Tag: Samsung Heavy Industries

Wärtsilä and Samsung Heavy Industries (SHI) signed a Joint Development Project (JDP) agreement with the goal to achieve a more efficient solution for LNG Carrier and Shuttle tanker vessels. The cost optimisation, including both CAPEX and OPEX, is among the project aims.

DNV GL announced that Samsung Heavy Industries INTELLIMAN Ship software is compliant with the EU-MRV and IMO-DCS regulations. The INTELLIMAN Ship is a smart ship solution, aiming to facilitate data management from fleet operation to life-cycle service. DNV GL confirmed that the software can be used as a recording and reporting tool.

Samsung Heavy Industries Co. is not interested in taking part in the race of purchasing Daewoo Shipbuilding & Marine Engineering Co., as its parent Samsung Group doesn't wish to expand its shipbuilding business, according to Yonhap. Yet, on January 2019 Hyundai Heavy Industries expressed its interest on buying, the second-placed, Daewoo Shipbuilding and Marine Engineering Co Ltd.

Samsung Heavy Industries Co., South Korea's shipyard, reported that its net losses increased by 13.9% during 2018 in comparison to 2017 because of fewer orders. Its net loss resulted to 388.2 billion won (US $346 million) in 2018, compared to 340.7 billion loss in 2017.

South Korean shipyards, for the first time after seven years, have surpassed China and take the lead on shipbuilding orders, according to new data from Clarkson Research. The data reveals that S. Korean yards received new orders that reached approximately the 12.63 million compensated gross tons in 2018, 44.2% of the 28.6 million CGTs that were reached globally.

Hyundai Heavy Industries (HHI) has exceeded its orderbook goal for this year before the year ended. Also, Daewoo Shipbuilding and Marine Engineering (DSME) surpassed its expectations.

Samsung Heavy Industries has its smart ship solution, Intelliman Ship, approved by Lloyd's Register. The smart ship solution aspires to eliminate cyber risks and optimise ships that have remote access to onboard operational data. Intelliman Ship aims to ensure compliance with LR’s new Digital Ships requirements.

At Eastern Economic Forum, Russian Zvezda Shipbuilding Complex, owned by United Shipbuilding Corporation, signed a Term Sheet with South Korea's Samsung Heavy Industries Co. Ltd. for creating a joint venture to manage projects for construction of Arctic shuttle tankers.

The South Korean shipbuilder selected Amazon Web Services, an Amazon.com company, as its preferred cloud provider to support its digital transformation. The company's smart shipping systems leverage a wide variety of services to create integrated systems for all vessel-related data collected from land to sea. 

The video, issued by Oslo-based Höegh LNG, depicts the launch of the company's 10th floating storage and regasification unit (FSRU) at the Samsung Heavy Industries shipyard in South Korea, on 13 July 2018. The vessel, to be named Höegh Galleon, is scheduled for delivery in the second quarter of 2019.