HD Hyundai Samho, Wan Hai sign LOI for methanol-powered ships

South Korea's HD Hyundai Samho secured a potential order for four methanol dual-fuel container ships from Taiwan's Wan Hai Lines, according to the...

HMM, SIPG to cooperate on eco-friendly fuel

South Korea’s major ocean carrier HMM Co. announced on Wednesday that it signed a Shanghai Port Clean Marine Fuel memorandum of understanding ...

HD Hyundai launches world's first mega methanol-fueled container

South Korean shipbuilding giant HD Hyundai Co. marked a major milestone in the maritime industry on January 28, christening the world's first mega m...

Korean shipbuilders shrug off concerns over lower new ship prices

South Korean shipbuilders shrugged off concerns of an industry peak-out boosted by the first fall of new vessel prices in 45 weeks and lower used sh...

HD Hyundai to supply methanol engines to Japanese shipmaker

South Korea's HD Hyundai Co. is supplying its first HiMSEN engine using methanol fuel to a Japanese shipmaker. This represents an acceleration in th...

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 ...

Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen

Samsung Heavy Industries Co., a leading South Korean shipbuilder, has won a 3.96 trillion won ($3.13 billion) deal to build 16 methanol-powered cont...

HMM, Lotte Fine Chemical to partner for ammonia sea transport

South Korea's HMM Co. and Lotte Fine Chemical Co. have formed a partnership to transport and supply next-generation environmentally friendly fuel, a...

KSOE in $1.5 billion shipbuilding deals with Maersk, Excelerate Energy

Korea Shipbuilding & Offshore Engineering Co. said on Wednesday it has clinched a 1.62 trillion won ($1.15 billion) order to build six methanol-...

Samsung, Lotte, POSCO to build hydrogen plant in Malaysia

Samsung Engineering Co., Lotte Chemical Corp., and POSCO signed a memorandum of understanding (MoU) with Sarawak Economic Development Corporation (S...

KSOE in $1.4 billion deal to build 8 methanol-powered ships for Maersk

Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...