South Korea

Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA
IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.

KR approves HHI’s LNG-fueled large LCO2 carrier design
South Korean classification society Korean Register (KR) has issued approval in principle (AiP) to compatriot shipbuilding company Hyundai Heavy Industries (HHI) for the concept design of a 40,000 cbm liquefied carbon dioxide (LCO2) carrier running on liquefied natural gas (LNG). As informed, KR and

Samsung Heavy chooses GTT tank design for three new LNG carriers
South Korean shipyard Samsung Heavy Industries (SHI) has ordered the tank design for three new LNG carriers from the French LNG containment specialist GTT.

Samsung Heavy picks GTT tank design for two new LNG carriers
Korean shipyard Samsung Heavy Industries (SHI) has ordered the tank design for two new LNG carriers from the French LNG containment specialist GTT.

Knutsen orders Wärtsilä reliquefaction tech for three more LNG carriers
The Compact Reliq reliquefaction plant from Finnish technology group Wärtsilä will be installed on three more LNG carriers for Norway-based Knutsen OAS Shipping.

KSOE wins DNV’s AiP for new LNG fuel supply system
South Korean shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE) and its subsidiary Hyundai Heavy Industries (HHI) have received an approval in principle (AiP) from classification society DNV for their newly developed waste heat-derived liquified natural gas (LNG) fuel supply system.

HJ Shipbuilding bags $240M order for LNG-fueled boxship pair
South Korean shipbuilder HJ Shipbuilding & Construction (HJSC) has received an order to build two eco-friendly containerships for an undisclosed European shipowner.

Subsea 7 targets better offshore wind foothold in South Korea with new office
Subsea 7 has opened a new office in Seoul, South Korea, as it aims to better support the local offshore wind market. According to Subsea 7, South Korea is emerging to be an important market for both fixed and floating offshore wind and the move is set to support the country in achieving its ambitiou

Hyundai Samho picks GTT tank design for four LNG-fuelled containerships
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the cryogenic fuel tanks for four new LNG-fuelled container vessels from French LNG containme

LR okays K Shipbuilding’s LNG-fueled containership design
Maritime classification society Lloyd’s Register (LR) has granted an approval in principle (AiP) for K Shipbuilding’s design of a 7,700 TEU liquefied natural gas (LNG)-powered containership.

KOGAS and TotalEnergies to cooperate on LNG and energy transition
Korean public LNG company Korea Gas Corporation (KOGAS) and French energy giant TotalEnergies have signed an LNG trading business deal.

KSOE scores order for LNG carrier duo
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) has received an order for the construction of two liquefied natural gas (LNG) carriers.