South Korea
KSOE reveals price tag for Maersk’s eight-ship order
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) has revealed the order price for a total of eight methanol-powered containerships to be built for Danish container shipping giant Maersk.
Samsung Heavy Industries launches GasLog’s new LNG carrier
South Korean shipbuilder Samsung Heavy Industries (SHI) has launched GasLog Winchester, GasLog-s LNG carrier newbuild.
LNG carrier Adamastos delivered to Capital Gas
Greek ship operator Capital Gas has taken delivery of its new LNG carrier Adamastos from South Korea’s shipyard Hyundai Heavy Industries.
In focus: New clean fuel-powered vessels coming to market as investments in renewables and decarbonisation continue
Energy transition developments have not hit the pause button amid the summer vacation season and new updates on investments in renewable energy, decarbonisation, and moving away from fossil fuels continued filling our headlines this week, with all of these efforts from the offshore energy and shippi
Next-gen FSRU system cuts fuel consumption, CO2 emissions by 50 pct
Fuel consumption and CO2 emissions of new generation floating storage regasification units (FSRUs) can be reduced by 50 per cent at maximum rated regas flow rate compared to conventional existing FSRUs, a new demonstration test found.
Samsung Heavy delivers Celsius Carolina LNG tanker
South Korea’s Samsung Heavy Industries (SHI) has delivered Celsius Carolina, the last of four LNG tankers it built for Denmark’s Celsius Shipping.
HMM posts “highest profit ever” in H1 2021
South Korean shipping major HMM reported KRW 2408.2 billion ($2 billion) operating profit, “the highest ever” in the first half of 2021.
South Korea puts forward tax rebates for LNG bunkering
Starting next year, South Korea will offer tax rebates for LNG-fueled ships on its path towards becoming a regional LNG bunkering hub.
Murphy Oil awaits the arrival of King’s Quay FPS in Gulf of Mexico
Murphy Oil is expecting its floating production system for the King’s Quay project to reach a shore base in the Gulf of Mexico soon.
Hyundai Heavy lands order to build Shenandoah FPS for Gulf of Mexico
Beacon Offshore has signed a contract with Hyundai Heavy to deliver a floating production and storage unit for the Shenandoah project.
Hyundai LNG orders one more LNG carrier at DSME
South Korean shipping company Hyundai LNG Shipping has placed an order for an additional 174,000 cbm liquified natural gas (LNG) carrier with compatriot Daewoo Shipbuilding & Marine Engineering (DSME).
DSME delivers new LNG carrier Isabella to Maran Gas
South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) has delivered the new LNG carrier named Isabella to Greece’s Maran Gas, the gas shipping unit of Angelicoussis Shipping Group.