South Korea

ABS okays 16,000 TEU containership with electric propulsion from HHI and KSOE
HD HHI and HD KSOE have received approval in principle (AiP) from ABS for the concept design of a 16,000 TEU containership with an electric propulsion system.

LR and HD Hyundai Mipo join forces for 22,000 cbm LNG bunker vessel design
UK classification society Lloyd’s Register (LR) and South Korean shipbuilding player HD Hyundai Mipo have revealed a joint development project (JDP) to design a 22,000 cubic meter (cbm) LNG bunkering vessel.

HD Hyundai Mipo’s 30,000 cbm LNG carrier and bunker vessel design earns stamp of approval
South Korean shipbuilder HD Hyundai Mipo has received approval in principle (AiP) from classification society ABS for its design development of a 30,000 cubic meter (cbm) LNG carrying and bunkering vessel.

Eastern Pacific Shipping receives eco-friendly VLGC from Samsung Heavy Industries
Singapore-based shipowner Eastern Pacific Shipping (EPS) has taken delivery of an environmentally friendly very large gas carrier (VLGC) from South Korea’s shipbuilding heavyweight Samsung Heavy Industries (SHI). As disclosed in a social media post, the vessel—christened Rosablanche—was handed over

HD Hyundai moves forward with smart shipyard project
South Korean shipbuilding conglomerate HD Hyundai is accelerating the creation of an integrated platform for design and production integration to accomplish a smart shipyard, as it has selected preferred negotiating partners.

HD Hyundai Heavy Industries’ floating production unit to sport Liebherr-manufactured cranes
The Liebherr Group’s Liebherr-Rostock GmbH, a European manufacturer of maritime handling solutions, has confirmed that two offshore cranes will be installed on a floating production unit (FPU) being built by HD Hyundai Heavy Industries, a South Korean shipyard.

SHI once again selects Wärtsilä technology for dual-fuel VLEC quintet
Wärtsilä Gas Solutions, an arm of Finland-based technology group Wärtsilä, has been commissioned by South Korea’s giant Samsung Heavy Industries (SHI) to provide its cargo-handling and fuel gas supply system for five dual-fuel very large ethane gas carriers (VLECs). As disclosed, the vessels in ques

‘World’s first’ lower-emission engine for LNG carriers unveiled by Hanwha and WinGD
Marine engine manufacturer Hanwha Engine, part of South Korea’s Hanwha Group, and Swiss marine power company WinGD have marked the production of what is claimed to be the world’s first engine of its kind for installation on liquefied natural gas (LNG) carriers.

German and Korean institutes expand cooperation in hydrogen safety
German Federal Institute for Materials Research and Testing (BAM) and the Korea Institute of Civil Engineering and Building Technology (KICT) have signed a memorandum of understanding (MoU) to expand their cooperation in the field of hydrogen safety.

South Korea to construct ‘first’ commercial biomethanol production site
South Korean clean fuel and renewable energy production company Biofriends and compatriot K-biogas manufacturer Cheongmyeong have penned a memorandum of understanding (MoU) to construct the nation’s ‘first’ commercial-scale biogas-based methanol production plant. The deal, which was signed on August

South Korea’s Hanwha to pour $5B into US Philly Shipyard, orders new batch of ships
South Korean shipbuilder Hanwha Group has unveiled a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting the growth of the U.S. shipbuilding industry through a $150 billion investment fund.

New emission monitoring partnership to ‘bolster’ South Korea’s maritime decarbonization drive
The Korea Ocean Business Corporation (KOBC) has joined forces with compatriot greenhouse gas (GHG) emission monitoring service providers Mapsea Corporation and Ecomarine to support domestic shipping companies in complying with environmental regulations. The agreement, announced on August 21, reporte