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
An AI-based autonomous navigation system developed by South Korea’s HD Hyundai has been granted a design verification report (DVR) by DNV. The system, HiNAS Control, employs artificial intelligence (AI) and augmented reality
ABS and HD Hyundai have signed a comprehensive memorandum of understanding (MoU) to continue working together on industry-leading autonomous projects. The agreement builds on the two organizations’ shared efforts to expand the
One of the world’s largest charterers and operators of ships, Trafigura, has signed a contract for four medium gas carriers (MGC) that will be capable of using low-carbon ammonia as a propulsion
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
Secretary of the Navy Carlos Del Toro has been meeting with top South Korean shipbuilding executives and making the case for them to create American subsidiaries and invest in integrated U.S. commercial
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
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
Arlington, Va., headquartered Leonardo DRS, Inc. (NASDAQ: DRS) reports that the Republic of Korea Navy’s first Ulsan-class Future Frigate experimental Batch-3 (FFX-III) has successfully completed sea trials. DRS provides the hybrid electric
With seaborne carriage of ammonia cargoes predicted to soar, HD Korea Shipbuilding & Offshore Engineering has booked orders to build the world’s first four next-generation 88,000 cubic meter eco-friendly very large ammonia
