Shipbuilders

SHI wins ABS approval for new LH2 carrier design

ABS has issued general design approval (GDA) to Samsung Heavy Industries Co. (SHI) for its detailed design of a liquefied hydrogen (LH2) carrier.

The 20,000 cubic meter capacity LH2 carrier features Type C tanks. ABS completed design reviews based on class and statutory requirements.

“Through this joint development project, SHI secured a detailed design for a liquefied hydrogen cargo containment system and cargo handling system. SHI plans to prepare for commercialization of liquefied hydrogen...

https://www.marinelog.com/news/shi-wins-abs-approval-for-new-lh2-carrier-design/

Bollinger to build two more Coast Guard Sentinel Class FRCs

The U.S. Coast Guard has exercised a contract option to award Bollinger Shipyards two additional Sentinel-Class Fast Response Cutters (FRCs). This announcement brings the total number of FRCs awarded to Bollinger up to 67 vessels since the program’s inception. To date, the U.S. Coast Guard has commissioned 55 FRCs into operational service, with the 56th delivered and soon to be commissioned .

As Congress dithers on FRC spending, Bollinger delivers another

“We’re incredibly proud of our long...

https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/bollinger-to-build-two-more-coast-guard-sentinel-class-frcs/

Bibby Marine places order for world’s first zero-emission eCSOV

Liverpool-headquartered Bibby Marine has placed an order with Spanish shipbuilder Gondan for what, it says, will be the world’s first truly zero-emission, electric commissioning service operation vessel (eCSOV). It will be built in Gondan’s Asturias shipyard and is scheduled to be delivered in 2026.

This marks a further step forward in a project that we last reported on back in January. Bibby says that it selected Gondan after a thorough international tendering process that included yards in the...

https://www.marinelog.com/news/bibby-marine-places-order-for-worlds-first-zero-emission-ecsov/

Could glass bubbles be the key to the success of future LH2 carriers?

Hydrogen technology is seen as key to the future of clean energy and shipbuilders and designers are increasingly turning their attention to creating the liquid hydrogen (LH2) carriers that will be essential to any future hydrogen economy. Those shipbuilders include HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) — and 3M glass bubbles could be part of its future LH2 carriers

Think of 3M (NYSE:MMM) and you may think Scotch Tape and Post-Its, but there’s a lot more to the company than...

https://www.marinelog.com/technology/could-glass-bubbles-be-the-key-to-the-success-of-future-lh2-carriers/

Ingalls Shipbuilding christens LHA 8

Huntington Ingalls Industries’ Ingalls Shipbuilding division christened the U.S. Navy’s third America-class amphibious assault ship Bougainville (LHA 8), December 2.

“Today is not only a day to celebrate our namesake, representatives of the successful outcome of a World War II campaign, but also the team work and collaboration of our United States Navy and Marine Corps that enabled it,” Ingalls Shipbuilding president Kari Wilkinson said. “To fulfill our mission here in the shipyard, our sailors...

https://www.marinelog.com/shipbuilding/shipyards/shipyard-news/ingalls-shipbuilding-christens-lha-8/

Pacific Basin in three-way zero-emission vessel initiative

One of the world’s largest bulker operators, Hong Kong headquartered Pacific Basin Shipping Limited, has signed a memorandum of understanding with Japan’s Nihon Shipyard Co., Ltd and Mitsui & Co., Ltd. It will see the three cooperate on the investigation and development of zero-emission vessels and investment in related bunkering infrastructure.

Pacific Basin, which serves over 550 customers. operates around 250 Handysize and Supramax vessels, says that to reach IMO GHG reduction targets and the...

https://www.marinelog.com/legal-safety/shipping/pacific-basin-in-three-way-zero-emission-vessel-initiative/

Shares Rally On Soaring Demand

Shares of South Korean sea carriers and shipbuilders are flying high on expectations for stellar performance this year ahead of their earnings release for the first quarter, reports Pulse News.

Price More Than Doubled

HMM Co., the country’s largest shipper, saw its shares surge 9.71 percent to 36,150 won ($32.54) on Monday. Its share price more than doubled from 13,950 won at the end of last year. Shares of HMM added 1.8 percent to finish Tuesday at 36,800 won.

The stock rally is attributable to...

https://mfame.guru/shares-rally-on-soaring-demand/

List Of Major Shipbuilding Companies Around the Globe

Samsung Heavy Industries

Shipping is an integral component of global trade and commerce. It deals with nearly 90% of all goods transported in one form or the other.

The types of goods shipped on a daily basis comprise a wide spectrum from frozen or fresh food products to ores, oil, metals, and factory parts. It is important to realize that almost every industry has a direct or indirect dependence on the shipping sector.

The global maritime goods transportation industry is worth trillions of dollars and its value is...

https://www.marineinsight.com/know-more/list-of-major-shipbuilding-companies-around-the-globe/