South Korea

Eneti orders second 20 MW wind turbine installation vessel
Eneti Inc. has entered into a binding agreement for the construction of the second next-generation wind turbine installation vessel with South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME). Eneti has exercised an option it held with DSME for the construction of the WTIV. The contract pri

DSME orders GTT tank design for 4 new MOL LNGCs
Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has ordered tank design from French containment specialist GTT for four new LNG carriers it is building for Japanese ship-owner Mitsui O.S.K. Lines (MOL).

GasLog orders 4 LNG carriers from DSME
Greek LNG shipper GasLog has ordered four newbuild LNG carriers from South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME).

SHI and Microsoft join forces for shipyard digitalisation
South Korean shipbuilder Samsung Heavy Industries (SHI) has formed a strategic partnership with its compatriot software company Microsoft Korea to digitalise its shipyards.

Hyundai Steel’s 1st LNG-fueled bulk carrier starts maiden trip
South Korean steel-making company Hyundai Steel has welcomed HL Oceanic, its first LNG-fueled bulk carrier, which started its maiden voyage to Australia.

Biden on a mission to combat rising energy prices and lack of supply by tapping into oil reserves
President Biden ordered the release of oil from the nation’s Strategic Petroleum Reserve in an effort to address rising gas prices.

Korean shipyards order GTT tank design for 3 new LNG carriers
Korean shipyards Hyundai Heavy Industries (HHI) and Hyundai Samho Heavy Industries (HSHI) have ordered the tank design for three new LNG carriers from French containment specialist GTT.

Brand new drillship joins Saipem fleet
A new ultra-deepwater drillship named Santorini has been delivered to Italy’s Saipem by South Korea’s Samsung Heavy Industries.

KSOE bags order for 10 LNG-fuelled boxships
South Korean shipbuilding company Korea Shipbuilding & Offshore Engineering (KSOE) has secured an order for ten liquefied natural gas (LNG)-powered containerships worth approximately KRW 745.6 billion ($627 million).

Jan De Nul, LS Cable complete first subsea cables for Dutch offshore wind farms
LS Cable & System and Jan De Nul have completed the first lot of submarine power cables for the Hollandse Kust Noord and West Alpha offshore wind projects in the Netherlands.

Attalos and Asklipios LNGCs delivered to Capital Product Partners
Shipping company Capital Product Partners (CPLP) has taken delivery of two LNG carriers Attalos and Asklipios from the Korean shipyard Hyundai Heavy Industries.

HSHI picks GTT fuel tanks for 2 new LNG-powered container ships
South Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered fuel tank design from French LNG containment specialist GTT for two LNG-powered container vessels.