Turkey welcomes the first FSRU under its flag

The first Turkish-flagged floating storage and regasification unit (FSRU) Ertuglrul Gazi has arrived at Dörtyol port. Courtesy of Botas The FSRU is anchored at the port in Dörtyol, a city in Hatay Province, after finishing its certification. It completed its … Read More

Top dogs of South Korean shipbuilding industry eye carbon neutrality by 2050

The top six South Korean shipbuilding majors have set sights on achieving carbon neutrality in the sector by 2050, thus joining the global decarbonization push. Namely, representatives of Samsung Heavy Industries (SHI), Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy … Read More

MISC takes delivery of its sixth VLEC

Malaysian company MISC has taken delivery of Seri Elbert, its sixth very large ethane carrier (VLEC), from Hyundai Heavy Industries shipyard in Ulsan, South Korea. Courtesy of MISC The 98,000 cubic metres Seri Elbert joins her sister ships Seri Everest, Seri … Read More

Hyundai Heavy setting up hydrogen supply chain by 2030

South Korea’s Hyundai Heavy Industries (HHI) Group plans to go into all areas of hydrogen value chain, from production to transport, storage and use of hydrogen fuel. Courtesy of Hyundai Mipo Dockyard During an online conference, HHI revealed its hydrogen … Read More

KSOE wins $609 million worth of deals for seven newbuilds

South Korean shipbuilding heavyweight Korea Shipbuilding & Offshore Engineering (KSOE) has won orders for a total of seven ships worth KRW 691 billion ($609 million). The announced deals will see Hyundai Samho Heavy Industries, KSOE’s shipbuilding arm, build three very large … Read More

HHI-DSME merger to be cleared after transfer of LNG technology to smaller yards

The mega-merger between the South Korean shipbuilding giants Hyundai Heavy Industries Group and Daewoo Shipbuilding and Marine Engineering will receive regulatory approval once there are assurances that the competition on the market would not be distorted. In practice this means … Read More

HHI wins Digital Twin Ready AiP for gas containment tank from LR

South Korean shipbuilder Hyundai Heavy Industries (HHI) has secured an Approval in Principle (AiP) from Lloyd’s Register for its Digital Health Management (DHM) System for a Type B gas containment tank. The AIP follows a Joint Development Project (JDP) between … Read More