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Samsung Heavy Bags LNG Carrier Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a deal to build a liquefied natural gas (LNG) carrier for an Asian customer.According to YonhapâŚ
SHI Thrusts on Smart Ship Technology
South Korean shipbuilding giant Samsung Heavy Industries (SHI) has pushed ahead with advancing smart ship technology thanks to joint work with global equipment producers on SVESSELâŚ
GasLog Adds New LNGC from SHI
Monaco-based shipowner GasLog has taken delivery of the 180,000-m3 GasLog Warsaw liquefied natural gas carrier (LNGC) from South Koreaâs Samsung Heavy IndustriesâŚ
SHI Develops Lithium-Ion Battery System
South Korean shipbuilder Samsung Heavy Industries (SHI) said that it has developed a lithium-ion battery power system for ships.A press release from the shipbuilding giant said that the systemâŚ
Floating LNG Power Vessel Market to $1bln by 2025
The global floating LNG power vessel market was USD 931 million in 2018 and is anticipated to reach USD 1,041 million by 2025, at a CAGR of 1.61% between 2019 andâŚ
Höegh LNG Wins FSRU Deal with Cheniere
Norway-based floating LNG giant Höegh LNG has signed a time charter contract for a floating storage and regasification unit (FSRU) Höegh Galleon with Cheniere MarketingâŚ
SHI Bags $125mln Order for 2 Crude Carriers
South Korean shipbuilder Samsung Heavy Industries Co (SHI) said that it has clinched a deal worth 147 billion won (US$124 million) to build two crude carriers.AccordingâŚ
Offshore: New Project Pace Quickens
As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects.HoweverâŚ
SHI Wins Order for 2 LNG Carriers
South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of two liquefied natural gas (LNG) carriers.The shipbuilder saidâŚ
Stena Drillship Gains Cyber Secure Notation
Classification society DNV GL reports it has signed a contract for the first Cyber Secure class notation with Stena Drilling. The contract covers the application of the âBasic+â notation to the drillship Stena IceMAX and includes the vesselâs dynamic positioning, drilling and blowout prevention systems (BOP). It will be integrated with Stena Drillingâs own safety management systems.âBeing cyber secure is an important step towards ensuring the digital integrity of our vesselsâŚ
Teekay Offshore Renews and Expands VSAT
Teekay Offshore, one of the largest marine energy transportation, storage & production companies, has renewed and expanded its agreements with maritime connectivity provider Marlink to continue utilizing high quality global VSAT services for a further four years. The contract extension ensures reliable global broadband connectivity for data sharing and smart vessel operations, improved facilities forâŚ
Samsung Heavy Orders Pumps from SVANEHØJ
SVANEHØJ, which is located in Aalborg, Denmark, has secured an order from South Korean shipbuilder Samsung Heavy Industries for a total of 42 pumps for three new Very Large Ethane Carriers (VLEC). The ships have been ordered by the Chinese company Zhejiang Satellite Petrochemical and will be used to carry liquid ethane from Texas, USA, to the companyâs petrochemical terminal in Lianyungang, China.The order includes 24 offloading pumpsâŚ
EnscoRowan Wins Arbitration Against SHI
Offshore drilling services provider EnscoRowan announced that an arbitration tribunal has awarded it $180 million in damages in its proceedings against South KoreanâŚ
"Big Three" Korean Yards Vie for Qatari LNG Ships
The state-run Qatar Petroleum (QP) has revealed plans to order 60 new LNG carriers preferably from South Korean shipyards. Qatar's energy minister, Saad Sherida Al-KaabiâŚ
Teekay Gets Norway's 'Green' Funding for Tankers
The marine energy transportation company Teekay Offshore has secured long-term financing from the Norwegian Government for four new shuttle tankers being built atâŚ
SHI Wins $190mln Order for LNG Carrier
South Korean shipbuilder Samsung Heavy Industries (SHI) revealed today (May 3, 2019) that it receives an order for a LNG carrier worth about KRW 222bn (US$190 million).SHIâŚ
SHI Built LNG-Fuelled Ship with In-house Tech
South Korea shipbuilding major Samsung Heavy Industries (SHI) announced that it has successfully built its first LNG-fuelled vessels with its own technology, provingâŚ
MOL, Reliance to Co-Own Worldâs 6 Largest Ethane Carrier
The international shipping company based in Tokyo Mitsui O.S.K. Lines Ltd (MOL) and Reliance Ethane Holding (REHPL) a 100% subsidiary of Reliance Industries Ltd(RIL)âŚ
Samsung Wins $963mln FPSO Contract
South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of a floating production, storage and offloading (FPSO) unit onâŚ
Wärtsilä, Samsung Heavy Industries Partner
Finland based technology group Wärtsilä and South Korean shipbuilder Samsung Heavy Industries (SHI) will set out to develop more efficient solutions for liquefied natural gas (LNG) carriers and shuttle tanker vessels, under a new joint development project (JDP) agreement signed Wednesday at the LNG19 exhibition in Shanghai.According to Wärtsilä, who issued a press release announcing the agreement on Thursday, the JDP will build on shared knowledge and experience between the two companies.