South Korea

DNV and LS Cable & System ink subsea cable MOU
DNV and South Korean LS Cable & System have signed a non-exclusive Memorandum of Understanding (MOU) to target emerging subsea cabling opportunities in the offshore wind industry. DNV and LS Cable & System will cooperate in identifying and reducing risk early in the cable manufacturing process, impr

GTT and Korea’s FTC update: favorable decision for GTT
The favorable decision for French LNG containment specialist GTT has been confirmed by the Seoul High Court, rejecting the appeal of the Korea Fair Trade Commission (KFTC).

New LNG carrier Energy Integrity delivered to Alpha Gas
Greek ship management company Alpha Gas has taken delivery of its fourth LNG carrier Energy Integrity.

HHI, HGS complete decarbonisation and digitalisation JDP with ABS
South Korean Hyundai Heavy Industries (HHI), Hyundai Global Service (HGS) and maritime and offshore classification society American Bureau of Shipping (ABS) have sealed a joint development project (JDP) which was concluded with Approval in Principle (AiP) for HGS smart ship technologies.

South Korea to build offshore hydrogen plants powered by floating wind
Ten major South Korean companies, municipalities, and organisations are spearheading a project to develop and build offshore hydrogen production plants powered by floating wind. The first phase of the project includes the construction of a 100 MW demonstration electrolyzer plant in the East Sea. The

SAL supports Arctic LNG 2
German heavy-lift sea transportation company SAL has moved equipment for Novatek’s Arctic LNG 2 project.

SHI completes the trial run of its LNG regasification system
South Korean shipbuilder Samsung Heavy Industries has completed the pilot test of its zero-carbon LNG regasification system named S-REGAS.

KHNP to build Gyeongju hydrogen fuel cell power plant
Korea Hydro & Nuclear Power (KHNP) has signed a MoU for hydrogen fuel cell power generation business in Gyeongju, a South Korean city southeast of Seoul.

Air Products opens hydrogen fueling station in South Korea
American global hydrogen supplier Air Products & Chemicals has unveiled a new hydrogen fueling station at its industrial gases facility in Ulsan City, South Korea.

Approval galore for South Korean wind turbine installation vessel
South Korean ship designer and shipbuilder Samsung Heavy Industries (SHI) has received Approvals in Principle (AiPs) from three classification societies for its wind turbine installation vessel (WTIV) design. SHI’s low carbon emission ECO-WTIV (LNG Fuel + SOFC) model named SLW-FUEL CELL received AiP

Latsco takes delivery of its first LNG tanker
Greek shipowner Latsco has received Hellas Diana from South Korea’s Hyundai Samho Heavy Industries (HSHI), as the first LNG carrier in the fleet.

Hyundai Oilbank and Air Products sign hydrogen MoU
South Korean oil company Hyundai Oilbank has teamed up with global hydrogen supplier Air Products & Chemicals to cooperate on hydrogen production, technology, and business models.