South Korea
-
Tankers
Hayfin signs for methanol-ready suezmaxes in South Korea
Hayfin Capital Management has placed an order for up to four methanol-ready suezmax tankers in South Korea. The UK alternative…
Read More » -
Operations
Hyundai Glovis lines up orders for world’s largest car carriers
South Korea’s Hyundai Glovis is set to build the world’s largest pure car and truck carriers. The shipping and logistics…
Read More » -
Renewables
South Koreans reveal $14bn offshore wind partnership
HD Hyundai Electric has signed a memorandum of understanding with Pacifico Energy Korea, CS Wind, Korea Ocean Engineering & Consultants…
Read More » -
Gas
Korean yards seal bumper Qatar gas carrier orders
South Korea’s president, Yoon Suk Yeol, is jetting back home having concluded an incredibly successful trade mission to Qatar with…
Read More » -
Shipyards
Korean shipyard seeks bank protection
Shipbuilding might be enjoying record-long orderbooks and elevated prices, but margins remain wafer-thin for many as evidenced in South Korea…
Read More » -
Operations
Intellian and Inmarsat developing next-gen maritime safety terminal
Satellite communications tech provider Intellian Technologies and Viasat-owned Inmarsat Maritime have signed a Memorandum of Understanding (MoU) for the development…
Read More » -
Offshore
Fredriksen-backed Northern Drilling readies to fight Hanwha arbitration award
John Fredriksen-backed rig investment company Northern Drilling will seek permission to appeal against a ruling by a London tribunal after…
Read More » -
Shipyards
HD Hyundai teams with Siemens to develop smart shipyards
South Korea’s largest shipbuilder HD Hyundai has signed a deal with German engineering giant Siemens to turn its shipyards into…
Read More » -
Containers
Samsung Heavy debuts tech to counter overboard containers
South Korean shipbuilder Samsung Heavy Industries has revealed its latest invention called Special Structure Anti-Container Loss (SSA-CL), using homegrown technology…
Read More » -
Bunkering
Exmar takes the lead with ammonia-powered gas carriers set to deliver in 2026
Belgian owner Exmar will become the first shipowner in the world to take delivery of ammonia powered ships in the…
Read More » -
Gas
MOL returns to Samsung for one more LNG newbuild
Japanese shipowner Mitsui OSK Lines has returned to Samsung Heavy Industries with an order for one more LNG carrier. In…
Read More » -
Renewables
CIP and SK E&S press ahead with South Korean 99 MW offshore wind farm
Danish fund manager Copenhagen Infrastructure Partners (CIP) and its South Korean joint venture partner SK E&S have reached a financial…
Read More » -
Tech
HD Hyundai invests in European fuel cell manufacturer
Korea Shipbuilding & Offshore Engineering, a member of HD Hyundai Group, has invested $48m in fuel cell developer Elcogen. HD…
Read More » -
Shipyards
Koreans tipped to take over Philly Shipyard
Hanwha Ocean, the Korean yard formerly known as Daewoo Shipbuilding & Marine Engineering, is being tipped as making a bid…
Read More » -
Containers
Maersk unveils new-look boxship
Maersk has revealed the design of its new-look series of 16,200 teu methanol-fuelled ships which feature the accommodation at the…
Read More » -
Regulatory
Hyundai Glovis no longer under vessel decommissioning spyglass
Norway’s $1.3trn Government Pension Fund has terminated the observation of Hyundai Glovis after the South Korean shipowner introduced a new…
Read More » -
Operations
Sinokor tanker accused of ramming Philippine fishing vessel
The 110,000 dwt , a tanker belonging to Sinokor, stands accused of ramming a fishing vessel in the north of…
Read More » -
Dry Cargo
Sinokor linked to triple cape sale
South Korea’s Sinokor Merchant Marine has been named as the seller of three 2016-built capesize bulk carriers in two separate…
Read More » -
Gas
QatarEnergy signs $3.9bn deal for 17 LNG newbuilds in South Korea
Middle Eastern liquefied natural gas producer QatarEnergy has kicked off the second phase of its massive shipbuilding program by signing…
Read More » -
Offshore
Fredriksen’s Northern Drilling loses arbitration against Hanwha over cancelled drillships
John Fredriksen’s rig investment company, Northern Drilling, has lost a legal battle with Daewoo Shipbuilding & Marine Engineering (DSME), now…
Read More »