In the decarbonization era, HD Hyundai sets to develop fuel cell technology for cruise ships. The South Korean conglomerate announced on June 19 that its affiliates HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyund..
Start-up Proteus Energy unveils compact hydrogen solution, targeting harbour craft and coastal vessels Singapore-based clean maritime technology start-up Proteus Energy is entering the commercial stage with a next-generation marine f..
22% drop in sub-15-year-old bulk tonnage projected by 2028 Efficiency, emissions, and regulations pushing aging fleet toward early exit New opportunities emerging for Korean builders, repair yards, and recyclers As aging vessels fa..
Secures 80% of annual order target in just five months Green tech opens doors to China’s protectionist market Global marine engine market to hit $17.5bn by 2032 HD Hyundai Heavy Industries (HD HHI) is making waves in the glob..
HD Hyundai has become the first in Korea to develop the Wing Sail, an eco-friendly device that harnesses wind power to move ships. HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company for HD Hy..
A global surge in demand for LNG and LPG carriers is fueling the financial performance of Sejin Heavy Industries, Korea’s leading builder of liquefied gas tanks for ships. The increase in tank orders follows rising international ..
How Equipment Suppliers Must Adapt to Real-Time, AI-Driven Ship Management The recent adoption of agent-based AI across ship management operations by global player V.Group has sent quiet but urgent signals across South Korea’..
Hankuk Carbon, South Korea's company that specialized in manufacturing composite materials and parts, is expected to continue its steep performance turnaround, following an earnings surprise in the first quarter of the year. The ..
HD Hyundai has taken a significant step toward the localization of electric propulsion systems for naval vessels, announcing the successful development and ground demonstration of a high-voltage propulsion drive based on modular multile..
While carbon capture and storage (CCS) technology, which captures and stores carbon dioxide (CO2) in the atmosphere for permanent isolation, is highlighted as an effective option for achieving global carbon neutrality, it is expected th..
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