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Carbon Dioxide Carrier Emerging as New Growth Driver for Shipbuilders | Hellenic Shipping News Worldwide

With carbon neutrality becoming an increasingly important issue worldwide, an increasing number of shipowners are making carbon dioxide carrier-related inquiries to major South Korean shipbuilders. For example, EcoLog, a startup in the field of carbon capture, utilization and storage (CCUS), recently made such inquiries to Korea Shipbuilding & Offshore Engineering, Daewoo Shipbuilding & Marine Engineering ...
South Korea South Korean Samsung Heavy Industries Korea Shipbuilding Offshore Engineering Daewoo Shipbuilding

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Qatar's order for LNG carriers feared to be 'poisoned chalice' | Hellenic Shipping News Worldwide

QatarEnergyโ€™s previous order for around 100 liquefied natural gas (LNG) carriers collectively worth $19.2 billion โ€• which had once been regarded as a great win โ€• has become a major headache for Hyundai Heavy Industries (HHI), Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries, according to market analysts, Monday. The top three Korean ...
South Korea Kangwon Do Samsung Heavy Industries Hyundai Heavy Industries Daewoo Shipbuilding Marine Engineering

KSOE to Build Next-Generation Electrically Powered Ships with Explosion-Free Battery

Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company for Hyundai Heavy Industries (HHI) Groupโ€™s shipbuilding operations, is set to propel the advancement of ships running on electricity, using a next-generation marine battery without the risk of explosion or fire. KSOE announced that it signed a memorandum of understanding (MoU) with Standard Energy on ...
South Korea Kim Sungjoon Hyundai Heavy Industries Holdings Co Hyundai Heavy Industries Standard Energy Research Center

Saipem (OTCMKTS:SAPMF) Cut to Sell at Zacks Investment Research

Saipem (OTCMKTS:SAPMF – Get Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Saturday, Zacks.com reports. According to Zacks, “Saipem S.p.A. provides drilling services as well as engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore primarily in the […]
Zacks Investment Research Saipem Company Profile Get Rating Get Rating Company Profile Offshore Engineering Onshore Engineering

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