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November 5, 2021
Chinas COSCO Shipping announced that it has received what could be Chinas first approval in principl...
November 4, 2021
ABS, HHI and KSOE have unveiled two JDPs to develop decarbonization technologies to support global sustainability ambitions.
November 4, 2021
Landmark COP26 Announcement to Accelerate Development of Critical Decarbonization Technologies At COP26, ABS, Hyundai Heavy Industries (HHI) and Korea Shipbuilding and Offshore Engineering (KSOE)
November 4, 2021
At COP26, ABS, Hyundai Heavy Industries (HHI) and Korea Shipbuilding and Offshore Engineering (KSOE) have announced two landmark joint development projects (JDPs) to develop decarbonization technologies to support global sustainability ambitions. The JDPs address green hydrogen production and offshore carbon capture and storage (CCS), two technologies which will be critical to achieving net zero. ABS, ...
November 2, 2021
The workovers have added a total of approximately 1050 gross bpd (540 net bpd to VAALCO).
November 1, 2021
Korea Shipbuilding & Offshore Engineering Co. (KSOE) is accelerating its efforts to diversify vessel engine lineup by adding large-size and green engines to its portfolio amid growing demand for less pollution-emitting vessels. Hyundai Heavy Industries Co., KOSEโs shipbuilding and marine engine manufacturing unit, has successfully developed a dual-fuel liquefied natural gas (LNG) engine, dubbed ME-GA, ...
November 1, 2021
A rise in demand for new ships amid a trend of economic recovery has translated into a historic boom for orders in the Korean shipbuilding industry, but actual performance and stock values have been comparatively unimpressive. The phenomenon is particularly evident with the Hyundai Heavy Industries Group, which ranks as the worldโs top shipbuilder. On ...
October 31, 2021
A rise in demand for new ships amid a trend of economic recovery has translated into a historic boom for orders in the Korean shipbuilding industry, but actual performance and stock values have been comparatively unimpressive. The phenomenon is particularly evident with the Hyundai Heavy Industries Group, which ranks as the worldโs top shipbuilder. On ...
October 30, 2021
South Korea is forecasting that shipbuilding orders will decrease from the strong levels experienced...
October 29, 2021
Korea Shipbuilding & Offshore Engineering (KSOE) Thursday enjoying heyday in order book reported more than tripled income from third-quarter operation versus a year ago period on shipments of lucrative LPG carriers and shipping recovery. The holding company of the worldโs largest shipyards reported its third quarter operating profit reached 141.7 billion won ($120.9 million), a ...