Samsung Heavy

DNV Awards AiP for Samsung’s Fuel Cell-powered LNG Carrier Design

Korean shipbuilder Samsung Heavy Industries (SHI) has received approval in principle from Norway-based classification society DNV for the design of fuel cell-powered LNG carrier, reports Offshore Energy.

About the announcement

Samsung Heavy Industries announced Thursday it has successfully developed a fuel cell-powered liquefied natural gas (LNG) carrier with its U.S. partner Bloom Energy and has won basic design approval from DNV, the world’s leading maritime classification society in Norway.

Sams...

https://mfame.guru/dnv-awards-aip-for-samsungs-fuel-cell-powered-lng-carrier-design/

Impact of Continuous Losses on Employees

Samsung Heavy Industries CFO Bae Jin-han has announced through in-house broadcasting that the company could suffer capital impairment and also hinted at the possibility of a major personnel restructuring and a walkout if the deficit continues, reports koreatimes.

Severity of the Financial Situation

The company says the comments were made to emphasize the severity of the financial situation to company management as the company has recorded six years of deficit consecutively.

According to the...

https://mfame.guru/impact-of-continuous-losses-on-employees/

Ship Unloader Sales Set to Grow at Nearly 6% In 2021

Continuous ship unloader sales are set to grow at nearly 6% in 2021, equaling US$ 247 million in revenues, as global trade treads on the recovery path. The long-term growth rate will also hover around 6% mark, higher than 4.2% CAGR market growth between 2016-2020. Soaring demand for the development of ports on modern lines is expected to push sales for continuous ship unloaders, reports finance.

What Study Reveals

Fact.MR’s new study tracks the continuous ship unloaders trends in 20+ high growth...

https://mfame.guru/ship-unloader-sales-set-to-grow-at-nearly-6-in-2021/

Samsung Heavy To Demonstrate Remote Navigation For Large Vessel

Samsung Heavy Industries Co. said that it will demonstrate whether its remote autonomous navigation system can autonomously steer a large ship in August, says an article published in The Korea Herald.

SAS System

A 9,200-ton ship will be used to demonstrate the shipbuilder’s remote autonomous navigation system known as Samsung Autonomous Ship, or SAS, the company said.

Mokpo National Maritime University will assess whether the system helps the ship navigate autonomously under remote control,...

https://mfame.guru/samsung-heavy-to-demonstrate-remote-navigation-for-large-vessel/

Samsung Heavy Wins A $206 M Order

  • Samsung Heavy Industries Co. wins a 230 billion-won ($206 million) order from an Oceanian company.
  • Under the deal, two 13,000 twenty-foot equivalent unit (TEU) container carriers will be delivered from the first half of 2023.
  • The amount of the orders accounted for 8 percent of its order target of $78 billion for this year.

A recent news article published in Korea Hearld deals with Samsung Heavy winning a 230 billion-won contract from Oceanian company.

Global orders

Global new orders of ships are...

https://mfame.guru/samsung-heavy-wins-a-206-m-order/

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