South Korea
Altera names LNG-powered shuttle tanker trio
South Korea’s Samsung Heavy Industries held a naming ceremony for three LNG-powered shuttle tankers being built for Altera Infrastructure, previously known as Teekay Offshore. The vessels in question are the 130,000 dwt Current Spirit, and the 103,000 dwt Altera Wave and Altera Wind. Due to Covid-19
CMA CGM-chartered LNG boxship completes gas trials
The first in a series of six LNG-powered neo-Panamax containerships being built for Singapore’s Eastern Pacific Shipping has completed gas trials in South Korea. The ship named Tenere will be chartered by CMA CGM that is also building a series of giant LNG-fueled vessels. The French firm will charte
Another vessel set to join Flex LNG fleet
Norwegian shipping company Flex LNG will add another vessel to its fleet next week boosting the total number of carriers in operation to eight. South Korea’s DSME will deliver the 173,400-cbm Flex Artemis on August 17, according the firm controlled by billionaire John Fredriksen. Once delivered, the
Flex takes delivery of its first 2020 LNG newbuild
Norway-based shipping company Flex LNG has taken the delivery of its first newbuild carrier for this year and expects additional vessels to follow shortly. South Korea’s Hyundai Samho Heavy Industries delivered the 174,000-cbm Flex Aurora on Wednesday. The LNG shipping company controlled by billiona
Newly-formed E4C Shipping behind tanker order at Hyundai Mipo
E4C Shipping Pte Ltd, a newly-formed joint venture company, has ordered two medium-range (MR) product tankers from South Korea’s Hyundai Mipo Dockyard (HMD).
Ocean Sun lands floating solar deal in South Korea
Norwegian floating solar specialist Ocean Sun and South Korean firm EN Technologies have entered a technology license agreement for installation of Ocean Sun floating solar solution behind the Saemangeum Seawall. Specifically, the deal covers a demonstration system with a follow-on option for minimu
Kogas, partners to form Korean LNG bunkering JV
South Korea’s Kogas and five compatriots are joining forces to set up a LNG bunkering joint venture in the country. The other Korean companies are Busan Port Corp, steel-maker Posco, refiner S-Oil, Daewoo Logistics, and shipper Hyundai Glovis. The partners signed a collaboration deal on Tuesday and
BW takes delivery of ME-GI LNG newbuild
BW’s LNG unit has on Friday taken delivery of a newbuild ME-GI carrier from South Korea’s Daewoo Shipbuilding and Marine Engineering. The BW Pavilion Aranthera is BW’s fifth ME-GI vessel with re-liquefaction system in a series of nine ships. Shipping data shows that the 173,400-cbm LNG carrier is he
Equinor floats 800 MW floating wind project offshore South Korea
Equinor has started conducting wind measurements to investigate the possibility of developing and constructing an 800 MW floating offshore wind project in South Korea. Two floating wind speed measurement installations using LiDAR technology have been deployed in the East Sea from Ulsan to conduct me
GTT bags order for Novatek LNG FSUs
France’s GTT has secured an order from South Korea’s DSME for the tank design of Novatek’s two floating LNG storage units. Daewoo said earlier this month it will build the two FSUs for about 901.3 billion won ($751 million). The deal includes an option for two additional units. The storage and trans
Watch: Samkang sends off TPC jackets
Following the first load-out of the jacket foundations built by Samkang for the TPC Phase 1 wind farm in Taiwan, the South Korean manufacturer has now shared a video showing the process. Back in May, Jan De Nul completed the load-out of the first four of the 21 jacket foundations built for the 109.2
Daewoo E&C consortium wins Ulsan LNG contract
A consortium led by South Korea’s Daewoo Engineering & Construction has won a contract to build a liquefied natural gas tank terminal in the Port of Ulsan. Daewoo E&C holds a 51 per cent of the consortium while compatriot SK E&C holds the remaining 49 per cent. Korea Energy Terminal (KET), a joint v