Tag: South Korea

Hanwha Ocean and GCMD announced that they have signed a five-year strategic partnership agreement to advance maritime decarbonisation.

In early October, 2024, 15 members of South Korea's National Assembly, led by legislator Dae-rim Moon, introduced the Special Act for Supporting the Establishment of Green Shipping Corridors, marking a significant legislative step as the first of its kind globally.

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.