South Korea

Samsung Heavy picks GTT tank design for 6 new LNG-fueled container ships
Korean shipyard Samsung Heavy Industries (SHI) has ordered the tank design for six new LNG-fueled container vessels from the French LNG containment specialist GTT.

Exmar taps South Korean firm to develop new type of CO2 carrier
Belgium-based shipowner Exmar has joined forces with South Korean tech company Lattice Technology to work on the development of a new type of CO2 carrier.

Hyundai Mipo cuts steel for 1st smart electric passenger ship
South Korea’s shipbuilder Hyundai Mipo Dockyard is building an electric propulsion and LNG-fueled passenger ship that integrates various information and communication technologies.

GE Power Conversion PTO system for Maran Gas’ new LNG carrier
Korean shipyard Samsung Heavy Industries (SHI) has awarded GE Power Conversion a contract to supply its SeaGreen Power take-off (PTO) system for Maran Gas’ new LNG carrier.

Hyundai Glovis teams up with Air Products on hydrogen supply chain
Hyundai Glovis, the logistics arm of Korean Hyundai Group, has signed a deal with U.S.-based hydrogen and LNG supplier Air Products to work on establishing a global hydrogen supply chain.

Celsius Tankers orders 4 Gunvor-chartered LNG carriers from Samsung Heavy
Danish ship owning company Celsius Tankers has ordered a new series of LNG carriers from Korean shipyard Samsung Heavy Industries that will be chartered to Swiss LNG trading company Gunvor.

Samsung Heavy lands $1.7 billion order for seven shuttle tankers
South Korean shipbuilding company Samsung Heavy Industries (SHI) has received an order to provide design, parts and blocks for seven shuttle tankers.

Bank of Korea to help Greek shipowner in financing newbuilds
The Export-Import Bank of Korea will provide financing to the Greek Angelicoussis Shipping Group in its large ships orders at Korean shipyards.

Samsung Heavy, LG Innotek develop 1st eco generator for ships
South Korean shipbuilding company Samsung Heavy Industries (SHI) has joined forces with compatriot tech company LG Innotek to develop the world’s first thermo-electric generator to be used on ships.

HHI orders GTT tech for 2 new LNG-fueled container vessels
Korean shipyard Hyundai Heavy Industries (HHI) has ordered cryogenic fuel tanks design of two LNG-fueled container vessels from French containment specialist GTT.

Mitsui hires IINO’s ammonia fuel-ready carrier
Japan’s shipping company Mitsui & Co., Ltd. has signed a time charter agreement with compatriot firm IINO Kaiun Kaisha for a 23,000 cbm ammonia fuel-ready ammonia carrier.

Wärtsilä systems for two Capital Gas LNG carriers
The Finnish technology group Wärtsilä will supply four shaft generator systems for two LNG Carrier vessels that the Sout Korean shipyard Hyundai Heavy Industries is building for the Greek ship management service provider Capital Gas.