Tag: South Korea

JERA Co., Inc. has entered into a Joint Collaboration Agreement with Lotte Fine Chemical Co., Ltd. (LFC) to develop low carbon fuel value chains.

On August 1, 2024, Ulsan Port Authority (UPA) signed a $17.6 million equity investment agreement with Hyundai Oil Terminal Corporation to establish an alternative marine fuel supply chain centered at Ulsan Port.

HD Korea Shipbuilding & Offshore Engineering, has secured a significant order for new containerships, with the deal valued at around $27 billion.

Yang Ming Marine Transport Corporation (Yang Ming)'s vessel YM Together, a 11,000-TEU container ship, recently became the first foreign-flagged vessel in South Korea to bunker biofuel, marking progress in sustainable development and energy transition.

Tailored online training delivered by IMO’s SMART-C Women Project is helping women in the Asia-Pacific region elevate their maritime careers and close the gender gap in the sector. 

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has developed an integrated scrubber technology for ammonia-fueled vessels, aiming to enhance safety.

The Great Abidjan has joined the Grimaldi Group’s fleet. This is the fourth of six multipurpose ro-ro units belonging to the "G5" class and commissioned from the Hyundai Mipo Dockyard Co. shipyard in Ulsan (South Korea). 

Pacific Environment and the Ulsan Port Authority signed a Memorandum of Understanding (MOU) outlining a vision of multi-year collaboration to accelerate zero-emission shipping and ports in the Republic of Korea, within Asia, across transpacific and global corridors.

Global industry leaders from North America, Asia and Europe have announced the formation of the North Pacific Green Corridor Consortium (NPGCC) whose members and partners will work together to decarbonize the value chain for commodities between North America and Asia.

HD Korea Shipbuilding & Offshore Engineering has launched a new research and development facility named the Marine Innovative Decarbonization R&D at the HD Hyundai Heavy Industries yard in Ulsan.