Japanese shipping company Mitsui OSK Lines (MOL), through a 100 per cent-owned subsidiary, has entered into a long-term time charter party (TCP) agreement with Polish gas transmission system operator Gaz-System for the operation of a floating storage and regasification unit (FSRU) off the Port of...
HD Hyundai Heavy Industries
Philly Shipyard and HD Hyundai sign MOU on potential business relationship
Philly Shipyard Inc., the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), and South Korea’s HD Hyundai Heavy Industries Co. Ltd. (a subsidiary of HD Hyundai Group, have signed a memorandum of understanding (MOU) to explore a potential business relationship relating to future U.S. government shipbuilding projects as well as maintenance, repair and overhaul (MRO) projects.
Philly Shipyard previously partnered with HD Hyundai for design and procurement support during the construction...
South Korea’s third KSS-III submarine commissioned into service
The Republic of Korea Navy (ROKN) recently commissioned its newest diesel-electric submarine into service. ROKS Shin Chae-ho is the third South Korean Navy submarine to be built under the KSS-III series, also known as the Dosan Ahn Changho-class. Like its sisters, the 3,000-tonne, 83.5-metre-long...
South Korean yard secures orders for Peruvian Navy ships
South Korean shipbuilder HD Hyundai Heavy Industries (HHI) has been selected as the preferred bidder for the local construction and co-production of four vessels slated for the Peruvian Navy. The contract covers the construction of a frigate, an offshore patrol vessel (OPV), and two landing craft....
South Korean yard to build submarines for export market
South Korean shipbuilder HD Hyundai Heavy Industries (HHI) will commence construction of new submarines for export customers. The submarine construction program will be undertaken with assistance from defence company the Babcock International Group. Each of the submarines that will be built will...
VIDEO: First large green methanol box ship Ane Mærsk set to enter service next month
Set to enter service next month, the world’s first large methanol-enabled container vessel has been named Ane Mærsk in a ceremony held at HD Hyundai Heavy Industries’ Ulsan, South Korea, shipyard. The 350-meter, 16,592 TEU vessel is named after Ane Mærsk Mc-Kinney Uggla, the chair of the A.P. Moller Foundation and A.P. Moller Holding. Her eldest granddaughter served as godmother and christened the vessel by breaking a champagne bottle over the bow.
Ane Mærsk is the first of Maersk’s 18 large...
Maersk names world’s 1st large methanol-powered containership
History was made at HD Hyundai Heavy Industries (HD HHI) in Ulsan, South Korea […]
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First of twelve 13,000 TEU LNG-ready boxships joins HMM
South Korean shipping major HMM has taken delivery of the first of twelve new LNG-ready 13,000 containerships.
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Changes to ABS rules aim to speed development of next-gen vessels and equipment
Claiming an industry first, ABS has made changes to its Marine Vessel Rules that support the development of the next generation of designs and equipment employing the latest technology driven by decarbonization and digitalization. The ABS rules now include an extensive set of newly developed functional requirements and a standardized risk-based methodology that provides a path for class approval. These rule enhancements are a result of a multi-year collaboration with industry, shipyards,...
HD Hyundai Heavy, NAPA and CADMATIC team up on ‘digital shipyard’
South Korea’s HD Hyundai Heavy Industries, the world’s largest shipyard, has announced a joint development project (JDP) with Finnish maritime software companies NAPA and CADMATIC to accelerate the digital transformation of the shipbuilding industry.
The post HD Hyundai Heavy, NAPA and CADMATIC...
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