Tag: DSME

The keel laying process for PETRONAS' first floating liquefied natural gas facility (PFLNG 1) has commenced this week, marking another significant milestone in the construction of the facility at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea.

DSME to Build Ice-Class LNG Carriers for Yamal LNG

DSME selects Intergraph for LNG project in Australia

Nine Vessels Selected as the Best Ships of 2012

ACTIB tanks will reduce sloshing and are suitable for widespread use for LNG containment Lloyd's Register has approved new prismatic IMO Type B independent cargo tanks, so called ACTIB (Aluminium Cargo Tank Independent Type B). The initial approval is for use in a DSME-developed 210,000 m3 STD LNG-RV design in accordance with LR's Guidance notes for liquefied gas carriers and floating offshore installations adopting IMO Type B independent tanks primarily constructed of plane surfaces.The approval in principal (AiP) follows a one year period of development and collaboration between DSME and Lloyd's Register. An evaluation for the next step - General Approval - has also been completed by Lloyd's Register.The ACTIB tanks, constructed of insulated aluminium 5083, will have the world's largest storage capacity in an independent, insulated LNG tank system. The volume capacity in the initial design will be nearly three times larger than comparable types currently in operation.One of the leading benefits of ACTIB is the potential for safe and more flexible operations in part filled conditions as the structural arrangement can be designed to withstand sloshing. So, as well as application in the DSME designed 210,000 m3 volume LNG carrier, the tank will be of particular interest for ...

DSME was the only recipient from the shipbuilding industry to receive award According to the 2011 company sustainability performance report published by Eco-Frontier, an intangible value assessment company, DSME received their AAA rating after Eco-Frontier had assessed 423 listed companies in Korea and divided them into seven grade levels ranging from AAA to CCC. 50 companies were awarded the AAA rating and DSME was the only recipient from the shipbuilding industry to receive this evaluation.DSME received an especially high score in environmental aspects such as risks factors, environmental management capacity, and strategic profit opportunity, as well as social aspects such as sustainable governance, human capital, stakeholder capital, products and services, and emerging markets.DSME' s HSE operations team Executive Vice President Mr. I.B.Lee said, "Corporate social responsibility has been enhanced and its demands have increased around the world. Thus the importance of openness and transparency in corporate sustainability and activities is being emphasized. By increasing our focus on eco-friendly management, DSME is able to continuously develop our environmental value."DSME also ranked 13th in Korea Joongang Daily's 2011 report on the 100 green corporations in Korea . In 2010, DSME was selected as one of the top thirty Korean CSR companies and ...

DSME names its vessels On 4th November, Hull No. 3609, which is a drillship ordered by Brazil based Odebrecht Oil & Gas was named 'ODN I' at quay D by Mrs. Vitoria Lins, spouse of Newton Lins Filho, Delba's Shareholder. At the same time Hull No. 3610 was named 'ODN II' by Mrs. Virginia Ramos, spouse of Roberto Ramos, CEO of Odebrecht Oil & Gas.Around 260 honored guests attended the naming ceremony including Roberto Ramos, the CEO of Odebrecht Oil & Gas, and Mr. Sang-Tae Nam, President & CEO of DSME.On 1st November, Hull No. 1208, which is a 180,000 DWT bulk carrier ordered by Brilliance Navigation CO. LTD. - TCC GROUP was named 'CSK BRILLIANCE' at quay F2 by Mrs. Akiko Asakura, spouse of Mr. Jiro Asakura, the President & CEO of Kawasaki Kisen Kaisha, Ltd.Around 70 honored guests attended the naming ceremony including Mr. Kenneth Koo, TCC Group Chairman & CEO, Mr. Jiro Asakura, the President & CEO of Kawasaki Kisen Kaisha, Ltd., and Mr. Sang-Tae Nam, President & CEO of DSME.On 31st October, Hull No. 1210, which is an 82,000 DWT bulk carrier ordered by KC MARITIME was named 'DARYA MA' at quay F1 by Mrs. Sumi ...

New era of LNG vessels is set to come LNG, as a promising fuel alternative, has not been used for container vessels.DSME and Germanischer Lloyd (GL) have proved the feasibility of running large container vessels on LNG in a recently completed joint project. At a press conference held during the Kormarine Trade Fair in Busan, both parties announced the progress they have made towards developing LNG-fuelled large container vessels. GL has recently finished approval in Principle of a 14,000TEU LNG-fuelled container vessel for DSME."New technology is needed as cleaner transport is increasingly demanded and maritime environmental regulations are becoming ever stricter," said Mr. Frederick Ebers, Vice President and Area Manager for North East Asia, GL, when he kicked off the press conference. "DSME and GL have acknowledged this challenge and agreed in 2010 to jointly start exploring technology options and safety concepts for large LNG-fuelled container vessels."Following Mr.Seo from DSME, who demonstrated the design concept of this LNG-fuelled container vessel, Dr. Gerd-Michael Wuersig elaborated on the safety concepts involved. Dr. Wuersig is Deputy Head of Environmental Research Department of GL and also a member of IMO Correspondence Group for the development of the Code for Gas as Ship Fuel (IGF-Code).He ...

DSME claims to be leading the market Daewoo Shipbuilding & Marine Engineering has stated that its CEO, Sang-Tae Nam, was solely responsible for developing the HP-FGS (high-pressure fuelled gas supply) system for MAN Diesel & Turbo's ME-GI engine.The company says that though there are small and medium sized LNG-fuelled vessels already, this is the first dual fuel two-stroke engine for large commercial vessels which form the majority of the shipping industry. The HP-FGS system effectively supplies highly-pressurised (about 300 bar) natural gas fuel to an engine. Existing FGS systems compress gas to a high pressure. This process requires enormous amounts of electricity and large deck area to accommodate the size of this equipment. However, the DSME HP-FGS system compresses LNG and vaporises it into gas form. With this method, this system can supply gas at about 300 bar using low electric power, typically about 100kW for the same amount gas supply, compared to existing similar products. It also is compact enough to be mounted on the ship.DSME points out that the ME-GI engine was originally developed in 1994 for power plants. It was not considered suitable for marine use because of the lack of high efficiency, high pressure gas supply ...

The largest and most efficient container vessels of the world Today, at a signing ceremony in Tokyo, Japan, Maersk Line exercised its option with Korea's Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build an additional 10 Triple-E ships, the world's largest and most efficient container vessels.The event follows Maersk Line's order in February this year for 10 Triple-E vessels with two options - each for an additional 10 ships."I am very excited to have signed a contract with Daewoo for 10 more Triple-E ships. We now have twenty Triple-E on order. They underline our strong commitment to the Asia-Europe trade and fit well with our current ambitions and expectations for the future development of the trade. We believe the Triple-E ships with their record capacity and energy efficiency will enable us to deliver on the commercial and environmental expectations of our customers and also give us a significant competitive advantage in the market," says Eivind Kolding, CEO of Maersk Line.Maersk Line expects demand on the Asia to Europe trade to increase 5-8% per year during 2011-2015. By introducing the Triple-E vessels from 2013, Maersk Line will be able to meet the increasing demand as well as maintain its market ...