Tag: South Korea

CYTUR has successfully completed the Smart Ship Cybersecurity Demonstration Project in 2023 with funding from the Ministry of Science and ICT and the KISA (Korea Internet & Security Agency).

A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds that South Korea is rapidly developing liquefied natural gas (LNG) import and storage terminals, presenting a high risk of overinvestment and overcapacity. 

For the first time in Korea, simultaneous operations (SIMOPs) of ship-to-ship LNG bunkering were successfully conducted for a coal-carrying bulk carrier at the POSCO raw material dock, one of the loading docks at Gwanyang port.

KR, in collaboration with the Marshall Islands Registry, announced the granting of an Approval in Principle (AiP) for an Onboard CO2 Capture System (OCCS) developed by Hanwha Ocean during Kormarine 2023 in Busan, South Korea.

HD Korea Shipbuilding & Offshore Engineering (KSOE) and Qatar Energy have signed a contract for the construction of seventeen LNG carriers.

ERMA FIRST has received the coveted South Korean flag Type Approval for its market-leading ERMA FIRST FIT ballast water treatment system.

South Korean National Intelligence Service in a recent statement calls for caution over spread of hacking targeting North Korea's shipbuilding industry. 

HMM announced that it conducted a trial use of a sustainable marine biofuel on its 6,400TEU containership HMM TACOMA calling in Busan, South Korea.

The world's first ship with an AI engineer has been delivered by HD Korea Shipbuilding & Offshore Engineering. 

ADNOC Logistics and Services (ADNOC L&S) announced that taking delivery of a third newbuild very large crude carrier (VLCC). The vessel “Arzanah” is the third of four LNG dual-fuel VLCCs delivered this year.