Hanwha Ocean
Hanwha Ocean News
ABS Approves Hanwha Ocean’s FPSO Design
American Bureau of Shipping (ABS) has awarded Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED standard FPSO design intended to create an asset optimized for deployment in the deep waters of West Africa.The FPSO design is 340 meters long and capable of storing approximately 2.38 million barrels of crude oil, with a daily crude oil production capacity of 190,000 barrels.Developed to accommodate topsides for crude oil and or gas production facilities…
Hanwha Ocean Gets Bureau Veritas Clearance for FPSO Design
Shipbuilder Hanwha Ocean has secured an Approval in Principle (AiP) from certification body Bureau Veritas for its standard Floating Production Storage and Offloading Unit (FPSO) design, which includes the latest developments in advanced digital solutions to support more energy efficient operations.Standard FPSO design of Hanwha Ocean measures 340 meters in length and 62 meters in width, with a crude oil storage capacity of 2.38 million barrels and a production capacity of 190…
Commander of Royal Canadian Navy Visits Geoje Shipyard
On November 10, Vice Admiral Angus Topshee, the 38th Commander of the Royal Canadian Navy, visited Hanwha Ocean’s Geoje shipyard and discussed Canada’s upcoming submarine acquisition project.This visit marks a significant step in the bidding process for the Canadian Patrol Submarine Project (CPSP), in which Hanwha Ocean is actively participating.During the visit, Hanwha Ocean introduced the KSS-III Batch-II submarine, a model that the proposed KSS-III CPS for CPSP is based upon.
QatarEnergy Inaugurates Four New LNG Vessels in Korea
QatarEnergy has inaugurated four new conventional-size LNG vessels built in Samsung Heavy Industries and Hanwha Ocean shipyards in the Republic of Korea as part of its historic fleet expansion program.The four new vessels - Id’asah, Nuaijah, Umm Swayyah, and Lebrethah - are part of 128 total vessels ordered from Korean and Chinese shipyards as part of the largest shipbuilding program in the history…
Shipbuilding Shares Soar After Trump, Yoon Call
South Korean President Yoon Suk Yeol spoke with Donald Trump on Thursday and congratulated him on winning the U.S. presidency on the "Make America Great Again" slogan as officials in Seoul worked to prepare for "significant" economic changes.Yoon and Trump held a 12-minute phone call and discussed the close security and economic ties of their two countries across all areas, a senior South Korean official…
MOL Inks Charter for Singapore’s First FSRU with Singapore LNG Corp
Mitsui O.S.K. Lines (MOL) has signed an agreement with Singapore LNG Corporation, Singapore's state-owned LNG terminal operator, on a long-term time charter contract for one newbuilding floating storage regasification unit (FSRU).The FSRU will be built at Hanwha Ocean in South Korea. After delivery, planned for 2027, MOL will own, manage, and operate the FSRU.The 200,000 m3 FSRU will be moored at the Jurong Port in Singapore…
Hanwha Ocean's Rotor Sails Earn DNV Type Approval
Classification society DNV has awarded Hanwha Ocean Type Approval Design Certification (TADC) for its innovative rotor sail technology, the first certification of a rotor sail approved for installation in hazardous zones in South Korea.The TADC confirms that Hanwha Ocean's Rotor Sail, designed with composite materials, is in line with DNV and international safety standards, guidelines and regulations and ready for practical application on commercial vessels.
South Korea's Hanwha Ocean Awarded First US Navy Repair Contract
Hanwha Ocean on Wednesday announced it has secured a contract that makes it the first Korean shipbuilder to provide maintenance, repair, and overhaul (MRO) services for the U.S. Navy.The 40,000-ton U.S. Navy dry cargo and ammunition ship USNS Wally Schirra is undergoing maintenance and inspection at Hanwha Ocean’s Geoje shipyard, with additional onshore maintenance work being conducted using the shipyard’s…
MOL Secures ‘World’s First’ AiP for LNG Carrier with Wind-Assisted Propulsion
Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for the design of a membrane LNG Carrier with Wind Challenger wind-assisted propulsion system.The AiP marks the world's first approval for an LNG carrier with a wind-assisted propulsion system, according to MOL, which developed the design of the system together with Hanwha Ocean.The LNG carrier that has obtained this AiP is capable of entering LNG terminals worldwide.
South Korea's Hanwha Ocean Cleared to Perform Ship Repair for the US Navy
South Korean shipbuilding group Hanwha Ocean on Tuesday announced it has been certified to participate in vessel maintenance, repair and overhaul (MRO) activities for the U.S. Navy.The company said its Master Ship Repair Agreement (MSRA) signed with the U.S. Navy enables it to bid to perform MRO work for U.S. naval vessels at its Geoje Shipyard in South Korea.Hanwha Ocean applied for the MSRA in January and underwent a rigorous accelerated evaluation process…
Hanwha Ocean Names New Head of Offshore Engineering
Hanwha Ocean announced it has hired Bram Van Cann as its new head of engineering for its offshore business.Bram brings to the role extensive expertise in the offshore and renewable energy sectors, with more than two decades of experience at SBM Offshore, ENGIE and Ocean Winds.
Hanwha Ocean Lays Keel for Cadeler WTIV Wind Maker
South Korean shipbuilder Hanwha Ocean has laid the keel for Cadeler’s newbuild wind turbine installation vessel (WTIV), Wind Maker.The vessel was ordered in 2021 by Eneti, which was acquired by Denmark-based Cadeler in 2023. The vessel was to be named Nessie under previous ownership.The Gusto MSC NG16000X self-propelled jack up will be fitted with a Huisman 2600t at 31m radius leg encircling crane, allowing the installation of 14MW+ offshore wind turbines.
Hanwha Launches New Affiliate Rounding Off Its Total Shipbuilding Solutions Capabilities
With the launch of Hanwha Engine, South Korea’s shipbuilder Hanwha has become fully equipped to provide total shipbuilding solutions, including engine production with in-house manufacturing and technology capabilities.Hanwha has officially launched its new affiliate, Hanwha Engine, after successfully acquiring HSD Engine, the world’s second-largest marine engine company in terms of market share.According to the company…
Hanwha Ocean Secures $258M Order for Two VLCCs
South Korean shipbuilder Hanwha Ocean has received an order to construct two very large crude carriers (VLCCs) for a shipping company in Oceania.The order for VLCCs, worth $257.8 million (342 billion won), is the first such order for Hanwha Ocean in the last three years. This is also the highest price for the vessels in 16 years, since the 2008 global financial crisis, the company said.The ships will be built at the Geoje plant and delivered to the shipowner in the first and second half of 2026…
Hanwha Ocean Receives $250M Order for Two Very Large Ammonia Carriers
Hanwha Ocean has secured an order worth approximately $250 million for two very large ammonia carriers (VLACs) for a shipowner in the Oceania region.Each VLAC will be able to transport 93,000 cubic meters (cbm) of ammonia, and will be equipped with eco-friendly technology, the South Korean shipbuilder said.In particular, the ships integrate the company's carbon-reduction technologies, including HS4 (Hanwha SmartShip Solution & Service)…
AET Names New LNG Dual-fuel VLCC
AET, a member of the MISC Group, held a naming ceremony in Singapore for its latest liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC), Eagle Veracruz.The Singapore-flagged 300,000 dwt tanker was named by Singapore’s Minister for Sustainability and the Environment (MSE) Grace Fu, who is also the Lady Sponsor of the vessel. The ceremony, which was held at the PSA Keppel Terminal, also saw attendance by Teo Eng Dih…
ABS and Hanwha Ocean Partner on Digital Shipbuilding Technologies
Classification society ABS and shipbuilder Hanwha Ocean signed a strategic framework agreement to advance the digital transformation of shipbuilding.Under the agreement, ABS and Hanwha Ocean formerly known as Daewoo Shipbuilding & Marine Engineering Co., Ltd., will work together conducting joint development projects aimed at examining digital technologies related to smart yards and smart ships with a focus on safety…
ABS Joins Project to Develop 40K cbm LCO2 Carrier
Maritime classification society ABS has joined a pioneering joint industry project (JIP) to collaborate on the development of a detailed design of a 40K cbm liquified carbon dioxide (LCO2) carrier that meets Class and statutory requirements with Ecolog Services Ltd. (ECOLOG), Hanwha Ocean Co., Ltd. and Babcock International Liquid Gas Equipment (LGE).According to ABS, the ultimate design will maximize…
ABS Grants AiP for World’s First Carbon Emission-free LNG Carrier Design
Maritime classification society ABS has issued an approval in principle (AIP) to Hanwha Ocean for its design of a liquified natural gas (LNG) carrier equipped with an ammonia-fueled gas turbine.ABS also issued an AIP to Hanwha Power Systems for its supercritical carbon dioxide (sCO2) power system. Efficiency improvements are reported as a result of using sCO2 as a working fluid in the turbine.The 174,000 cbm vessel would be the world’s first carbon emission-free LNG carrier.
