Hanwha Ocean
Hanwha Ocean News
Hanwha Ocean Secures $258M Order for Two VLCCs
South Korean shipbuilder Hanwha Ocean has received an order to construct two very large crude carriers (VLCCs) for a shipping company in Oceania.The order for VLCCs, worth $257.8 million (342 billion won), is the first such order for Hanwha Ocean in the last three years. This is also the highest price for the vessels in 16 years, since the 2008 global financial crisis, the company said.The ships will be built at the Geoje plant and delivered to the shipowner in the first and second half of 2026…
Hanwha Ocean Receives $250M Order for Two Very Large Ammonia Carriers
Hanwha Ocean has secured an order worth approximately $250 million for two very large ammonia carriers (VLACs) for a shipowner in the Oceania region.Each VLAC will be able to transport 93,000 cubic meters (cbm) of ammonia, and will be equipped with eco-friendly technology, the South Korean shipbuilder said.In particular, the ships integrate the company's carbon-reduction technologies, including HS4 (Hanwha SmartShip Solution & Service)…
AET Names New LNG Dual-fuel VLCC
AET, a member of the MISC Group, held a naming ceremony in Singapore for its latest liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC), Eagle Veracruz.The Singapore-flagged 300,000 dwt tanker was named by Singapore’s Minister for Sustainability and the Environment (MSE) Grace Fu, who is also the Lady Sponsor of the vessel. The ceremony, which was held at the PSA Keppel Terminal, also saw attendance by Teo Eng Dih…
ABS and Hanwha Ocean Partner on Digital Shipbuilding Technologies
Classification society ABS and shipbuilder Hanwha Ocean signed a strategic framework agreement to advance the digital transformation of shipbuilding.Under the agreement, ABS and Hanwha Ocean formerly known as Daewoo Shipbuilding & Marine Engineering Co., Ltd., will work together conducting joint development projects aimed at examining digital technologies related to smart yards and smart ships with a focus on safety…
ABS Joins Project to Develop 40K cbm LCO2 Carrier
Maritime classification society ABS has joined a pioneering joint industry project (JIP) to collaborate on the development of a detailed design of a 40K cbm liquified carbon dioxide (LCO2) carrier that meets Class and statutory requirements with Ecolog Services Ltd. (ECOLOG), Hanwha Ocean Co., Ltd. and Babcock International Liquid Gas Equipment (LGE).According to ABS, the ultimate design will maximize…
ABS Grants AiP for World’s First Carbon Emission-free LNG Carrier Design
Maritime classification society ABS has issued an approval in principle (AIP) to Hanwha Ocean for its design of a liquified natural gas (LNG) carrier equipped with an ammonia-fueled gas turbine.ABS also issued an AIP to Hanwha Power Systems for its supercritical carbon dioxide (sCO2) power system. Efficiency improvements are reported as a result of using sCO2 as a working fluid in the turbine.The 174,000 cbm vessel would be the world’s first carbon emission-free LNG carrier.
