HD Korea Shipbuilding & Offshore Engineering, Hyundai Glovis, Woodside and MOL will collaborate to develop a marine transportation system for liquefied hydrogen.
HD Korea Shipbuilding & Offshore Engineering secured a $366 million order to build three very large ammonia carriers for a Central and South American shipper, with delivery scheduled for June 2028.
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) inked a contract with a European shipping company for two very large gas carriers (VLGC) at 303.2 billion won ($230.5 million), marking the first contract of the year 2024.
HD Korea Shipbuilding & Offshore Engineering won a $500 million order to build three large ethane carriers for an Oceanian shipper, according to the company on Friday.
Norwegian firm DOF Subsea is optimistic about the potential of Korea's offshore wind power market. The company has established a regional office in Busan, in cooperation with SKY Offshore, to bolster its presence in Korea.
HD Korea Shipbuilding & Offshore Engineering (KSOE) inked a $432.4 million order for four very large ammonia carriers (VLAC) for a European shipper.
Korea's three big shipbuilders will be vying to win a series of liquefied natural gas (LNG) carrier orders scheduled for the latter half of the year, including an approximately $10 billion contract from Qatar.
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) secured a 616.8 billion won ($461.8 million) order for the construction of four Very Large Ammonia Carriers (VLACs), the company said Thursday.
Equinor, Norway’s state-run oil and gas supplier, will work with Posco International to build the world’s largest offshore floating wind farm in Ulsan, the companies said Thursday.
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) acquired STX Heavy Industries, securing a 35 percent stake in the local ship engine maker for 81.3 billion won ($63.7 million).
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