Hyundai News

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 said on Thursday.South Korea's ambassador to the United States also visited Trump's Mar-a-Lago home in Florida to meet with members of the president-elect's camp…

The US Federal Maritime Commission (FMC) has opened a 15-day comment period for members of the public to comment in response to a newly filed vessel sharing agreement between Ocean Network Express (ONE), Hyundai Merchant Marine (HMM) and Yang Ming Marine Transportation (Yang Ming).ONE, HMM and Yang Ming are parties to THE Alliance Agreement (No. 012439) that is currently in effect.The five-year agreement, titled the Premier Alliance Agreement, authorizes the three ocean common carriers to share vessels…

DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K TEU ammonia dual-fuelled container vessel design.This award follows the successful completion of a joint development project aimed at addressing the challenges associated with using ammonia as a marine fuel.The project focused on developing cutting-edge designs to enhance safety, including an optimized ammonia tank design, advanced fire safety systems, enhanced ammonia release mitigation…

HD Hyundai Heavy Industries Engine & Machinery (HHI-EMD) has signed a contract with China Huangpu Wenchong Shipbuilding Company and Taiwan’s Evergreen Line to supply 18 methanol dual-fuel HiMSEN engines (7H22CDF-LM) for six 2,400 TEU container ships.HHI-EMD has successfully introduced the eco-friendly methanol HiMSEN engine H32DF-LM (3,000~4,500kW) for ultra-large container ships, with a total of 352 engines ordered and manufactured to date.Following this, the newly developed H22CDF-LM (1…

The shipping industry is looking into ammonia as an alternative fuel for powering ships, amid other ongoing plans to cut carbon emissions and achieve net-zero by 2050.Here is a list of companies with ammonia-fuelled ship projects:NIPPON YUSEN KAISHA (NYK)NYK, with IHI Power Systems and Nippon Kaiji Kyokai (ClassNK), completed the world's first ammonia-fuelled tugboat, Sakigake, on Aug. 23. The vessel will operate in Tokyo Bay for three months.NYK is also building the world's first ammonia-fuelled medium gas carrier…

French engineering company GTT has received an order from Korean shipyard HD Hyundai Samho for the tank design of two new Ultra Large Ethane Carriers (ULEC).The order has been placed on behalf of shipowner Eastern Pacific Shipping.GTT will design the tanks of these two vessels, which will each offer total capacity of 150,000 m3. The tanks will be fitted with the Mark III membrane containment system developed by GTT.The containment system has been designed to carry a wide range of liquefied gases from the petrochemical industry…

The Maritime and Port Authority of Singapore (MPA) led the 16th Joint Oil Spill Exercise (JOSE) on October 11 and tested new oil spill response technologies.Over 100 personnel from 18 agencies and companies participated in JOSE 2024, which included a table-top exercise and a seaward deployment exercise at the Western Anchorage, off Pasir Panjang Terminal.Terminal operators on Jurong Island and Pulau Bukom activated their emergency protocols and deployed craft to spray dispersants. Protective booms were also deployed.MPA also tested new technologies which could support oil spill response.

European automakers are the most likely to be affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could prove "debilitating" to the entire sector, industry officials and analysts said.The dockworkers began their first large-scale stoppage in nearly 50 years early on Tuesday, halting the flow of about half the nation's ocean shipping.The International Longshoremen's Association union representing 45…

ABS has awarded approval in principle for two new autonomous technologies from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI).The Unmanned Ammonia Engine Room technology allows for a remote propulsion control station with gas safety technology on the navigation bridge of an ammonia-fueled vessel with the capability to monitor the machinery space. The centralized control station can be periodically unattended and can take automated…

Certification body DNV has issued an approval in principle (AiP) for an 80,000m3 capacity liquefied hydrogen carrier, jointly developed by Mitsui O.S.K Lines (MOL), Woodside, HD Korea Shipbuilding and Offshore Engineering (HD KSOE), and Hyundai Glovis.MOL has been working with the partners to develop a liquefied hydrogen carrier since January 31, 2024.DNV’s AiP follows the completion of the hazard identification study (HAZID), a safety evaluation method for plants and systems…

American Bureau of Shipping (ABS) has granted an approval in principle (AiP) to HD Hyundai Mipo (HMD) for the design of cargo containment system for a liquefied carbon dioxide (LCO2) carrier.HMD developed a cargo containment system optimized for a 35,000 cbm LCO2 carrier using new cargo tank materials.Ahead of issuing the AiP, ABS completed design reviews based on class and statutory requirements for liquefied gas carriers.“Capturing and transporting carbon are key components in the carbon value chain for the global energy transition.

HD Hyundai Marine Solution, HD Hyundai Engineering & Technology, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), and Hyundai Heavy Industries Power Systems have obtained Approval in Principle (AIP) from DNV for their design of an onboard carbon capture and storage (OCCS) system for retrofits.The retrofit design is applicable to a wide range of vessels, and DNV's AIP confirms that the OCCS technology is both feasible and prepared to meet emerging regulatory requirements.The project was conducted as a Joint Industry Project (JIP) between DNV and the HD Hyundai companies…

Malaysian state energy firm Petroliam Nasional Berhad (Petronas) on Monday said it would add three energy-efficient LNG vessels to its North American operations.The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.Petronas has a 25% stake in the LNG Canada plant in Kitimat, British Columbia, on the west coast of Canada."With the arrival of these new vessels…

Danish pure play product tanker company TORM on Monday announced it has entered into an agreement to acquire eight secondhand MR vessels in a $340 million cash and stock deal. TORM did not name the seller.The vessels have all been built by South Korea's Hyundai Mipo Dockyard in 2014 and 2015, and six of the vessels have been fitted with scrubbers. TORM said it expects to take delivery of the vessels during the third and fourth quarters of this year.The purchase price, which includes a cash consideration of $238 million and the issuance of approximately 2.65 million shares…

DNV has issued an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for its cutting-edge electric propulsion liquefied hydrogen (LH₂) carrier design, which has the potential to store and transport up to 80,000 cubic meters of LH₂. The approval is a key achievement in a collaborative effort involving major industry players: HD KSOE, Woodside Energy, Hyundai Glovis, and Mitsui O.S.K. Lines (MOL). Together, these companies are working to create…

STAX Engineering announced it has secured a five-year contract to deploy its cutting-edge emissions capture services at Shell’s Mormon Island Terminal in the Port of Los Angeles, coinciding with new California Air Resources Board (CARB) emissions regulations. STAX’s emission capture and control solution offers an alternative to shore power for emissions reduction for tankers. Available as a land- or barge-based solution, the mobile, flexible exhaust capture system is designed to fit all ships without modification…

The Grimaldi Group took delivery of the fifth G5-class multipurpose con-ro from Hyundai Mipo Dockyard.Named Great Casablanca, this vessel will operate between Northern Europe and West Africa, like all six sister ships in the series.With length of 250 metres, beam of 38 metres and deadweight of 45,684 tonnes, the design of the G5 vessels has a completely customized internal configuration enabling them to transport 4,700 linear metres of rolling freight, 2,500 CEU (Car Equivalent Units) and 2,000 TEU (Twenty Foot Equivalent Units).

Bardex completed its phase of floating production system (FPS) for the Shenandoah project: delivering its Off Vessel Tensioning (OVT) BarLatch mooring system. When installed, the FPS will be located in the deepwater Gulf of Mexico at more than 1800 m water depth. This is the second FPS project in which Bardex partnered with HD Hyundai Heavy Industries to supply its patented OVT BarLatch system. The first was the King’s Quay FPS, also moored in the Gulf of Mexico, which marked the inaugural implementation of Bardex’s OVT method.

Avikus on Friday announced it is working toward gaining word-first DNV Type Approval for its innovative autonomous vessel systems.The South Korea-based marine technology company said it cemented its partnership with classification society DNV with an agreement signed this week at the SMM maritime trade fair in Hamburg, Germany.Avikus said it is progressing through DNV’s System Qualification process for its autonomous navigation system, HiNAS Control, under DNV-CG-0264 and relevant international standards.

TotalEnergies has supplied its first B100 biofuel bunker in Singapore, marking an expansion in its low-carbon fuels offer in an effort to support the decarbonization goals of global shipping.On August 5, TotalEnergies Marine Fuels used an IMO Type II chemical bunker tanker, MAPLE, owned by Global Energy Group, to transfer 700 metric tons (mt) of the 100% Used Cooking Oil Methyl Ester (UCOME-based) biofuel to a pure car and truck carrier (PCTC), Glovis Cosmos, which is owned by Hyundai Glovis.The UCOME biodiesel supplied is a second-generation…

HD Hyundai Heavy Industries has placed on order to French engineering firm GTT for the tank design of two new liquefied natural gas (LNG) carriers, on behalf of a European ship-owner.GTT will design the tanks of these two vessels, which will each offer a capacity of 174,000 m3.The tanks will be fitted with the Mark III Flex membrane containment system developed by GTT.Delivery is scheduled between the first and second quarters of 2028.

The keel has been laid for the first of six new 46,000m³ midsize liquefied petroleum gas (LPG)/ammonia carriers being built at HD Hyundai Mipo in South Korea for Exmar LPG, a joint venture between Exmar and Seapeak.The series' first newbuild is scheduled for delivery during the first quarter of next year, and the remaining vessels will be delivered through the end of 2026.The first two vessels in this series will be powered by LPG dual fuel engines, while the last four will be driven by ammonia—a world first.

French engineering firm GTT has received two orders from its Korean partner HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to design the cryogenic fuel tanks for 12 new LNG-fueled container vessels on behalf of CMA CGM.Under these new orders, HD Hyundai Heavy Industries (HHI) and HD Hyundai Samho (HSHI) will each build six container ships.Each ship will offer a capacity of 15,500 TEU and integrate LNG tanks with a total volume of 12,700 m³.These tanks will incorporate…