South Korean conglomerate Hanwha Group has completed its $100 million acquisition of Philly Shipyard through its subsidiaries Hanwha Systems and Hanwha Ocean, marking a historic moment as the first Korean…
Hanwha Ocean
Hanwha Ocean wins ABS AiP for standard FPSO design
ABS has awarded Hanwha Group member 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, the hull is designed to operate for up...
https://www.marinelog.com/offshore/oil-gas/hanwha-ocean-wins-abs-aip-for-standard-fpso-design/
Maersk orders 20 LNG dual fueled containerships
While Maersk may have started the momentum towards green methanol as a marine fuel, its concluding batch of orders placed under its fleet renewal plan announced in August cover 20 LNG dual fueled containerships with a total capacity of 300,000 TEU. This is in line with the trend noted in DNV’s latest Alternative Fuels Insight (AFI) update (see earlier story) in which LNG fueled containerships dominated the picture.
Maersk’s latest clutch of orders consists of:
- Two 9,000 TEU vessels ordered at...
https://www.marinelog.com/news/maersk-orders-20-lng-dual-fueled-containerships/
Asia Investors Chasing Trump Bets Zero In on Trade War Winners
By Abhishek Vishnoi and Georgina McKay (Bloomberg) – Investors across Asia have ramped up bets on potential winners from Donald Trump’s imminent return to the White House, fueling big jumps…
https://gcaptain.com/asia-investors-chasing-trump-bets-zero-in-on-trade-war-winners/
Wärtsilä cargo handling systems picked for VLAC quartet
Wärtsilä Gas Solutions has booked an order to supply cargo handling systems for four new 93,000 cubic meter capacity very large ammonia carrier (VLAC) vessels being built for Greek owner Naftomar. The contract has been placed by Korean shipbuilder Hanwha Ocean.
Wärtsilä says that its cargo handling systems are modern and proven technology that results from decades of pioneering work in gas solutions. With safety and efficiency as priorities, they are also designed to contribute to reducing...
https://www.marinelog.com/news/wartsila-cargo-handling-systems-picked-for-vlac-quartet/
Hanwha Ocean allays delay concerns for boxships
South Korea’s third-largest shipbuilder, Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) has sought to calm talk that a suspension of work at part of its Okpo yard could delay the completion of boxships it is building.
This content is locked
Select a CN Premium Subscription Package To Unlock The Content!
Remember Me
Don't have an account? Register
Martina Li
Asia Correspondent
jQuery(document).ready(function(){...
https://container-news.com/hanwha-ocean-allays-delay-concerns-for-boxships/
Hanwha Ocean Faces Shipyard Delays Following Worker Fatality
The death of a worker at Hanwha Ocean’s shipyard early this month has ignited scrutiny over safety practices in South Korea’s shipbuilding industry. Following the accident, in which a subcontractor…
https://gcaptain.com/hanwha-ocean-faces-shipyard-delays-following-worker-fatality/
Hanwha Ocean 4300 Frigate: South Korea’s Newest Weapon to Challenge China’s Naval Might
by John Konrad (gCaptain) At a defense expo in the Philippines, South Korea’s Hanwha Ocean unveiled its Ocean 4300 frigate, signaling more than just a new warship—it’s a direct challenge…
Hanwha Abandons Austal Takeover Bid Amid Due Diligence Dispute
Korean conglomerate Hanwha has officially withdrawn its takeover bid for Australian defense shipbuilder Austal, citing insurmountable obstacles in conducting due diligence. Following the acquisition of the former Daewoo Shipbuilding and…
https://gcaptain.com/hanwha-abandons-austal-takeover-bid-amid-due-diligence-dispute/
US Navy Collaborates with Allies’ Shipyards to Counter China’s Maritime Expansion
(Bloomberg) In any high-stakes military conflict with China, the US Navy will be critical to winning. But America’s shipbuilding industry is far from able to support what the Navy needs….