South Korea

Report: EU blocks HHI’s mega acquisition deal with DSME
The European Union (EU) has achieved a consensus to prevent South Korean shipbuilding group Hyundai Heavy Industries (HHI) to finalize the proposed acquisition of rival Daewoo Shipbuilding & Marine Engineering (DSME), Korea Times writes citing government sources.

DSME orders GTT tank design for new LNG carrier
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has ordered tank design from French LNG containment specialist GTT for a new LNG carrier.

Mitsui and GS join TA’ZIZ in blue ammonia project
Japan’s Mitsui and Korea’s GS Energy have partnered up with TA’ZIZ and Fertiglobe to develop the world-scale low-carbon blue ammonia facility at TA’ZIZ in Ruwais, Abu Dhabi.

SHI’s smart ship design wins Bureau Veritas cyber security AiP
South Korean shipbuilder Samsung Heavy Industries (SHI) has received an Approval in Principle (AiP) under Bureau Veritas’ (BV) Cyber Managed Prepared notation for its smart ship solution.

Coral-Sul FLNG vessel ready to serve Mozambique
Italian oil and gas company Eni held the naming and sail away ceremony of the Coral-Sul FLNG at Samsung Heavy Industries shipyard in Geoje, South Korea. With a capacity of 3.4 million tonnes of LNG annually, the FLNG vessel will be located in the Rovuma basin offshore Mozambique. It marks the first

DSME scores order for LNG carrier duo
South Korean shipbuilding company Daewoo Shipbuilding and Marine Engineering has received an order for two liquefied natural gas (LNG) carriers from Maran Gas Maritime, a subsidiary of the Angelicoussis Group, the largest shipping company in Greece.

Eni: Coral-Sul FLNG project is on track
Italian oil and gas company Eni said the Coral-Sul FLNG project for Mozambique is on track, with the FLNG vessel being completed at Samsun Heavy shipyard in South Korea.

QatarEnergy orders six Korean LNG carriers for expansion projects
State-owned petroleum firm QatarEnergy has placed the first batch of liquified natural gas (LNG) shipbuilding orders with Korean shipyards as part of its plans to meet future LNG carrier requirements.

Korean university develops systems to boost LNG ships energy efficiency
Korea Maritime & Ocean University developed two new heat recovery systems that can boost energy efficiency in LNG ships.

DSME delivers third LNG carrier to Nakilat
South Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering (DSME) has delivered the third of four liquefied natural gas (LNG) newbuild carriers built for Qatari shipping and maritime company Nakilat.

Doosan Fuel Cell to develop hydrogen fuel cells using biogas
South Korean fuel cell manufacturer Doosan Fuel Cell has signed an agreement with compatriot Korea Western Power Co. and KEPCO Engineering & Construction Company to develop technology that directly injects pure biogas from unused biogas into hydrogen fuel cells.

Samsung Heavy bags order for LNG carrier quartet
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a contract for the construction of four liquefied natural gas (LNG) carriers.