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Recovery lifts all boats in shipbuilding | Hellenic Shipping News Worldwide

Both major and mid-sized shipbuilders’ orders are on the rise as demand for liquefied natural gas (LNG) carriers grow. Korea’s three big shipbuilders — Korea Shipbuilding & Offshore Engineering (KSOE), Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries (SHI) — logged $44.5 billion worth of orders this year through Dec. 5. Those are ...
South Korea Choi Jin Myung Clarksons Research Samsung Heavy Industries Korea Shipbuilding Offshore Engineering

Kenya's modern shipbuilding facilities in Kisumu and Mombasa ready for use | Hellenic Shipping News Worldwide

Kenya is eyeing the lucrative shipbuilding and repair business after the completion of two modern shipyard facilities. The two built by the Kenya Navy are the largest shipyards with a slipway in East Africa. Their completion opens a new frontier for the country as it seeks maritime hub status and to tap into the blue ...
Port Bell Lake Victoria Tanzania General Nairobi Area Paul Otieno Evariste Ndayishimiye

KSOE adds $626 mn LNG dual-fuel vessels, awaits EU approval on DSME merger | Hellenic Shipping News Worldwide

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has added a 745.6 billion won ($626.7 million) order to build 10 units of liquefied natural gas (LNG) carriers to its bulging order book while crossing its fingers for a blessing from a pivotal market of the European Union on its merger with Daewoo Shipbuilding Marine Engineering Co. ...
South Korea General South Korea Korea Hyundai Heavy Industries Group Korea Development Bank International Maritime Organization European Commission

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Korea Shipbuilding looks to turn hydrogen leaks to power source | Hellenic Shipping News Worldwide

Chill hydrogen to liquid at minus 253 degrees Celsius and the volume shrinks to one-eight-hundredth of its size. As hydrogen is too bulky as a gas, liquidating it is being looked at for transportation. But there is a problem: Under normal storage, liquid hydrogen boils off at the rate of 2-3 percent a day. By ...
Soult Ukpyolsi South Korea Yoo Byeong Yong Hyundai Heavy Industries Group Seoul National University International Maritime Organization

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