South Korea
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Containers
CMA CGM unveils new-look boxship
From yards in Asia, new look containerships are emerging from drydocks as the sector ushers in a greener era, spending…
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Renewables
Aker Solutions, Principle Power score work on Korean 1GW floating wind project
Copenhagen Infrastructure Partners (CIP) has awarded a front-end engineering and design (FEED) contract to Aker Solutions and Principle Power for…
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Gas
Top names in shipbuilding, energy and shipowning join forces to develop liquefied hydrogen carriers
The nascent seaborne liquefied hydrogen trades have received a big boost with Japan’s largest shipowner teaming with South Korea’s largest…
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Tankers
ExxonMobil lines up shuttle tanker newbuilds
US supermajor ExxonMobil has reserved up to four slots for shuttle tanker newbuilds in South Korea. Shipbuilding sources report Samsung…
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Dry Cargo
Polaris Shipping CEO jailed as takeover stalls and fleet culled
Polaris Shipping, one of South Korea’s largest shipowners, is enduring turbulent times, its CEO sentenced, a proposed takeover on the…
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Containers
HMM privatisation process collapses
The long planned privatisation plans for South Korea’s flagship carrier lie in ruin today. Harim Group, whose bid with a…
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Renewables
Kim Heng seals vessel deal in Korean offshore wind sector
Kim Heng had signed a vessel framework agreement with an unnamed global offshore wind farm developer in Korea. The Singapore-headquartered…
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Gas
QatarEnergy contracts Samsung Heavy for 15 LNG carriers
QatarEnergy’s fleet expansion scheme proceeds apace with a contract signed today for 15 LNG carriers with Samsung Heavy Industries, the…
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Shipyards
South Korea’s largest shipbuilder makes nuclear move
HD Korea Shipbuilding & Offshore Engineering (KSOE), a sub-holdings company of HD Hyundai, has held a joint research and technology…
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Gas
Capital Gas back at Hyundai Mipo for more liquefied CO2 carriers
Greece’s Capital Gas Ship Management Corp has returned to Hyundai Mipo Dockyard in South Korea for two more liquefied carbon…
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Environment
Results published from shipping’s first-ever full cradle-to-grave lifecycle assessment
Results have been published of shipping’s first-ever full cradle-to-grave lifecycle assessment of a vessel from the raw materials dug from…
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Tankers
VLCC newbuild slots for 2027 sell out in China and South Korea
Available VLCC berths at the world’s top two shipbuilding nations have all but dried up for 2027. Tanker broker Gibson…
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Gas
Purus adds one more ethane carrier at Hyundai Heavy
UK shipowner Purus Marine has expanded its fleet of 98,000 cu m very large ethane carriers (VLEC) to three vessels,…
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Operations
Wallenius Wilhelmsen expands fleet, seals new transport deal
Car carrier operator Wallenius Wilhelmsen has signed a multi-year shipping contract with an undisclosed South Korean construction machinery company and…
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Gas
Greeks raise bets on ammonia trades
Shipowners have continued to secure berths for very large ammonia carriers (VLACs) in South Korea, with Greek players named as…
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Tankers
KSS Line takes Scorpio MR tanker
In the middle of last week, New York-listed Scorpio Tankers revealed that it had sealed a deal to sell a…
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Operations
UHT, Dongbang form heavy lift and deck carrier alliance
Germany’s United Heavy Transport (UHT) and South Korean shipping company Dongbang Transport Logistics have formed a new strategic alliance which…
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Shipyards
Hanwha Ocean suspends production after fatal incident
Hanwha Ocean has suspended production at its Okpo Shipyard on Geoje Island after a fatal accident on Friday. Local media…
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Tankers
Pertamina International Shipping orders 15 product tankers at Hyundai Mipo
Indonesia’s Pertamina International Shipping (PIS) is bolstering its fleet with a newbuilding deal for 15 MR product tankers in South…
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Gas
Nakilat orders six gas carrier newbuilds in South Korea
Qatari LNG shipping giant Nakilat is expanding its fleet with six gas carrier newbuilds at Hyundai Samho Heavy Industries in…
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