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Tagged in Korea
HD Hyundai Tests 3D Printing of Spare Parts on Vessels
HD Hyundai Heavy Industries has developed a new 3D printing system that can produce metal ship parts during ocean voyages. The South Korean shipbuilder recently completed final testing of the technology at HD Hyundai Samho’s facility in Yeongam, …
Mar 19, 2025 / Curious
Odfjell Terminals Korea and S-OIL seal ten-year storage deal
Odfjell Terminals Korea (OTK) and S-OIL have entered into a milestone ten-year storage contract comprising three tanks (23,990 cbm) within OTK’s E5 expansion project. The contract represents an important cornerstone for the E5 project and lays the …
Mar 5, 2025 / Curious
Odfjell Terminals Expands Storage Capacity in Ulsan
Odfjell has announced the approval of a new expansion project at Odfjell Terminals Korea (OTK). The project comprises a new tank pit of ten tanks and will significantly broaden services and product handling capacity at the leading Ulsan terminal. …
Nov 21, 2024 / Curious
South Korea Achieves Milestone with First Simultaneous Operations of Methanol Bunkering in Busan
In a significant step towards establishing eco-friendly maritime practices, South Korea successfully conducted its first Simultaneous Operations (SIMOPs) of ship-to-ship methanol bunkering at Busan New Port on 4th October. This groundbreaking …
Oct 31, 2024 / Curious
HD Korea Shipbuilding wins 339.6 bln-won order for 2 ammonia carriers
HD Korea Shipbuilding & Offshore Engineering Co., a major South Korean shipyard, said Tuesday it has secured a 339.6 billion-won (US$250 million) order to build two very large ammonia carriers (VLACs) from an Oceanian shipper. HD Hyundai Heavy …
Oct 16, 2024 / Curious
KR Awards Approval in Principle for eco-friendly hybrid CTV for offshore wind farms
KR (Korean Register) has granted Approval in Principle (AIP) for the Crew Transfer Vessel (CTV), a passenger and cargo transport vessel dedicated to offshore wind farms, developed by MARCON, a Korean maritime service company. CTVs are widely used in …
Oct 4, 2024 / Curious
HD Korea Shipbuilding & Offshore Engineering Secures $328.6 Million Contract for Two VLACs
HD Korea Shipbuilding & Offshore Engineering announced on July 4 that it has signed a construction contract with a European shipping company for two Very Large Ammonia Carriers (VLACs). The total order value is $328.6 million, and the vessels …
Jul 5, 2024 / Curious
KNOC Signs Drillship Contract to Develop Deep-water Gas Field in East Sea
Korea National Oil Corp. (KNOC) has reportedly signed a contract with Norway’s Seadrill to use a drill ship as it pursues a deep-water gas field project in the East Sea. Caption: Korea National Oil Corporation’s natural gas facility in the …
Jun 5, 2024 / Curious
HD Korea Shipbuilding wins US$500 mln order for 3 ethane carriers
South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Friday it has won a US$500 million order to build three very large ethane carriers for an Oceanian shipper. HD Hyundai Heavy Industries Co., one of HD Korea …
Dec 18, 2023 / Vessels
ABS Signs MOU with Korea Hydrogen Industry Association and the University of Ulsan to Develop Cutting-Edge Hydrogen-Fueled Vessel
ABS signed a memorandum of understanding (MoU) with the Korea Hydrogen Industry Association (KHIA) and the University of Ulsan, Foundation for Industry Cooperation (UOUFIC) to develop a small, 40-seat vessel for tourism, equipped with electric …
Sep 5, 2023 / Curious