South Korea
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Tankers
Sinokor bags Ridgebury VLCC pair
South Korea’s most active shipowner, Sinokor Merchant Marine, is making waves for the second time in the VLCC segment this…
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Renewables
Doosan Heavy seals long-term wind farm service deal in South Korea
South Korea’s Doosan Heavy Industries & Construction has signed a long-term service agreement with Korea Midland Power (KOMIPO) for providing…
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Dry Cargo
Five Ocean chops and changes it cape fleet
Korean owner Five Ocean Corp has an interesting track record in the secondhand market, picking up ships about every second…
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Renewables
Ocean Winds and Aker Offshore Wind obtain rights for 1.2 GW floater in South Korea
Korea Floating Wind (KF Wind), the joint venture between Ocean Winds and Aker Offshore Wind, has secured its second electric…
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Gas
Koreans in for more LNG carriers
The LNG orderbook to fleet ratio – the highest among all shipping segments – continues to swell with Korean yards…
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Dry Cargo
Dong-A Tanker quits dry bulk with cape sales to Minerva Marine
In the capesize sector, South Korea’s Dong-A Tanker has sold three sister ships – , and to Greece’s Minerva Marine…
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Bunkering
Koreans collaborate to develop solid oxide fuel cells
The Korean Register (KR) has signed an agreement with STX Energy Solutions (STX ES) and Daewoo Shipbuilding & Marine Engineering…
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Shipyards
Hyundai Heavy to reopen Gunsan shipyard
Awash with an enormous backlog of ship orders, Hyundai Heavy Industries (HHI) has announced it will reopen its massive Gunsan…
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Containers
SM Line and 2M end transpacific partnership
South Korean carrier SM Line and 2M Alliance partners Maersk and Mediterranean Shipping Company (MSC) have ended their collaboration on…
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Containers
Sinokor hailed as winning boxship deal of the year
It’s only mid-February but one broker has already made its pick for the containership S&P deal of the year. Compass…
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Operations
H-Line in for more GSI car carriers
South Korean bulker owner H-Line which entered the car carrier sector last year with its first order for 7,000 ceu…
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Containers
Tsakos in for boxship quartet at Hyundai Mipo
Tsakos Shipping and Trading has been revealed as the owner behind an order for four 2,800 teu boxships at Hyundai…
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Containers
Zodiac Maritime in for more DSME boxships
Eyal Ofer-controlled Zodiac Maritime has been revealed by brokers as the owner behind an order for six 16,000 teu LNG-fuelled…
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Gas
Maran Gas books two more LNG newbuilds at DSME
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has landed a new deal with Maria Angelicoussis-led Maran Gas, a gas…
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Tech
Shell and Hyundai Heavy plot marine fuel cell rollout
Shell has come onboard a Korean maritime fuel cell project. The Anglo-Dutch energy giant is joining Doosan Fuel Cell and…
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Tankers
Sinokor swoops for Greek VLCC
Korean shipowner Sinokor Merchant Marine is making waves in the tanker segment for the second time this year. Broker sources…
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Environment
Korean scrubber manufacturer develops carbon capture system in partnership with Samsung Heavy
Another scrubber manufacturer is developing the obvious version 2.0 of their inventions. Class society Korean Register (KR) has awarded approval…
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Containers
Euroseas returns to Hyundai Mipo for more eco feeder boxships
Greek boxship owner Euroseas has returned to South Korea’s Hyundai Mipo Dockyard with a new shipbuilding contract for the construction…
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Gas
MOL seals charter with Mitsui for another LNG carrier newbuild
Japanese shipowner Mitsui OSK Lines (MOL) has sealed a time charter contract with compatriot trading house Mitsui & Co for…
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Shipyards
Koreans forced into a big rethink over what to do with DSME
State-run Korea Development Bank (KDB) has vowed to start again, and to source a local firm willing to take over…
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