S. KOREAN SHIPBUILDERS RECEIVED HIGHEST ORDERS IN JAN-MARCH PERIOD

Highlights –

• S. Korean shipbuilders received highest orders in Jan-March period.
• HHIC won new orders for 126 ships or 5.32 million CGTs in Jan-march period.
• KSOE won new orders of 68 ships at $5.5 billion.
• Samsung Heavy Ind...

DOOSAN FUEL CELL TO DEVELOP SOFCs USED FOR SHIPS WITH KSOE

Highlights –

• Doosan Fuel Cell to develop SOFCs used for ships with KSOE.
• Under the deal, Doosan Fuel Cell is said to design and produce fuel cells.
• KSOE is said to develop technologies that will be used to apply the fuel cells to ship...

HHIH SIGNS HYDROGEN PROJECT DEAL WITH SAUDI ARAMCO

Highlights –

• HHIH sings hydrogen project deal with Saudi Aramco.
• Hyundai Oilbank Co. will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue hydrogen.
• Hyundai Oilbank will be provided with blue ammonia.
• ...

S. KOREAN SHIPBUILDERS HAVE INCREASED ORDER TARGETS BY 40% IN 2021

Highlights –

• S. Korean shipbuilders have increased order targets by 40% in 2021.
• KSOE set an annual combined order target of its three units at US$14.9 billion in 2021.
• Samsung Heavy Industries Co. aims to win new orders worth $7.8 bi...

SOUTH KOREAN SHIP BUILDERS INK DEALS WORTH 1 TRILLION WON

• South Korean shipbuilders have won orders consecutively one after another in recent months after failing in the first half of this year.
• Expectations are growing that they will continue to win more liquefied natural gas carrier (LNG) orders in the latter half despite the pandem...