HMM joins bid to acquire Hyundai LNG Shipping
HMM, Korea's largest container shipper, has joined a bid to acquire Hyundai LNG Shipping and buy back the company it sold in 2014.
HD KSOE to build LNG container vessels for Taiwanese shipper
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) won a 1.24-trillion-won ($937.36 million) contract to construct five massive liquefied natural gas (LNG) container ships for a Taiwanese shipper.
HMM may look to buy back Hyundai LNG Shipping
HMM, Korea's largest container shipper, is considering acquiring Hyundai LNG Shipping in a move that could help prevent the largest domestic liquefied natural gas (LNG) shipping company from falling into the hands of a foreign entity.
Maritime industry fears foreign purchase of Hyundai LNG
The potential sale of Hyundai LNG Shipping to a foreign company has sparked concerns in Korea's maritime industry due to the potential impact on the nation's energy security.
Korean shipbuilders fall behind China to global No. 2 in April
Korean shipbuilders have fallen behind China in terms of new orders for the month of April, sitting at second place globally, industry data showed Tuesday.
HD KSOE wins multiple contracts worth $2.1 billion for gas carriers
HD Korea Shipbuilding & Offshore Engineering (KSOE) won 2.79 trillion won ($2.3 billion) worth of orders from multiple clients in Europe, Oceania and Asia to build 12 gas carriers.
Dual-fuel plant in Ulsan the bridge to future of SK gas
SK gas will pour about 2 trillion won ($1.5 billion) into shifting its focus from its previous LPG business to LNG and hydrogen until 2026, according to Yoon Byung-suk, SK gas CEO, on Wednesday.
Greek shipper lodges record LNG carrier order with DSME
Daewoo Shipbuilding & Marine Engineering (DSME) won a contract for two liquefied natural gas (LNG) carriers at a record high price.
Posco International wins rights to develop Indonesia gas field
A consortium of Posco International and Indonesia’s state-run Pertamina Hulu Energy won the bid to explore, develop and produce a gas field lot off the eastern coast of Java Island, according to the company.
Posco International looks to renewables, LNG to keep up with changing times
As the global energy transition accelerates, Posco International is bracing for the big shift.