South Korea
South Korean defense firm Hanwha bids up to $1.2b for Austal USA
It does not cover Austal's operations in Australia, the Philippines, and Vietnam.
South Korean defense firm Hanwha bids up to $1.2b for Austal USA
It does not cover Austal's operations in Australia, the Philippines, and Vietnam.
Korean Register certifies first homegrown 3D-printing repair process
It cuts repair time and cost.
HD Hyundai Samho delivers first VLAC to Maersk
Vessel is first of five VLACs ordered in 2023
Korea–US shipbuilding centre opens in Washington amidst industry push
Fifteen MOUs strengthen shipbuilding supply chains, workforce, and R&D ties.
Hanwha Ocean starts construction on 390MW Shinan Ui offshore wind project
It is scheduled for completion in 2029.
Ammonia vessel trial drives South Korea standards push
The first dual-fuel ship test provides technical data for future vessel guidelines.
South Korea locks in $150b shipbuilding pact with the US
It establishes a consultative body to identify project opportunities.
HD Hyundai wins order for two dual-fuel gas carriers from Turkey’s BGN
Each carrier will have a cargo capacity of 93,000 cubic metres.
Wind-assisted MR tanker enters class and regulatory review pathway
The vessel concept will integrate bound4blue’s eSAIL technology.
Ulsan port completes world-first ammonia bunkering for vessel
The port integrates ammonia fueling whilst expanding LNG and methanol systems.
Shipyards to get AI-powered humanoid welding robots from HD Hyundai
The robots will be trained using data from shipyards.
Korean firms develop ammonia engine emissions system
System cuts ammonia emissions by 99.7%.
South Korea’s VINSSEN, MANA Engineering plan 800 TEU feeder hydrogen retrofit
It will add hydrogen fuel cells and battery storage for auxiliary power.
Ontario Shipyards deal bolsters Hanwha Ocean’s Canadian expansion
The Korean shipbuilder will support Ontario naval industrial readiness.
Sinokor projected to control 24% of global VLCC spot market with fleet expansion
The fleet could ultimately exceed 100 vessels.
Freight rate slump halves HMM earnings to $1.3b in 2025
The company maintains its margin amidst global container market slump.
Hanwha Ocean secures WTIV order for offshore wind
The vessel is currently under review for deployment in priority domestic offshore wind projects
