Page 64 - Offshore Engineering News Today

HMM, KSOE and others join forces on exploring green ammonia supply chain May 25, 2021, by Naida Hakirevic South Korean shipping major HMM, Korea Shipbuilding & Offshore Engineering (KSOE), Korean Register (KR), LOTTE Fine Chemical, Lotte Global Logistics and POSCO have signed a memorandum of understanding (MoU) to seek feasible solutions on the green ammonia supply chain. Photo: HMM Under the terms of the MoU, each member pledged joint efforts to f...

KSOE reveals new 6-vessel order May 24, 2021, by Naida Hakirevic South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) has secured several contracts for the construction of a total of six vessels. The orders have a combined value of KRW 348 billion (about $308.5 million), the shipbuilder said today. Under the first deal, Hyundai Samho Heavy Industries (HSHI), a unit of KSOE, will build a 91,000 cbm LPG carrier for a Li...

DSME swings to loss in Q1, 2021 May 20, 2021, by Jasmina Ovcina  South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) reported a net loss for the first quarter of 2021, reversing from last year’s profit amid lower than expected order intake. DSME said that the net loss for the first quarter was KRW 234 billion ($207 million), against a profit of 242 billion from Q1, 2020. So far this year, the shipbuilder has won orders for 25...

Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding holding company of Hyundai Heavy Industries Group, has won an order to construct 850 billion won ($765 million) worth of marine facilities. KSOE said it has signed a contract with Singaporean shipbuilder Keppel to build one crude oil Floating Production Storage and Offloading (FPSO) ordered by Petrobras ...

May 14, 2021 LONDON – Hydrogen is touted as an inevitable green fuel of the future. Tell that to the people who will have to ship it across the globe at hypercold temperatures close to those in outer space. Yet that is exactly what designers are attempting to do. In the biggest technological challenge for merchant shipping in decades, companies are beginning to develop a new generation of vessels that can deliver hydrogen to heavy industry, betting plants worldwide will convert to th...

Companies including Japan's Kawasaki Heavy Industries are beginning to develop a new generation of vessels that can deliver hydrogen to heavy industry.

Sustainable BusinessToo cold to handle? Race is on to pioneer shipping of hydrogen Jonathan Saul 1/3 The logo of the CO2-free Hydrogen Energy Supply-chain Technology Research Association (HySTRA) is seen on a liquefied hydrogen storage tank built by Kawasaki Heavy Industries at the hydrogen receiving terminal at the Kobe Airport Island in Kobe, western Japan January 22, 2021. Picture taken January 22, 2021. REUTERS/Yuka Obayashi/File Photo Read More Hydrogen is touted as an inevitable green fu...

The Race is On to Pioneer Hydrogen Shipping Maritime Activity Reports, Inc. © S Katsuragi / MarineTraffic.com Hydrogen is touted as an inevitable green fuel of the future. Tell that to the people wholl have to ship it across the globe at hyper-cold temperatures close to those in outer space. Yet that is exactly what designers are attempting to do. In the biggest technological challenge for merchant shipping in decades, companies are beginning to develop a new generation of vessels that can del...

Share this article By Jonathan Saul (Reuters) – Hydrogen is touted as an inevitable green fuel of the future. Tell that to the people who’ll have to ship it across the globe at hyper-cold temperatures close to those in outer space. Yet that is exactly what designers are attempting to do. In the biggest technological challenge for merchant shipping in decades, companies are beginning to develop a new generation of vessels that can deliver hydrogen to heavy industry, betting plants worldwide ...

KSOE Lands a 2.5-tril.-won FPSO Project from Brazil’s Petrobras Korea Shipbuilding & Offshore Engineering (KSOE) announced on May 11 that it has signed a 2.5-trillion-won contract to build one floating production storage and offloading (FPSO) unit for Petrobras, Brazil. The Korean shipbuilder will carry out the project together with Keppel Shipyard of Singapore. KSOE will produce the hull of the FPSO with Keppel Shipyard producing the topside. The total contract amount for the hull is 850 bil...