MOL Starts Commercial Operation of FSRU for Indonesia's Jawa 1 LNG-fired Power Plant - Asia's 1st Gas-to-Power Project Using an FSRU

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced (on March 29...

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Qatarenergy’s historic Fleet Expansion Program hits 104 Conventional LNG Vessels

DOHA, Qatar:  QatarEnergy signed long-term time charter party (TCP) agreements with four int...

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Wan Hai Lines Holds Naming Ceremony for 13,100teu Newbuilding “WAN HAI A13”

Taipei - Wan Hai Lines Ltd. held ship naming ceremony for WAN HAI A13 by a charity donation on Janau...

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HD KSOE, Samsung Heavy Industries Land Eco-friendly Ship Orders

HD Korea Shipbuilding & Offshore Engineering (KSOE) and Samsung Heavy Industries announced on Ja...

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GTT receives two orders for The Tank Design of Two New LNG Carriers

Paris: GTT announces that it has received, in 2023, two orders for the tank design of two new L...

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Cedar LNG awards EPC contract for state-of-the-art floating LNG production unit

KITIMAT, BRITISH COLUMBIA, Canada – The Haisla Nation and Pembina Pipeline Corporation, partne...

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Korean Shipbuilders Take Top 4 Spots in World Shipbuilding Market

In 2023, Korea lost the top spot to China in global shipbuilding orders for three years in a row but...

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Samsung Heavy Industries Secures 2 Trillion Won FLNG Order

Samsung Heavy Industries has secured an order worth about 2 trillion won for a Floating Liquefied Na...

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Korean Shipbuilders Take Top 4 Spots in World Shipbuilding Market

In 2023, Korea lost the top spot to China in global shipbuilding orders for three years in a row but...

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HD Hyundai Heavy Industries to Mark up LNG Carrier Prices

After HD HHI won a provisional contract to build 17 liquefied natural gas (LNG) carriers from Qatar ...

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SHI Machinery Health Monitoring System Receives ABS AIP

(BUSAN) The Samsung Heavy Industries (SHI) Machinery Health Monitoring System (SMHMS) has received t...

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HD KSOE Seals Deal to Build 17 Huge LNG Carriers for Qatar Energy

HD Hyundai announced on Oct. 26 that HD Korea Shipbuilding & Offshore Engineering (KSOE), a ship...

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All 3 Major Korean Shipbuilders Achieve Surplus for First Time in 11 Years

The three major South Korean shipbuilders – HD Korea Shipbuilding & Offshore Engineering (...

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ABS Grants Approval in Principle to SHI for Cyber Resilience

(BUSAN) ABS awarded approval in principle (AIP) to Samsung Heavy Industries Co., Ltd. (SHI) for...

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DT technology from Samsung Heavy Industries to be installed on PAN OCEAN's LNG carrier

Samsung Heavy Industries and PAN OCEAN signs MOU for development of comprehensive digital solutions....

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Antonis I. Angelicoussis - First dual fuel VLCC certified by Green Award

LNG dual fuel powered very large crude carrier (VLCC) Antonis I. Angelicoussis is now certified by t...

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WinGD and Samsung Heavy Industries to cooperate on future fuel applications

Swiss marine power company WinGD and shipbuilder Samsung Heavy Industries (SHI) have agreed to coope...

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MISC & SHI's Floating Co2 Storage Unit (FCSU) received Approval in Principle from DNV

MISC Berhad (MISC) secured an Approval in Principle (AiP) for their innovative Floating CO2 Storage ...

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Korea's 3 Shipbuilders Boost Production Capacity by 50%, Yet Face Challenges

It has been observed that the production capacity of domestic shipbuilding companies has significant...

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Korean Shipbuilders Reclaim Top Spot with July Orders

After a decade-long downturn, HD Korea Shipbuilding & Offshore Engineering, Samsung Heavy Indust...

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ClassNK issues approval in principle (AiP) for ammonia fuel supply system for oil tanker and container ship developed by SHI

Tokyo - ClassNK has issued an Approval in Principle (AiP) for an ammonia fuel supply system for oil ...

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'ME-GA-opti' Optimises Combustion Onboard LNG Carrier Newbuilding

Innovative feature delivers optimal running during gas trials through individual cylinder control on...

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Samsung Heavy Industries wins 16 methanol powered 16,000 TEU container ships contract worth 3.9 trillion KRW

Samsung Heavy Industries announced on the 17th that it had won an order for 16 methanol powered 16,0...

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GTT receives orders from Samsung Heavy Industries for The Tank Design of Five New LNG Carriers

GTT announces that it has received several orders from its partner Samsung Heavy Industries for...

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Samsung Heavy Industries Sailed Through South China Sea with its Autonomous Navigation Technology

Samsung Heavy Industries (SHI) announced on July 6 that it successfuly completed demostration o...

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Big 3 Korean Shipbuilders See Orders Worth 136 Trillion Won

HD Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean, three major Korean shipbuil...

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K-Shipbuilding Accelerates Development of Ammonia, Methanol Vessels

South Korean shipbuilders are accelerating the development of next-generation eco-friendly vessels d...

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LR grant AiP for Samsung Heavy Industries' Autonomous Navigation System and SVESSEL Communication System

Approval in Principle for SHI’s Autonomous Navigation System and SVESSEL Communication System,...

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QatarEnergy celebrates steel cutting of the first Korean LNG vessel for fleet expansion

DOHA, Qatar - QatarEnergy celebrated the steel cutting of the first of its new generation of charter...

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HD KOSE Takes Half of World Orders for Methanol-powered Vessels in 3 Months

Hyundai Samho Heavy Industries, a subsidiary of HD Korea Shipbuilding & Offshore Engineering (KS...

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HMM to conduct field tests of onboard carbon capture system for containership

Seou -- HMM announced that it plans to conduct field tests of an onboard carbon capture system(...

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GTT entrusted by Samsung Heavy Industries with The Tank Design of Two New LNG Carriers

Paris, GTT announces that it has received, in the first quarter of 2023, an order from its part...

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Korean Shipbuilding Industry Attains 33% of Its Target for 2023 in Q1

The Korean shipbuilding industry is moving closer to achieving this year’s order-taking target...

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Artificial intelligence in shipyard, Samsung Heavy Industries developed a chatbot

Artificial intelligence in shipyard...Samsung Heavy Industries developed a chatbot Chatbots,...

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DNV awards first D-INF(S) type approvals to COSCO and SHI for standardized data infrastructure systems

COSCO and SHI have received the world’s first D-INF(S) type approvals from DNV for their data ...

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Samsung Heavy Industries and KONGSBERG MARITIME Sign JDA to Develop Autonomous 174K LNG Carrier

SHI (Samsung Heavy Industries Co., Ltd), a leading provider of the low carbon emission ship in the w...

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HD Hyundai Presents 1st Design of SMR-powered Vessel since Partnering with Bill Gates

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company o...

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3 Major Korean Shipbuilders Show Stellar Order-taking Performance at beginning of 2023

Korea’s big-three shipbuilders -- Korea Shipbuilding & Offshore Engineering (KSOE), Daewoo...

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GTT entrusted by Samsung Heavy Industries with the tank design of Two New LNG Carriers

GTT announces that it has received an order from its partner the Korean shipyard Samsung Heavy Indus...

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South Korean Shipbuilders Showing Solid Progress

Daewoo Shipbuilding & Marine Engineering recently signed a 314.5 billion won contract to supply ...

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Naming ceremony for Newbuild 'ZIM SAMMY OFER'

A celebratory naming ceremony for ZIM SAMMY OFER, the first 15,000 TEULNG-powered vessel was held at...

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Wan Hai Lines Holds Naming Ceremony for 13,100teu Newbuilding 'WAN HAI A09'

Wan Hai Lines Holds Naming Ceremony for 13,100teu Newbuilding “WAN HAI A09” Accompanied ...

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Korean Shipbuilders Post KRW7tn in Order Intake in First Month of 2023

Korea’s major shipbuilders are landing orders for high-priced ships. They have already secured...

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'Seri Damai' and 'Seri Daya' Latest Sister Vessels to Join MISC's Eco-Efficient LNG Carrier Fleet

MISC (MISC or the Group) welcomes two of its latest new generation of Liquefied Natural Gas (LNG) ca...

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Samsung Heavy Industries wins USD 2 bn newbuild orders in the first month of the new year alone

Samsung Heavy Industries (SHI) has won $2 billion orders in the first month of the new year alone, c...

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Maran Tankers took delivery of its first Dual Fuel VLCC

Maran Tankers Management Inc. has welcomed its first Dual Fuel VLCC, Antonis I. Angelicoussis to Mar...

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JGC Awarded Contract for First Nearshore Floating LNG Plant in Malaysia

JGC Holdings Corporation, announced that JGC Corporation, which operates the overseas Engineering, P...

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Kossco signed a contract with Samsung Heavy Industries(SHI) for supporting the ship owners

Kossco signed a contract with Samsung Heavy Industries(SHI) for supporting the ship owners 2nd Ja...

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Korean shipbuilders lead high value-added, eco-friendly market in 2022

The Ministry of Trade, Industry and Energy (MOTIE) announced on January 5 that South Korea’s s...

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Samsung Heavy Industries Speeds Up Development for Nuclear Power Plant on the Sea

Samsung Heavy Industries (SHI) said on January 4, 2023 that it received Approval In Principle f...

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Samsung Heavy Industries has brought foregin welders, relieving labor shortages

Samsung Heavy Industries (SHI) announced on Jan 2, 2023  that 41 welders from Indonesia ar...

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DNV awards first Blockchain Statement of Fact to Samsung Heavy Industries

In the first of its kind for a shipyard, DNV has awarded a Statement of Fact (SoF) to Samsung Heavy ...

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Ceremony Held to Celebrate Mozambique Coral FLNG 1st LNG Cargo

JGC Holdings Corporation has announced that a ceremony was held in Mozambique on 23 November to cele...

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Samsung Heavy Industries Wins KRW2tn FLNG Order

Samsung Heavy Industries has won a 2-trillion-won offshore plant order for the first time in three y...

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Korean Shipbuilders to Finalize KRW6tn Deals Related to Mozambique Project

As French oil company Total Energy has resumed the liquefied natural gas (LNG) project in Mozam...

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Saipem strengthens its offshore drilling fleet: purchase option exercised for the Santorini drillship

Milan (Italy) – Saipem has exercised its purchase option concerning the seventh-generatio...

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SHI receives 331.3 billion-won order for 1 LNGC

South Korean shipbuilding giant Samsung Heavy Industries (SHI) has revealed on December 30...

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GTT receives two orders from Samsung Heavy Industries for the tank design of seven new LNG Carriers

GTT announces that it has received two orders from its partner the Korean shipyard Sa...

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Samsung Heavy Industries Lands Order for 5 LNG Carriers

Samsung Heavy Industries announced on Nov. 23 that it has recently won an order for five liquefied n...

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Seapeak Orders Five LNG Newbuilds Against Long-Term Charters

Seapeak LLC (Seapeak) entered into shipbuilding contracts for the construction of five, 174,000-cubi...

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Samsung Heavy Develops Liquid Hydrogen Fuel Cell System for Vessels

Samsung Heavy Industries announced on Nov. 9 that it has obtained approval in principle (AIP) for a ...

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Wan Hai Lines Holds Naming Ceremony for 13,100 teu Newbuilding

Wan Hai Lines Holds Naming Ceremony for 13,100teu Newbuilding Accompanied by a Charity Donation. ...

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LNG Carrier MINERVA AMORGOS Delivered to its Owners

Minerva Gas Inc. has announced taking delivery of LNG Carrier MINERVA AMORGOS on14th October 2022 fr...

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GTT receives an order from Samsung Heavy Industries for The Tank Design of Four LNG Carriers

GTT announces that it has received, in the third quarter, an order from its partner the Korean&...

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S. Korean shipbuilders sweep 61% of global vessel orders last month

South Korean shipbuilders dominated 61 percent of global orders last month to keep lead over Chinese...

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DSME bags 1.85 tln-won order for 6 LNG carriers

South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Tuesday it has wo...

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Korean Shipbuilders Actively Participating in Qatar LNG Project

QatarEnergy has recently selected three shipowners to order eight LNG carriers in its LNG developmen...

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Korean Shipbuilders Developing Hydrogen Fuel Cell Ships

South Korean shipbuilders are accelerating the development of hydrogen fuel cell ships, which are dr...

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DSME Wins Order for 7 LNG Carriers Worth over KRW2tn

Daewoo Shipbuilding & Marine Engineering (DSME) announced on Sept. 6 that it has won an order fo...

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DNV awards AiP to SHI for innovative liquified CO2 carrier design

AiP award ceremony at Gastech with (from left): Ji-Soon Park (SHI Shipbuilding Sales Engineering Tea...

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NYK Concludes Charter Agreement for LNG Carrier with Kyuden Group

NYK and Q United Energy Supply & Trading Co. (Managing Director and CEO: Takashi Mitsuyoshi; Hea...

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Samsung Heavy Industries wins W1.16t LNG ship order in Bermuda, Africa

Samsung Heavy Industries Co., the world's third-biggest shipbuilder by order backlog, said Tuesd...

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South Korean Shipbuilders Increasing R&D Investment

The three major South Korean shipbuilders’ R&D investment topped 100 billion won in the fi...

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Korean shipyards sweep 76% of LNG tanker orders, KSOE adds USD 1.5 bn deals

South Korean shipbuilders have scooped nearly eight out of 10 global orders for new liquefied natura...

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South Korea's 3 Big shipyards attain 87% of yearly order goals

South Korea's three major shipbuilding companies have achieved nearly 87 percent of their yearly...

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AET unveils another DPST, Eagle Crato, for long-term charter to Petrobras

AET, a leading owner and operator of maritime transportation assets and specialised services, na...

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Korean Shipbuilders Enjoy 5.7% Increase in Order Intake in 1H22

Korean shipbuilders' order intake in the first half of this year increased 5.7 percent from the ...

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GTT Receives an order from Samsung Heavy Industries for the Tank Design of Fourteen New LNG Carriers

GTT announces that it has received, at the end of June, an order from its partner the Korean&nb...

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ABS and SHI JDP to Develop Smart Hull Monitoring Software

ABS and Samsung Heavy Industries Co., Ltd. (SHI) have signed a joint development project (JDP) to en...

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Shipbuilders look toward a future of greener vessels and robot ships

A 174,000 cubic meter LNG carrier built by Hyundai Heavy Industries [HYUNDAI HEAVY INDUSTRIES] &n...

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KSOE Lands Orders for 10 LNG Carriers Worth KRW2.87tn

Korea Shipbuilding & Offshore Engineering (KSOE) has won orders for 10 large liquefied natural g...

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Korean Shipbuilders Account for Nearly 70% Global LNG Carrier Orders

Global orders for LNG carriers totaled 7,678,585 CGT (89 standard ships) in the first half of this y...

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Delivery Of Newbuilding Suezmax Tanker With 10-Year Charter

Ocean Yield AS has announced that it has taken delivery of the newbuilding Suezmax tanker Nordic Hun...

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Global LNG Carrier Market Continuing to Grow

Korean shipbuilders accounted for 65 of the 108 LNG carriers ordered in the first half of 2022.. ...

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Additional Methanol-fueled Ship Contract Anticipated

Maersk, which signed a methanol-fueled ship contract with Korea Shipbuilding & Offshore Engineer...

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Dual-fuel Vessel Demand on the Rise

Dual-fuel vessel orders are increasing after the low-sulfur fuel oil price hit an all-time high rece...

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Samsung Heavy bags 3.9 tln-won order for 14 LNG carriers

South Korean shipyard Samsung Heavy Industries Co. said Wednesday it has clinched a 3.9 trillion-won...

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OSM To Carry Upgrade Modifications On Equinor's FSU Heidrun B

OSM Offshore AS has been awarded a large offshore Contract for the overall upgrade modifications of ...

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LR and Samsung Heavy Industries pen MOU for Samsung Autonomous Ship

The MOU, signed at Posidonia 2022, will see collaboration that brings major improvements in Autonomo...

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DSME wins 1.07 tln-won order for 4 LNG carries from Qatar

South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Tuesday it has cl...

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KSOE and SHI Win Orders for LNG Carriers

Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding holding company of Hyundai He...

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Samsung Heavy wins W862.3b order for 3 LNG carriers

Samsung Heavy Industries Co., the world's No. 3 shipbuilder by order backlog, said Tuesday it ha...

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Delivery of Newbuilding Suezmax Tanker with 10-Year Charter

Ocean Yield AS has announced that it has taken delivery of the newbuilding Suezmax tanker Nordic Har...

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Korean Shipbuilders Accelerating Development of Autonomous Surface Ships

The International Maritime Organization (IMO) is preparing to discuss new agreements, operation meth...

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Carbon Dioxide Carrier Emerging as New Growth Driver for Shipbuilders

With carbon neutrality becoming an increasingly important issue worldwide, an increasing number of s...

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AET charts pathway towards lower carbon future with delivery of second dual-fuel VLCC, Eagle Vallery

Eagle Vallery, the second dual-fuel VLCC was successfully and safely delivered by Samsung Heavy Indu...

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Nordic American Tankers Ltd - Delivery of newbuilding

Nordic American Tankers Ltd  has announced that they will have an addition to our fleet de...

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GTT Receives An Order from Samsung Heavy Industries for The Tank Design of A New LNG Carrier

TT announces that it has been chosen, by its partner the Korean shipyard Samsung Heavy Industries fo...

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Samsung Heavy Industries to Sell off 4 Drill Ships for KRW1tn

Samsung Heavy Industries (SHI) will sell off four drill ships, an inventory that has been hurting th...

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Korean Shipbuilders Anticipating Big LNG Carrier Orders from Qatar

As Qatar Energy signed its first LNG carrier charter contract with Japan's MOL, anticipation is ...

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Samsung Heavy Industries Delivers Icebreaker to Sovcomflot

Samsung Heavy Industries announced on April 14 that it delivered one of the two Aframax icebreakers ...

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Q-Flex and Q-Max LNG Carrier Orders Increasing Again

Q-Flex and Q-Max LNG carrier ordering is being resumed this year after a hiatus of about 10 years. I...

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Samsung's Quest to Position Nigeria as Hub of Shipbuilding, Offshore Technology

The entry of the global shipbuilding giant, Samsung Heavy Industries (SHI) into the Nigerian market ...

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Samsung Heavy bags W804b order for 5 container carriers in Asia

Samsung Heavy Industries Co., the world's No. 3 shipbuilder by order backlog, said Monday it has...

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AET reinforces its leading shuttle tanker position with another vessel for Petrobras charter

AET, a leading owner and operator of maritime transportation assets and specialised services, named ...

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Wan Hai Lines Confirmed Orders For Five 13,100TEU Container Ships

Wan Hai Lines had ordered 13 x 13,100TEU new builds as part of the company’s flee...

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V.Ships appointed to manage one of the world's first dual-fuel VLCC tanker

V.Ships appointed to manage one of the world’s first dual-fuel VLCC tanker Last month, AET ...

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GTT Entrusted by Samsung Heavy Industries with the Tank Design of Four New LNG Carriers

GTT announces that it has received an order from its partner the Korean shipyard Samsung H...

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S. Korean Shipbuilders Turn to Robots Amidst Labor Shortage

SEOUL, March 18 (Korea Bizwire) — South Korea’s major shipbuilders are introdu...

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Samsung Heavy wins W609b order in Europe

Samsung Heavy Industries Co., the world's third-biggest shipbuilder by order backlog, said Frida...

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S. Korean shipbuilders rank first in global new orders in Feb 2022

South Korean shipbuilders took the top spot in global new orders in February, far outpacing their Ch...

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One of the world's first Dual-Fuel VLCCs unveiled in South Korea

AET, a leading owner and operator of maritime transportation assets and specialised services, named ...

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Samsung Heavy wins W1tr LNG ship order from Africa

Samsung Heavy Industries Co. said Wednesday it has r...

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GTT has a record book for the year 2021 with 68 LNG carrier orders

2021 Full-Year Results - solid earnings at high-end of annual targets; excellent commercial performa...

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Daewoo Shipbuilding wins orders totaling W1.8tr from Europe

Daewoo Shipbuilding & Marine Engineering Co. said Thursday it has received a combined 1.8 trilli...

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SHI's new mooring system for floating LNG production

Samsung Heavy Industries (SHI) has independently developed a new mooring system for floating LNG pro...

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Samsung Heavy Gets Approval for New Carbon Capture Technology for Ships

SEOUL, (Korea Bizwire) — Samsung Heavy Industries Co. said Tuesday it has won approv...

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Wartsila will supply the main and harbour engines for a series of seven new Arctic Shuttle Tanker vessels

The technology group Wärtsilä will supply the main and harbour engines for a series of sev...

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Korean shipyards command 37% of global orders in 2021, best in 8 years

South Korean shipyards had their best year in eight years in 2021 by commanding 37 percent of worldw...

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Korean shipbuilders new orders hit 8-year high in 2021

SEOUL  -- South Korean shipbuilders received the largest orders in eight years in 2021, an...

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Daewoo Shipbuilding wins W502b LNG ship order

Daewoo Shipbuilding & Marine Engineering Co. said Thursday it has received a 502 billion won ($4...

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Samsung Heavy wins W240b LNG ship order in Latin America

Samsung Heavy Industries Co., the world's second-biggest shipbuilder by orders, said Monday it h...

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Samsung Heavy Industries wins W245b order for LNG Carrier

Samsung Heavy Industries Co. said Friday that it has signed a 245 billion-won ($208 million) deal to...

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Stena Drilling has Entered a Purchase Option Agreement with Samsung Heavy Industries for a Drillship.

STENA DRILLING HAS ENTERED A PURCHASE OPTION AGREEMENT WITH SAMSUNG HEAVY INDUSTRIES FOR A DRILLSHIP...

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Korean Shipbuilders Take 58% of Global Orders in Nov.

Korean shipbuilders accounted for 58 percent of the global ship orders in November, taking...

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Samsung Heavy Industries Sells off a Drillship from Inventory

Samsung Heavy Industries has sold one of the five drillships in inventory to a European buyer for US...

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Samsung Heavy Industries wins W734b orders for 3 LNG carriers

Samsung Heavy Industries Co. said Tuesday that it has bagged two orders worth a combined 734 billion...

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