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DNV GL Awards AIP for SHI Cyber Secure Notation
The international accredited registrar and classification society DNV GL has presented South Korean shipbuilder Samsung Heavy Industries Co., Ltd. (SHI) with an…
SHI Losses Widen
South Korean Samsung Heavy Industries (SHI) reported its third-quarter net loss of 583.2 billion won (US$ 503.8 million), compared with a KRW80.30 billion loss in the same quarter a year earlier…
TMC to Equip Cardiff Gas LNG Newbuilds
Norwegean compressor supplier TMC Compressors of the Seas (TMC) has been awarded a contract to supply a complete marine compressed air system and associated equipment…
GTT LNG Carrier Orders at Record Highs
Gaztransport & Technigaz (GTT), a company specialised in the design of membrane containment systems for maritime transportation and storage of liquefied gas, said…
Two LNG Dual-Fuel DP Shuttle Tankers Unveiled
AET, a petroleum tanker owner and operator, has named its newest vessels, two of the world's first LNG Dual-Fuel Dynamic Positioning Shuttle Tankers (DPSTs). The vessels, the cleanest DPSTs ever built, will emit 40-48% less carbon than equivalent vessels built in 2008, meeting the International Maritime Organization's (IMO) target of reducing carbon (CO2) emissions by 40% against 2008 baselines by 2030…
Maersk Tankers Names 18th MR Unit
Danish tanker owner and operator Maersk Tankers held a naming ceremony for Maersk Curacao, its eighth MR unit being delivered by Samsung Heavy Industries (SHI)."SHA122…
SHI Wins Two LNGCs Orders from MISC
South Korean shipbuilder Samsung Heavy Industries (SHI) announced that it had secured orders for two 174,000-cbm LNG carriers from MISC Berhad (MISC), a global provider…
MISC Secures ExxonMobil LNG Tanker Contract
MISC Berhad (MISC) through its wholly-owned subsidiaries have secured agreements with Exxon Mobil Corporation’s wholly-owned subsidiary, SeaRiver Maritime LLC (SeaRiver) for the time charter contracts of two Liquefied Natural Gas (LNG) carriers.Each of the LNG carriers will respectively serve the transportation needs of ExxonMobil’s worldwide LNG portfolio on a 15-year charter contract.Prior to this…
SHI to Build Six Giant Box Ships for Evergreen
South Korean shipbuilding giant Samsung Heavy Industries (SHI) has signed shipbuilding deals for Taiwanese shipping line Evergreen’s latest ultra-large containerships…
Bloom Energy, Samsung to Design Electric Ships
California-based Bloom Energy, the provider of stationary fuel cells, has announced a collaboration with South Korean shipbuilder Samsung Heavy Industries (SHI)…
AEC Collaborates with ABS for ULEC
American Ethane Company (AEC) is collaborating with ABS, the global provider of classification and technical advisory services to the marine and offshore industries…
ABS, SHI Sign Digital Technology JDP
ABS and Samsung Heavy Industries (SHI) are to collaborate on the use of digital technologies to streamline designing, building, and classing assets in a joint development project (JDP) signed at Gastech 2019.The JDP encompasses 3D digital disclosure, data exchange, and the use of analytics to support the new construction process and pilot the survey of the future.The JDP is focused on three areas:•Piloting…
GTT Scores VLEC Order from HHI & SHI
French liquefied natural gas containment system specialist Gaztransport & Technigaz (GTT) has received an order notification for the tank design of six very large…
ABS, SHI to Develop Next Generation LNG Carrier
ABS, the global provider of classification and technical advisory services to the marine and offshore industries, announced that it is collaborating with South Korean…
Evergreen Orders Ten Ships
Taiwanese shipping line Evergreen has confirmed its plans to build a total of ten 23,000 TEU containerships.According to a stock exchange filing, the new vessels…
Boluda Tows World’s Largest Container Ship
Tugs from Boluda Towage Spain, the towing division of Boluda Corporación Marítima, have recently towed the largest container ship in the world in and out of the port of Algeciras.Built this year…
S. Korean Shipbuilding: Hyundai Dominates
According to recent statistics from VesselsValue, South Korea's shipbuilding business today is dominated by Hyundai with an order book backlog that stands at approximately $22 billion, nearly triple that of the next closest competitor in Samsung Heavy Industries. See the chart for full details on the 'Top 5'
LNGC Containment Market to Reach $16Bln By 2025
The global liquefied natural gas (LNG) carrier containment market was USD 11.21 billion in 2018 and is expected to reach around USD15.56 billion by 2025, growing…
SHI to Build Arctic LNG Ship for Zvezda
Russia's Zvezda Shipbuilding Complex has awarded the contract for the LNG carriers for the Arctic LNG 2 project to Samsung Heavy Industries (SHI). The South Korean company will also provide technical specifications and design documentation for the LNG carriers project.SHI will design LNG ships with 45 MW power capacity, enabling the safe transportation of LNG while breaking up to 2.1 meters of ice…
MacGregor Develops Cargo System for MSC Boxship
Cargotec company MacGregor has developed a new cargo system for one of the world’s largest container ships, the MSC Gülsün.The ship was built by South Korean company Samsung Heavy Industries (SHI) and delivered in July of this year, having a capacity of more than 23,000 TEU, a length of 400 meters and width of 61.5 meters, and is the first of 11 ultra-large containerships MSC has on order, six of which are being supplied by SHI.