World’s largest containership departed ChinaSouth Korean shipping line HMM announced that with 19,621 TEUs loaded on board, its new HMM Algeciras departed the Port of Yantian on May 8.
Operation on small LNG bunkering vessels begins in South KoreaAs part of a project funded by the Ministry of Oceans and Fisheries, South Korea has begun construction of a small liquefied natural gas bunkering vessel.
Samsung Heavy Industries receives order for two LNG-fueled VLCCIn its regulatory filing, Samsung Heavy Industries disclosed that it had concluded a USD 209.2 million deal with a Bermudan shipowner to build two LNG-fuelled VLCCs, which will be delivered by April 2022.
Kuwait Oil Tanker Company to receive new gas tankerKuwait Oil Tanker Company (KOTC) said it received Umm Ruwaisat, the giant liquefied natural gas (LNG) tanker, as part of a major fleet overhaul.
Daewoo Shipbuilding is losing net orders in 2019Daewoo Shipbuilding & Marine Engineering Co., the world's third-largest shipbuilder by order value, announced that it had swung from a year earlier to a net loss in 2019 on lower orders and higher costs.
Hyundai invited Aramco to join its 20 bln dollar offshore venturesHyundai Heavy Industries Co. of South Korea will join Saudi Aramco's $20 billion project to build structures for offshore oil and gas production, the South Korean top shipyard reported.
Polaris Shipping: Fuel tanks intact on groundedVery large ore carrier (VLOC) Stellar Banner remain intact as two oil spill response vessels reach the site of the grounding.
Hyundai Heavy introduces AI-powered ship operating systemHyundai Heavy Industries announced that it had developed an optimal vessel operation system by equipping its generator-engine model with advanced information and communication technologies.