Tag: HHI

Hyundai Heavy Develops High Performance LNG Cargo Containment System

Hyundai Heavy wins approval for new HiMSEN engine

Hyundai Heavy Wins Approval for New HiMSEN Engine

Hyundai Heavy Completes TAT of G-Type Marine Engine

Seaspan Signs Newbuilding Contracts for Fuel Efficient Vessels at HHI

Next-Generation Drillship Design Developed by HHI and LR

HHI Develops Independent LNG Storage Tank Model, South Korea

Hyundai Heavy s Unveils World s First Gas Engine Package

The FSRU will be delivered in the second quarter of 2014 Höegh LNG has, pursuant to a successful private placement, today exercised an option for a new FSRU to be built at Hyundai Heavy Industries Ltd. in Korea.The FSRU will be delivered in the second quarter of 2014, and its specifications will be adapted to comply with relevant project requirements.Höegh LNG's President and CEO, Sveinung Støhle, says in a comment:"With our two FSRUs on order allocated to specific projects in Indonesia and Lithuania, the Company continues focusing its growth plans at the floating regasification market, and is currently participating in several tender processes for additional FSRU projects. We have therefore decided to place an order for a third FSRU to be built at Hyundai. Our strategy to expand in the floating regasification market worldwide remains firm and we believe in strong continued growth in this segment."LNG FSRUs receive liquefied natural gas from offloading LNG carriers. The installed regasification system provides gas send-out through flexible risers and pipelines to shore.Raised USD 200 MillionThe company today also announced that it has raised NOK 1,200 million (ca USD 200 million equivalent) in gross proceeds through a private placement of 22,641,509 new shares, each ...

Hamworthy Krystallon signs contract with HHI Hamworthy Krystallon, the leading marine scrubbing technology manufacturer, signed a significant contract with Hyundai Heavy Industries (HHI), the worldʼs biggest shipyard. The contract will see Hamworthy Krystallon deliver a scrubber system on a Liquified Petroleum Gas tanker being constructed for Solvang ASA. The 84.000 cubic meter (cbm) VLGC will have the worldʼs first full vessel scrubber system.The newbuild vessel will be fitted with two scrubbers; one for the main engine and one combined scrubber for three auxiliary engines. The scrubbers and washwater treatment will be situated in the funnel, in a modular design. This concept can readily be applied to similar vessels such as tankers, demonstrating that seawater scrubbers can help ship owners comply with upcoming regulations, irrespective of vessel type and size.It is the first commercial contract for a full vessel system, allowing the vessel to operate whilst burning only heavy fuel oil. The newbuild vessel has been designed to take into account all aspects of energy efficiency and environmental performance, using Solvangʼs and HHIʼs extensive experience. The drive for energy efficiency will also see the vessel fitted with a next generation Hamworthy Cargo Handling system, which will ensure lower energy consumption and ...