KNOT orders two more DP2 shuttle tankers

SEPTEMBER 28, 2018 — Knutsen NYK Offshore Tankers (KNOT) has been awarded a long term charter by Equinor ASA for two new 153,000 DWT DP2 shuttle tankers to lift oil from the

Red ink second quarter for two Korean shipbuilding giants

JULY 24, 2017 — South Korean shipbuilders Hyundai Heavy Industries and Samsung Heavy Industries both reported second quarter losses Monday. Yonhap news agency reported Hyundai Heavy, the world’s largest shipbuilder by sales

Hyundai Merchant Marine picks three yards to build 20 mega ships

JUNE 4, 2018 — South Korea’s Hyundai Merchant Marine (HMM) has selected the shipbuilders who will build the eco-friendly mega containerships it is to order under its “Capacity of 1 Million TEU

Hyundai Heavy books orders for four box ships, reports more red ink

MAY 3, 2018 — It was first the good news, then the bad, in regulatory filings today by South Korean shipbuilding giant Hyundai Heavy Industries Co. The good news: Yonhap news agency

LNG fueled 250,000 dwt ore carrier design gets LR approval

MARCH 27, 2018 — South Korean shipbuilder Hyundai Heavy Industries (HHI) has received approval in principle (AiP) from classification society Lloyd’s Register for an LNG fueled 250,000 dwt class very large ore

Hyundai Heavy reports breakthrough in shipbuilding robotics

MARCH 5, 2018 — South Korea’s Hyundai Heavy Industries has developed a robotic system capable of automatically forming a shell plate with various shapes (three-dimensional curved surface). The shipbuilder says its Songming

WinGD and HHI put their smarts together

MARCH 2, 2018 — Aiming to put the smart engine into the smart ship, engine designer Winterthur Gas & Diesel (WinGD) and shipbuilder Hyundai Heavy Industries (HHI) have signed an agreement to

Shell inks time charters for two SCF LNG-fueled Aframaxes

FEBRUARY 20, 2018 — Shell has signed time charter agreements for two of six LNG dual fueled Aframax tankers under construction for Russia’s SCF Group (Sovcomflot). The time charter agreements were signed

ABS grants AIP for newbuilding conversion FPSO hull design

JANUARY 9, 2018 — Classification society ABS has granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) floating production storage and offloading (FPSO) hull design. “The Newbuilding Conversion FPSO hull design

TMS Cardiff Gas orders LNG carrier with X-DF propulsion

JANUARY 4, 2018 — Athens, Greece-headquartered TMS Cardiff Gas has signed a contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the construction of one 174,000 m3 LNG carrier with an

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