South Korea
South Korean duo sets out to promote domestic LNG bunkering business
South Korea’s trading company POSCO International has signed a memorandum of understanding (MoU) with Korea Southern Power to promote the domestic LNG bunkering business.
Long-term, project-based contracts lead South Korean cable maker to ‘record order backlog’
South Korean Taihan Cable & Solution has reported a record order backlog of KRW 3.25 trillion (approximately €2 billion) as of the end of August, surpassing KRW 3 trillion for the first time ever and marking an all-time high. This represents a 3.5-fold increase from KRW 945.5 billion at the end of 2
Navios and HJSC shake hands on methanol-ready boxship quartet order
Greece-headquartered dry cargo vessel owner and operator Navios Maritime Partners has placed an order for a quartet of methanol-ready container vessels at a shipyard based in South Korea. According to Greek shipbroker Intermodal, the four units, which will boast a capacity of 8,850 TEUs, are to be c
Yang Ming books Taiwan’s ‘first’ ammonia-ready dual-fuel containerships from Hanwha Ocean
Taiwanese shipping company Yang Ming Marine Transport Corporation has commissioned South Korean shipbuilding heavyweight Hanwha Ocean to construct a septet of 16,000 TEU dual-fuel boxships powered by liquefied natural gas (LNG). As disclosed, the shipbuilding contract was signed on September 16. It
HD Hyundai’s safety solution for ammonia-fueled ships gets KR’s stamp of approval
Classification society Korean Register (KR) has granted approval in principle (AIP) for Hi-CLEARS, a safety solution for ammonia-fueled ships, developed by the affiliates of South Korean conglomerate HD Hyundai – HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (
DNV okays HD Hyundai Mipo’s ammonia dual-fuel medium gas carrier with FWD accommodation
DNV has awarded an approval in principle (AiP) to HD Hyundai Mipo for an ammonia dual-fuel medium gas carrier (MGC) design featuring a forward (FWD) accommodation layout.
Tsuneishi Shipbuilding marks handover of HMM’s eco-friendly 42,200 dwt bulker as done
Japan-based Tsuneishi Shipbuilding recently delivered an environmentally friendly 42,200 dwt bulk carrier Ocean Ariel to South Korean maritime transportation major HMM. As disclosed, the 26,700 GT bulker, engineered based on Tsuneishi Shipbuilding’s TESS42 design, was handed over to its owner on Aug
ABS approves Hanwha’s LNG carrier ammonia gas turbine conversion design
Hawnha Power Systems has received approval in principle (AiP) from ABS for the ammonia fuel gas turbine conversion design aimed at 174,000 cbm LNG carriers.
South Korean IMO Type-C tank design for eco-friendly fuels secures KR approval
South Korean ship makers HD Hyundai Mipo and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) have received approval from Korean Register (KR) for their IMO Type-C tank as part of efforts to meet the growing demand for eco-friendly fuels such as LNG, ammonia, and hydrogen.
KOMAC’s LNG-fueled hydrogen-ready LCO2 carrier gets RINA’s nod of approval
RINA has awarded KOMAC the approval in principle (AiP) for a newly developed 40,000 cbm LNG-fueled, H2-ready LCO2 carrier.
DNV greenlights Samsung Heavy Industries’ 80,000 cbm liquefied hydrogen carrier design
DNV has awarded approval in principle (AiP) to Samsung Heavy Industries (SHI) for its 80,000 cbm liquefied hydrogen (LH2) carrier design.
Everllence and Hyundai shake hands on next-gen ammonia-powered gas carrier
Germany’s engine maker Everllence (formerly MAN Energy Solutions) has initiated a strategic collaboration with Hyundai Heavy Industries Engine Division and HD Hyundai Mipo, part of the South Korean Hyundai Group, to develop a next-generation ammonia-fueled medium gas carrier.