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Hanwha Ocean swings to black in Q3

Hanwha Ocean announced on October 29 that the South Korean shipbuilding tycoon posted revenue of KRW 2.7031trn ($1.95bn) and operating profit of KRW 25.6bn for the third quarter of 2024. For the nine months to September 30, 2024, the co..

News > Shipbuilding > 2024-10-30 09:26:03

Korean yards brace for octet vessel construction

Taiwanese operator issued a public statement, noting that the company had inked an order for eight methanol-powered Neo-Panamax boxships to Korean shipyards. The yards behind the vessel construction are known to be HD Hyundai Samho and ..

News > Shipbuilding > 2024-10-30 09:24:20

HD KSOE's Twin-skeg finally applied

HD Korean Shipbuilding & Offshore Engineering (HD KSOE), the holding company of HD Hyundai's marine, offshore segment, recently announced that it received Approval in Principle (AiP) from DNV and Lloyd's Register regarding a..

News > Shipbuilding > 2024-10-30 09:21:08

HD Hyundai cutting GHG in shipbuilding process

Recently, the Ministry of Trade, Industry, and Energy of Korea (MOTIE) held a meeting and conditionally approved HD Hyundai Heavy Industries’ project to use evaporated gas from LNG vessels for city gas. When LNG ships are built..

News > Shipbuilding > 2024-10-30 09:19:27

HZ has six 14K boxships inked for construction

China's Hudong-Zhonghua Shipyard under CSSC received an order to build six Neo-Panamax 14K boxships by Cosco Shipping Lines. TradeWinds explained the newbuild will be 336m in length, 51m in breadth, and have a maximum capacity of..

News > Shipbuilding > 2024-10-30 09:18:18

Huangpu secures AiP for eco-friendly ships

Huangpu Wenchong Shipyard, part of China State Shipbuilding Corporation (CSSC), has reportedly secured Approval in Principle (AiP) from the China Classification Society (CCS) for the design of one ammonia dual-fuel container ship and on..

News > Shipbuilding > 2024-10-30 09:15:21

'Marvel Swallow' named at Hanwha Ocean

Hanwha Ocean had a naming ceremony for 174,000 cbm LNG carrier for Japanese operator Mitsui OSK Lines (MOL). During the event that has recently been held, the newbuild was christened 'Marvel Swallow', LNGPrime reported. Wi..

News > Shipbuilding > 2024-10-30 09:13:28

Shipbuilding & maritime industries must prepare for 5th industrial revolution

As artificial intelligence (AI) technology is set to greatly improve safety and efficiency in shipping, experts emphasize the urgent need for the shipbuilding and maritime sectors to prepare for the innovations that the Fifth Industrial..

News > General > 2024-10-30 09:10:04

ClassNK issues AiP for LNGC

ClassNK has issued an approval in principle (AiP) for a 30,000 m³ LNG carrier equipped with two Mark III Flex membrane tanks, developed by GTT. The vessel’s ballast tank design and ballasting operations allow for the eliminat..

News > Shipbuilding > 2024-10-30 09:08:12

ABS sees potential in nuclear tech on LNGC

ABS released its latest report into the potential of advanced nuclear technology for maritime applications, with a study of a small modular reactor on a standard liquefied natural gas (LNG) carrier. The transformational impact of a h..

News > Shipbuilding > 2024-10-30 09:03:06