South Korea
- Environment
325,000 dwt giant bulker gets the wind rotor treatment, Vale keen on further sail investments
The largest ship to date has had wind propulsion kit fixed to its deck. Pan Ocean’s 325,000 dwt very large…
Read More » - Shipyards
Hyundai Mipo to spearhead Korean efforts to develop CO2 carriers
Hyundai Mipo Dockyard (HMD) is pressing ahead with plans to commercialise ships capable of transporting carbon dioxide. To this end,…
Read More » - Gas
KSS Line inks VLGC contracts with Hyundai Heavy
Hyundai Heavy Industries of South Korea has won an order from compatriot KSS Line to build two dual-fuelled VLGCs. The…
Read More » - Containers
KMTC enters the Africa market
South Korean intra-Asia specialist Korea Marine Transport Co (KMTC) is branching out with a new service to East Africa starting…
Read More » - Renewables
Hyundai Heavy pursues green hydrogen project in Sea of Japan
South Korean shipbuilder Hyundai Heavy Industries (HHI) has partnered with nine companies, including state-run Korea National Oil Corporation (KNOC), on…
Read More » - Containers
SM Line acquires classic panamax boxship from Borealis
South Korean shipping firm SM Line is expanding its fleet with the acquisition of 2009-built 4,228 teu boxship from UK-based…
Read More » - Gas
Petronas adds three LNG newbuilds with Hyundai charter
Malaysia’s Petronas has signed a time charter deal with Hyundai LNG Shipping (HLS) for three newbuild 174,000 cu m LNG…
Read More » - Tankers
Ace contracts Dae Sun for up to eight chemical tankers
South Korean yard Dae Sun Shipbuilding has won contracts from Ace Tankers for four firm 33,000 dwt stainless steel chemical…
Read More » - Gas
DSME wins LPG orders
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has signed a KRW184.5bn ($166.5m) deal to build two LPG carriers for…
Read More » - Asia
DNV surveyors in South Korea go on strike
Employees of classification society DNV have gone on strike in South Korea since Monday. A spokesperson for DNV Maritime told…
Read More » - Tech
Hyundai Heavy develops AI safety solution
The world’s first class and flag approval for an artificial intelligence-based fire monitoring system in the shipbuilding industry has been…
Read More » - Tankers
Sonangol splashes $137m on suezmax pair
South Korean yard Hyundai Samho Heavy Industries has won a KRW153bn ($137m) contract from Angola’s state-run oil company Sonangol. The…
Read More » - Tankers
Euronav contracts Hyundai Samho to build ammonia-ready VLCCs
Belgian tanker giant Euronav has placed orders at Hyundai Samho in South Korea for two firm LNG-ready VLCCs, with an…
Read More » - Shipyards
Hyundai Heavy and DSME enter final round for giant Petrobras FPSO contract
Two of South Korea’s largest yards are in the final round competing against each other for the largest FPSO contract…
Read More » - Environment
Koreans collaborate on GHG reduction goals
Classification society Korean Register (KR) and South Korean shipbuilder Hyundai Heavy Industry (HHI) have signed a memorandum of understanding (MOU)…
Read More » - Bunkering
Pan Ocean wins LNG bukering deal with Shell
South Korean owner Pan Ocean said Monday it has signed a time charter deal with Shell for an LNG bunkering…
Read More » - Shipyards
South Korea’s top shipyards make carbon neutral pledge
South Korea’s six largest shipbuilding groups yesterday made a joint declaration to achieve carbon neutrality by 2050. The group, which…
Read More » - Tankers
Iran frees Korean chemical tanker
Iran has finally released the , a South Korean tanker and its captain today. The ship had been detained since…
Read More » - Renewables
SK E&C and Posco team up on Korean-style floating offshore wind model
Two South Korean firms, SK Engineering & Construction (SK E&C) and Posco, have joined forces to work on a competitive…
Read More » - Renewables
Samsung Heavy wins approvals for wind turbine installation vessel
South Korean shipyard Samsung Heavy Industries (SHI) has scored a hat-trick of approvals in principle (AiPs) for its LNG +…
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