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Category: Hanwha Ocean

  • Edison shakes hands with Knutsen for new LNG vessel to be built by Hanwha Ocean

    Edison shakes hands with Knutsen for new LNG vessel to be built by Hanwha Ocean Asian shipbuilder Hanwha Ocean will construct a new vessel for the transport of liquefied natural gas (LNG), with a capacity of 174,000 cubic meters at Geoje (Okpo), in South Korea, thanks to a deal Norway’s Edison made with shipowner Knutsen…

  • Hanwha Ocean U.S. subsidiaries hit by Chinese sanctions

    Hanwha Ocean U.S. subsidiaries hit by Chinese sanctions Five U.S. subsidiaries of Korea’s Hanwha Ocean, including Hanwha Philly Shipyard, have been sanctioned by China as part of its response to the U.S. port fees on Chinese owned and built ships imposed under the Section 301 targeted action announced by U.S. Trade Representative Ambassador Jamieson Greer…

  • ABB to power Singapore LNG’s first FSRU

    ABB to power Singapore LNG’s first FSRU Singapore’s first floating storage and regasification unit (FSRU) will feature a complete power and propulsion system from ABB, The FSRU will be built by South Korea’s Hanwha Ocean, which has awarded ABB the power and propulsion based on the two companies’ extensive collaboration on LNG carrier projects. The…

  • Hanwha Shipping places huge new order at Hanwha Philly

    Hanwha Shipping places huge new order at Hanwha Philly Hard on the heels of placing a landmark order for an LNG carrier at Hanwha Philly Shipyard last month, Hanwha Shipping, has ordered another new LNG carrier — and 10 medium range (MR) oil and chemical tankers from the shipyard, with expected to be delivered by…

  • Canada names TKMS and Hanwha Ocean as CPSP program qualifiers

    Canada names TKMS and Hanwha Ocean as CPSP program qualifiers The Government of Canada has identified German company Thyssen Krupp Marine Systems (TKMS) and Korean company Hanwha Ocean as the two qualified suppliers for the Canadian Patrol Submarine Project (CPSP). It says that the decision was informed by a thorough assessment of Canada’s requirements for…

  • Hanwha Philly books landmark LNG carrier contract

    Hanwha Philly books landmark LNG carrier contract Korea’s Hanwha Ocean said yesterday (see originaal release) that it had signed a contract with its affiliate Hanwha Philly Shipyard to build one LNG carrier worth 348 billion won [about $251 million], and had also secured an option contract for one additional ship. The contract is structured so…

  • Hanwha Group’s big plans for Philly include LNG carriers

    Hanwha Group’s big plans for Philly include LNG carriers Korea’s Hanwha Group has big plans to increase production at the Hanwha Philly Shipyard that include building LNG carriers. Korea Economic Daily reports that Hanwha Group recently invited a group of Korean financial analysts to the Philadelphia shipyard and told them it plans increase the shipyard’s…

  • South Korea, United States to ‘strengthen’ shipbuilding ties

    South Korea, United States to ‘strengthen’ shipbuilding ties In what is described as a “historic moment”, the South Korean shipbuilding industry has […] The post South Korea, United States to ‘strengthen’ shipbuilding ties appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Hanwha Ocean hull monitoring system gets ABS approval in principle

    Hanwha Ocean hull monitoring system gets ABS approval in principle Korea’s Hanwha Ocean has received the ABS SMART (SHM) Tier 3 approval in principle (AIP) for its advanced hull monitoring system. The hull monitoring system is designed to estimate structural damage to ships and offshore assets during operation, which can support decision making for the…

  • Rig naming ceremony marks Hanwha Ocean’s entrance into deepwater drilling arena

    Rig naming ceremony marks Hanwha Ocean’s entrance into deepwater drilling arena Hanwha Drilling, part of South Korea’s Hanwha Ocean, has held a naming ceremony for a seventh-generation drillship, which will work off the coast of Brazil for Petrobras, the South American country’s energy giant. The post Rig naming ceremony marks Hanwha Ocean’s entrance into deepwater…

  • Qatar’s LNG fleet expansion coming along as Hanwha cuts steel for 8 newbuilds

    Qatar’s LNG fleet expansion coming along as Hanwha cuts steel for 8 newbuilds South Korea’s shipbuilder Hanwha Ocean has hosted a steel-cutting ceremony for eight new liquefied natural gas (LNG) carriers being built as part of QatarEnergy’s historic LNG fleet expansion project. The vessels will be owned and operated by Qatar Gas Transport Company (Nakilat).…

  • Hanwha Ocean orders ME-GI engines for LNG carrier newbuilds

    Hanwha Ocean orders ME-GI engines for LNG carrier newbuilds South Korean shipbuilder Hanwha Ocean has ordered four MAN B&W 5G70ME-GI Mk10.5 engines in connection with the construction of two 174,000 cubic meter LNG carriers for an undisclosed shipowner. Hanwha Engine Co. will build the engines in South Korea and the contract contains an option for…

  • Amogy secures additional $56 million to commercialize its ammonia-to-power solution

    Amogy secures additional $56 million to commercialize its ammonia-to-power solution Amogy has raised $56 million in venture financing to accelerate commercializing its technology in markets such as maritime and stationary power generation. The post Amogy secures additional $56 million to commercialize its ammonia-to-power solution appeared first on Offshore Energy. Ajsa Habibic Go to offshore energy…

  • Two South Korean titans close $100 million US shipyard acquisition

    Two South Korean titans close $100 million US shipyard acquisition South Korea’s shipbuilder Hanwha Ocean and compatriot aerospace and defense company Hanwha Systems have […] The post Two South Korean titans close $100 million US shipyard acquisition appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Hanwha Ocean wins ABS AiP for standard FPSO design

    Hanwha Ocean wins ABS AiP for standard FPSO design ABS has awarded Hanwha Group member Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED Standard FPSO Design. Intended to create an asset optimized for deployment in the deep waters of West Africa, the FPSO design is 340 meters long and capable of storing approximately…

  • Maersk orders 20 LNG dual fueled containerships

    Maersk orders 20 LNG dual fueled containerships While Maersk may have started the momentum towards green methanol as a marine fuel, its concluding batch of orders placed under its fleet renewal plan announced in August cover 20 LNG dual fueled containerships with a total capacity of 300,000 TEU. This is in line with the trend…

  • WATCH: South Korean shipyard wraps up load-out ops for key element of Chevron’s gas project

    WATCH: South Korean shipyard wraps up load-out ops for key element of Chevron’s gas project Hanwha Ocean is closing in on the sail-away of a field control station (FCS), destined for a subsea gas compression development off the coast of Western Australia. The post WATCH: South Korean shipyard wraps up load-out ops for key element of…