Stena Bulk completes sale of Two LNG Tankers to BW LNG

Gothenburg – Leading tanker shipping company Stena Bulk has announced that it has success...

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Qatarenergy enters Time Charter Agreements with Nakilat for the operation of 25 LNG Vessels

DOHA, Qatar: QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Co...

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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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DHT Holdings, Inc. orders four large VLCCs

 DHT Holdings, Inc. (NYSE:DHT) (the “Company”) announced it has entered into agreem...

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Hanwha Ocean to Set up Submarine Construction Centers in Canada, Poland

Hanwha Ocean will build global production centers for submarines in North America (Canada) and Europ...

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AET delivers LNG dual-fuel VLCC, Eagle Vellore on long-term charter to Shell

Singapore: AET, one of the leading owners and operators of maritime transportation assets and s...

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4 Parties, Including Hapag-Lloyd, Join Acquisition Battle for HMM

Harim, Dongwon, and the LX Group have actively joined the acquisition battle for HMM. Hapag-Lloyd, t...

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HD Hyundai Cements No. 1 Position in Marine Engine Market

HD Hyundai, which has an unrivaled presence in the world marine engine market, has further strengthe...

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Hanwha Ocean Secures First Next-gen Navy Frigate Order Worth 830 Billion Won

Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) has outperformed its competitor...

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Hanwha Ocean Enters the USD 18 Trillion US Military Ship Maintenance Market

Hanwha Ocean is making an entry into the military ship maintenance, repair, and overhaul (MRO) busin...

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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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Hanwha Announces Hanwha Ocean Launch, Signaling New Era of Shipbuilding and Marine Energy Solutions

Hanwha has officially launched its latest affiliate, Hanwha Ocean, after successfully acquiring D...

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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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DSME Squares Off with HD HHI over Preferred Bidder Selection Process

Competition is heating up between Daewoo Shipbuilding & Marine Engineering (DSME), which will be...

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Norsepower and IINO Lines agree to install Norsepower Rotor Sails on a newbuild VLGC

Norsepower and IINO Lines agree to install Norsepower Rotor Sails™ï¸ÂÂ�...

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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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Delivery of 'OCEANUS AURORA' (VLGC)

IINO Kaiun Kaisha, Ltd. (IINO) took delivery of “OCEANUS AURORA,” LPG dualfuel very larg...

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Steel Cutting of 174,000 cubic meter LNG carrier for GasLog

The Steel Cutting of 174,000 cubic meter LNG carrier, Hull No. 2532, took place on 22 March 2023 at ...

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DSME Wins Order for Two LNG Carriers from Greek Client for Highest Price Ever

Daewoo Shipbuilding & Marine Engineering (DSME) announced on March 14 that it has won an order f...

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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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Hoegh Autoliners exercises option to purchase Hoegh Berlin for a price of USD 34.25 million

Höegh Autoliners ASA has agreed with the owner of the leased vessel Höegh Berlin to termin...

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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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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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GTT receives orders from Daewoo Shipbuilding & Marine Engineering for the tank design of Four New LNG Carriers

GTT announces having received, in the fourth quarter of 2022, three orders from its partner the Kore...

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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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MOL and GAIL to Strengthen Partnership

MOL and GAIL to Strengthen Partnership, Sign Time Charter Contract for Newbuilding LNG Carrier ...

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DSME Cancels Contracts on All 3 LNG Carriers Awarded by a Russian Client

Daewoo Shipbuilding & Marine Engineering (DSME) has notified the cancellation of the contra...

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DSME succeeds in testing autonomous-driving system for ships

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering said Tuesday it has successful...

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Transocean Acquires Interest in High Specification Ultra-Deepwater Newbuild Drillship

STEINHAUSEN, Switzerland - Transocean Ltd. has announced that one of its subsidiaries...

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DSME wins $252 million order for 1 LNG carrier

Korean shipyard Daewoo Shipbuilding Marine Engineering (DSME) said Monday it has bagged a 354.2 bill...

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DSME Installs High Manganese Steel LNG Fuel Tank on a Container Ship

World’s First Use of High Manganese Steel for LNG Fuel Tank. DSME Installs High Manganese...

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WinGD's latest X-DF technology to power QatarEnergy newbuilds

WinGD’s latest generation of X72DF-2.1 engines will power 25 vessels as part of the QatarEnerg...

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DSME Lands an Order for 2 LNG Carriers

Daewoo Shipbuilding & Marine Engineering (DSME) has recently won an order for two 200,000-cubic-...

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MOL Concludes Charter Agreement for LNG Carrier with TotalEnergies

Mitsui O.S.K. Lines, Ltd.announced that it has signed a multi-year contract to charter a newbuild LN...

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Hoegh Autoliners exercises option to purchase Hoegh St. Petersburg

Höegh Autoliners ASA, through its subsidiary, Höegh Autoliners Shipping AS, declared an op...

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DSME inks tie-up with U.S. firm on liquid hydrogen carrier

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

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ABS AIP Supports DSME to Bring Hybrid Power Systems to Large LNG Carriers for More Sustainable Operations

ABS has awarded approval in principle (AIP) to Daewoo Shipbuilding & Marine Engineering Co. Ltd....

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DSME receives Approval in Principle (AiP) for 86K NH3 Carrier with NH3 Propulsion

Bureau Veritas (BV), a world leader in testing, inspection, and certification, has delivered an Appr...

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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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Hanwha signs conditional takeover deal with DSME for W2tr

South Korea's defense-to-energy conglomerate Hanwha Group said Monday it has signed a conditiona...

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South Korean shipyards dominate global green-ship market

South Korean shipbuilders won nearly 57 percent of global orders for eco-friendly ships in the first...

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MacGregor to supply container lashing systems for twelve Hapag-Lloyd's 23,500+ TEU series container vessels

MacGregor, part of Cargotec, has received a significant order for delivering container lashing syste...

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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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KNOT Takes Delivery of Second LNG-Fueled Shuttle Tanker

A dual-fuel LNG (liquefied natural gas) shuttle tanker1 ordered by Knutsen NYK Offshore Tankers...

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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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KNOT's First LNG Dual Fuel Shuttle Tanker Delivered

A dual-fuel LNG (liquefied natural gas) shuttle tanker1 ordered by Knutsen NYK Offshore Tankers...

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V.Group welcomes three new LNG Dual Fuel VLCC vessels

V.Group will be providing full technical management of the three LNG dual-fuel new build vessels tha...

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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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DSME bags 649.5 bln-won order for 2 LNG carriers

SEOUL, (Yonhap) -- South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) sai...

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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 replaces orders for 3 LNG carriers with higher-priced ones

Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Wednesday it has replaced existing con...

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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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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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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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Daewoo Shipbuilding builds 3D-printed ABS model ship

South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. said Tuesday it has successfu...

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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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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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KSOE Lands Orders for 6 Container Ships 2 PCTCs

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

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DSME Obtains Basic Approval for Liquefied Carbon Dioxide Carrier from ABS

Daewoo Shipbuilding & Marine Engineering (DSME) announced on April 7 that it has obtained basic ...

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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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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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Daewoo Shipbuilding, Babcock sign MOU for warship partnership

  This file photo provided by Daewoo Shipbuilding & Marine Eng...

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GTT obtains tank design order for a new LNG carrier from DSME

GTT has announced that it has received an order from its partner the Korean shipyard Daewoo Shi...

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GTT Obtains Tank Design Order for Four New LNG Carriers from Daewoo Shipbuilding & Marine Engineering

GTT announces that it has received an order from its partner the Korean shipyard Daewoo Shipbuilding...

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ABB wins systems order for Eneti's next-generation offshore wind turbine installation vessels

• ABB secures order of around $27 million to supply Eneti’s two newbuild vessels with adv...

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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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NOV to supply Eneti's second next-generation wind turbine installation jack-up vessel

OV has been awarded contracts for the equipment and design of a GustoMSC™ NG-16000X wind turbi...

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Nakilat takes delivery and management of fourth LNG carrier newbuild

Nakilat has taken delivery of a newbuild LNG carrier, “Global Sealine”, which will be co...

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Korea Shipbuilding bags cargo ship orders valued at combined 511 bln won

SEOUL, (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday it has secur...

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Huisman signs 2,600mt Leg Encircling Crane contract for Eneti's second Wind Turbine Installation Vessel

Huisman has announced the signing of a contract with Daewoo Shipbuilding and Marine Engineering (DSM...

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Korean Government to find new buyer for DSME after EU vetoes HHIH-DSME merger

The South Korean Government will draw up a new outline to strengthen the competitiveness of Daewoo S...

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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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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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Daewoo Shipbuilding develops technology to prevent cracks in welded parts of Submarines

SEOUL, Dec. 13 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday that ...

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The Korean Fair Trade Commission Expected to Review Merger between KSOE and DSME in January 2022

The Korean Fair Trade Commission (FTC) is expected to make a decision on the proposed merger between...

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GTT Obtains Tank Design Order for Two New LNG Carriers from Daewoo Shipbuilding & Marine Engineering

Paris: GTT announces that it has received an order from its partner the Korean shipyard Daewoo Shipb...

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Daewoo Shipbuilding wins W383b order for Offshore Facility

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday it has signed a 383 billion-won ...

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GTT Will Design the Tanks of Four New LNG Carriers Ordered by Daewoo Shipbuilding & Marine Engineering (DSME) to Operate in Arctic Waters

Paris: GTT announces that it has received an order from its partner, the Korean shipyard Daewoo Ship...

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Daewoo Shipbuilding wins 1.5 tln won orders for 6 LNG carriers

By Nam Kwang-sik SEOUL, Dec. 1 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering...

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