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Tag: South Korean

New framework for investment enables long-term upgrades to the subsea distribution network serving Scotland’s islands.
Wasaline has successfully completed sea trials following a major battery upgrade on board Aurora Botnia

Northern Drilling exercises drillship option at DSME

John Fredriksen’s rig investment company Northern Drilling has exercised its option for newbuild drillship Cobalt Explorer from South Korean yard DSME

Petrobras Sues Samsung Heavy Industries

Samsung Heavy Industries said on Wednesday that Petrobras America filed a lawsuit against the South Korean shipbuilder with a U.S. court, claiming 283 billion won in damages.

Kawasaki Heavy to Build Ship in China

Japanese public multinational corporation Kawasaki Heavy Industries (KHI) has completed the construction of a new dock in northeast China

Equinor forges Korean floating wind ties

Norwegian energy giant Equinor is to work with Korea National Oil Corporation to jointly explore the development of commercial floating offshore wind projects

Warrant Issued Against Chairman of Polaris Shipping

A warrant for the arrest of the chairman of Polaris Shipping has been issued by South Korean authorities

DSME Wins Order for Four VLCCs

South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) has clinched a $366 million order to build four units of very large crude carriers

South Korean Government to trial blockchain for container shipping

Two South Korean government ministries are exploring blockchain’s potential to bring new efficiencies to marine logistics to handle container shipping and make it efficient

Samsung Heavy Strikes New LNG Carrier Order

South Korean shipbuilding giant Samsung Heavy Industries (SHI) said Thursday that it has clinched a new deal to build a liquefied natural gas (LNG) carrier.

HMM Posts Continued Losses, Invests in Mega-Vessels

South Korean ocean carrier HMM announced continued losses on Wednesday, despite higher revenue and rising volumes.

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