KSOE

KSOE Takes An Order Of 6 ConRo Vessels From European Client

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediary holding company of Hyundai Heavy Industries Group, has won an order for six 45,700-ton ConRo vessels, ships that combine features of both a container ship and a roll-on/roll-off (RoRo) vessel, says an article published in Business Korea.

Contract value

The contract, valued at 570 billion won, was awarded by a European client.

ConRo vessels vast storage

ConRo vessels can carry not only container boxes but wheeled cargo, such as cars,...

https://mfame.guru/ksoe-takes-an-order-of-6-conro-vessels-from-european-client/

KSOE Wins Newbuild Orders Worth $ 489m

KSOE extended Korea’s winning streak in tankers by adding 540 billion won ($489 million) in new orders, says a press release published on their website.

VLCC newbuildings

The shipbuilding holding entity of South Korea’s Hyundai Heavy Industries Group in a regulatory filing said that it landed a contract to build three very large crude carriers (VLCC) for an Asian client at 298.8 billion won. 

The VLCCs will be built by its subsidiary Hyundai Samho Heavy Industries for delivery from the second half...

https://mfame.guru/ksoe-wins-newbuild-orders-worth-489m/

KSOE Bags Orders for 3 Ships Worth 152b Won

Korea Shipbuilding & Marine Engineering (KSOE), has won orders for three ships worth 152 billion won, reports BusinessKorea.

About the contract 

KSOE announced on Feb. 8 that it has recently signed a contract with Oceania-based shipping companies to build three ships. 

This includes two 40,000-cubic-meter LPG carriers and one 40,000-ton petroleum carrier (PC). 

In particular, the PC ship contract includes an option for one more ship of the same class.

Shipyard and delivery

The LPG carriers and PC...

https://mfame.guru/ksoe-bags-orders-for-3-ships-worth-152b-won/

KSOE Gets AiP For Wing Sail Propulsion System

DNV GL has awarded an Approval in Principle (AIP) to Korea Shipbuilding and Offshore Engineering (KSOE) for a wing-sail auxiliary propulsion system for ships – the result of a joint research project between KSOE and SK Shipping, says an article published in Marine Insight.

Virtual Award Ceremony

The virtual award ceremony recently took place in the presence of Hyunjoon Shin, Head of the Future Ship Research Department of KSOE, Haeyong Son, Vice President of SK Shipping, and Sung-Ho Shin, Key...

https://mfame.guru/ksoe-gets-aip-for-wing-sail-propulsion-system/

Singapore’s Antitrust Watchdog Approves Merger

  • Singapore’s antitrust watchdog approved the merger of the world’s two largest shipbuilders.
  • CCCS has concluded the screening process.
  • The authorities decided to approve the deal without conditions.
  • The deal will be completed when the world’s two largest shipbuilders get approval from antitrust watchdogs.
  • The six regions include South Korea, the EU, Japan, China, Singapore, and Kazakhstan.

According to an article published in the Korean Herald and authored by Shin Ji-Hye, Singapore’s antitrust...

https://mfame.guru/singapores-antitrust-watchdog-approves-merger/

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