2100-TEU container vessel
Scope
Date
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Shipping & Shipbuilding
HD KSOE lowers order target by 39% in 2024
South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Thursday that it has lowered its order target for this y...
Jan 04, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $240 mn order for two VLACs
South Korea's shipbuilder Samsung Heavy Industries Co. announced on Tuesday that it has won a 310.8 billion won ($240 million) order for two very la...
Dec 26, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Poultry processor Harim to buy Korean top sea carrier HMM for $5 bn
South Korea’s leading poultry processor Harim Group is set to acquire the country’s No. 1 sea flag carrier HMM Co. for about 6.4 trillio...
Dec 18, 2023 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang develops microwave-safe coated paper with PHA
South Korean food company CJ CheilJedang Corp. announced on Monday that it developed a compostable coated paper technology using the biodegradable b...
Nov 27, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean wins world's largest ammonia carriers order
South Korea's Hanwha Ocean Co. secured 656.2 billion won ($496 million) worth of four very large ammonia carriers (VLAC) order from the Greek shippi...
Nov 14, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipyards to beat Chinese rivals with green tankers
South Korean dockyards aim to expand their presence in the global tanker market dominated by Chinese players with vessels designed to transport or s...
Nov 07, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s HMM expands bulk carrier fleet for stable profit
HMM Co., South Korea’s top shipping company, is expanding its fleet, especially bulk carriers, for stable profits amid the sluggishness of the...
Nov 02, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility secures contract for cask design from KHNP
South Korea's Doosan Enerbility Co. announced on Thursday it secured a contract for dry storage systems of spent nuclear fuel comprehensive design s...
Nov 02, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean to target Southeast Asian defense market
South Korea's Hanwha Ocean Co. will participate in Defense & Security (D&S) 2023 in Bangkok, Thailand. The company said on Thursday it ...
Nov 02, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to design digital vessels with ABS
South Korea’s Hanwha Ocean Co. on Sunday announced its conclusion of a basic accord with the Houston-based American Bureau of Shipping (ABS) t...
Oct 30, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
SK Enmove, Hanwha Aerospace to develop ESS for vessels
South Korea’s lubricating oil maker SK Enmove Co. and defense industry company Hanwha Aerospace Co. will jointly develop energy storage syst...
Oct 26, 2023 (Gmt+09:00)
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Chemical Industry
Toray Advanced Materials to spur carbon fiber production in Korea
Toray Advanced Materials Korea Inc. (TAK) broke ground on its new facility for carbon fiber production in Gumi, North Gyeongsang Province on Monday,...
Oct 23, 2023 (Gmt+09:00)
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Hydrogen economy
Hanwha Aerospace, KATECH to collaborate on hydrogen fuel cell
South Korea's Hanwha Aerospace Co. announced on Monday it signed a memorandum of understanding (MOU) with the Korea Automotive Technology Institute ...
Oct 23, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's HMM creditors convert $739 mn bonds into shares
Shares of HMM Co., South Korea’s No. 1 container line, are likely to fall as its main creditors exchanged perpetual convertible bonds (CBs) an...
Oct 20, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Siemens to jointly build smart shipyard
South Korean HD Hyundai Co. and Siemens, a Germany-based global smart engineering company, will jointly develop a data platform for building a smart...
Oct 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy develops container loss prevention device
South Korean shipbuilder Samsung Heavy Industries on Tuesday revealed its latest invention Special Structure Anti-Container Loss (SSA-CL), using its...
Oct 17, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE builds world’s first mid-size ammonia-fueled vessel
South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE), an affiliate of HD Hyundai Group, is building the world's first mid-siz...
Oct 16, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy develops laser high-speed welding robot for LNG vessels
South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...
Sep 21, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Dongwon founder vows to acquire Korea’s top container line HMM
Dongwon Group, South Korea’s leading seafood and logistics conglomerate, has vowed to acquire HMM Co., the country’s top container ship ...
Sep 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai holds christening of methanol-powered ship
South Korea’s HD Hyundai Co. announced on Monday that it held a christening ceremony on Thursday at the Port of Copenhagen in Denmark for the ...
Sep 18, 2023 (Gmt+09:00)
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Chemical Industry
SK Chemicals wins APR certification for five recyclable materials
South Korea's SK Chemicals announced on Tuesday that five of its recyclable materials, which are used for packaging in the cosmetic, food, and bever...
Aug 29, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
SM Korealine gets self-sailing approval from Panama
SM Korealine Co., a unit of SM Group's maritime division, announced on Monday that its subsidiary Korealine LNG, has obtained approval for self-sail...
Aug 28, 2023 (Gmt+09:00)
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Mergers & Acquisitions
LX Group may bid for container line HMM in four-way race
South Korea’s logistics-to-trading conglomerate LX Group is expected to join the race for the country’s No. 1 shipping company HMM Co. i...
Aug 18, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis to secure additional 12 car transport vessels by 2025
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to secure an additional 12 vehicle transport vessels by 202...
Aug 09, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE wins order for 2 LNG carriers
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Thursday said it landed a deal to build two liquefied natural gas (L...
Aug 04, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Aerospace ventures into eco-friendly ship market
South Korea's Hanwha Aerospace Co. announced on Thursday that it has completed the development of a megawatt-hour (MWh) energy storage system (ESS)....
Aug 03, 2023 (Gmt+09:00)
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Carbon neutrality
Nearly all HMM ships meet int'l CO2 rules
South Korea’s No. 1 container transportation and shipping service HMM Co., Ltd on Monday said the Carbon Intensity Indicator (CII), which meas...
Jul 25, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SM Group to buy HMM but not for over $3.5 bn: SM Chair Woo
SM Group has enough financial ammunition to buy the country’s No. 1 container shipping line HMM Co. but would not join the bid for the latter&...
Jul 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE secures order for world's largest liquefied CO2 carrier
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an intermediate subsidiary of HD Hyundai Co., has successfully won a contract to build t...
Jul 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Heavy Industries gets early jump on green vessel market
South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using its own technology and...
Jul 19, 2023 (Gmt+09:00)