South Korea

Samsung Heavy inks order for six LNG-fuelled boxships
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a contract for the construction of six LNG-powered containerships.

DSME develops onboard CCS technology
South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has developed a technology that can collect and store carbon dioxide generated during ship operations.

DSME wins order for 4 LNG carriers
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for four liquefied natural gas (LNG) carriers, exceeding its 2021 order target.

Wärtsilä reliquefaction tech picked for 3 new Knutsen LNG carriers
Finnish technology group Wärtsilä’s Compact Reliq reliquefaction plant will be installed on three new LNG carriers built for Norway-based Knutsen OAS Shipping.

Hyundai Heavy orders GTT tank design for 3 new LNG carriers
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered tank design for three new LNG carriers from French containment specialist GTT.

Samsung Heavy eyes Russian icebreaking LNG carriers order
South Korean shipbuilder Samsung Heavy Industries has been in talks with Russian contractors to build icebreaking LNG carriers for $2.6 billion.

GTT scores LNG tank design order from Hyundai Samho
French LNG containment specialist GTT has received an order for the tank design of two new LNG carriers from the Korean shipyard Hyundai Samho Heavy Industries (HSHI).

Hyundai Glovis signs gas shipping deal with Trafigura
Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, has entered into an agreement with Switzerland-based commodity trading company Trafigura to deliver ammonia and liquefied natural gas (LPG) from 2024.

SK strives to become leading hydrogen provider by 2025
South Korea’s green energy company SK E&S has presented plans for hydrogen business from traditional LNG in energy sourcing to grow its corporate value of 35 trillion won ($30.15 billion) by 2025.

Latsco takes delivery of LNG carrier Hellas Athina
South Korean shipyard Hyundai Samho Heavy Industries has delivered Greek shipowner Latsco the second LNG vessel Hellas Athina.

MOL to buy shares in FSUs to serve Russia’s LNG projects
Japanese shipper Mitsui O.S.K. Lines (MOL) has signed a deal with Russia’s state-owned leasing company GTLK to buy stakes in two large floating LNG storage units (FSU).

HHI starts work on PGNiG-chartered LNG carrier
South Korean shipyard Hyundai Heavy Industries (HHI) held a steel-cutting ceremony for the first out of four LNG carriers that Norway’s shipping company Knutsen charted to Poland’s LNG importer PGNiG.