VLGC). The VLGC will be capable of using ammonia as a fuel as well as carrying it as bulk cargo. The design
HHI and partners ink MoU to bring autonomous ship navigation to market
South Korean shipbuilder Hyundai Heavy Industries (HHI), autonomous navigation solutions startup Avikus, classification society Korean Register (KR) and Liberian Registry are collaborating to commercialise autonomous navigation technology. The parties signed a memorandum of understanding (MoU) on 26
As first production draws near, new FPSO sails away to India’s deepwater gas project
A new FPSO has started its journey from South Korea to India to work on a project for partners Reliance and BP. The project is expected to significantly boost the country’s gas output.