HD Korea Shipbuilding & Offshore Engineering said Tuesday that it developed an artificial intelligence translation technology to support foreign workers. According to the company, the service named AI Agent was developed using generative AI technology and has been implemented at the HD Hyundai Samho shipyard in Yeongam, South Jeolla Province. Combined with the shipbuilder’s self-developed messaging app Team Up, the AI Agent translates the messages originally written in Korean to a language that a foreign worker has set. Currently, the service is provided in four languages — Vietnamese, Uzbek, Nepalese ...

Billionaire Gautam Adani plans to launch shipbuilding operations at the group’s main port in Mundra, India’s largest port. This decision comes as shipyards in major countries like China, South Korea, and Japan are fully booked until 2028, leading fleet owners to explore alternative manufacturing sites such as India for their new vessels, according to a report by The Economic Times. India aims to climb the global shipbuilding rankings, targeting a top 10 position by 2030 and a top five position by 2047 under the Maritime India Vision 2030 and Maritime ...

Hengli Group, privately-controlled Chinese oil refiner and petrochemicals producer, said on Monday it will invest 9.2 billion yuan ($1.3 billion) in shipbuilding in northeast China, two years after it acquired South Korean shipyard STX’s assets. The group’s unit Hengli Heavy Industry expects to build annual steel processing capacity of 1.8 million metric tons as well as 7.1 million tons annually of shipbuilding capacity in Changxing island of Dalian city, according to a posting on the company’s official WeChat platform. The company said it will expand building super tankers carrying oil ...

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on July 8 that it has recently signed a contract to build two VLGCs with a shipping company based in Middle East. – The total order amount is 343 billion KRW. – The two VLGCs will be built by HD Hyundai Heavy Industries and are scheduled to be delivered by June 2027. [Order Announcement #2 ] – HD Korea Shipbuilding & Offshore Engineering announced on July 8 that it has recently signed a ...

The Korean shipbuilding industry’s order share fell to a single digit in June. The unusually small order share is a result of the saturation of dock space due to a backlog of more than four years’ worth of orders which has led Korean shipbuilders to selectively take orders. Global ship orders totaled 2.43 million CGT in June, down 45 percent from the same month of 2023, according to Clarkson Research, a UK-based shipbuilding and shipping market analyst. China topped the order intake standings with 1.9 million CGT (74 ships), a ...

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on July 4 that it has recently signed a contract to build two VLACs with a shipping company based in Europe. The total order amount is 328.6 billion KRW. The two VLACs will be built by HD Hyundai Samho and are scheduled to be delivered by September 2028. Including this order, HD Korea Shipbuilding & Offshore Engineering has received orders for a total of 118 ships (including 1 offshore unit) worth 12.59 billion ...

GTT announces that it has received, in the second quarter of 2024, an order from its partner the Chinese shipyard China Merchants Heavy Industry-Jiangsu for the tank design of a new LNG carrier, on behalf of Danish ship-owner Celsius. GTT will design the tanks of this vessel, which will each offer a total cargo capacity of 180,000 m3 and will be fitted with the Mark III Flex membrane containment system, developed by GTT. Delivery is scheduled for the third quarter of 2027. Source: GTT

The Republic of Korea’s industry ministry said Tuesday it plans to pursue investment projects worth 2 trillion won (US$1.44 billion) over the next ten years with businesses to leverage smart and clean energy technologies in the shipbuilding industry, Yonhap News Agency reported. This comes as part of Korea’s Vision 2040, a strategic plan to develop cutting-edge technologies for ships, including full autopilot capabilities and carbon-free engines, said the report citing the Ministry of Trade, Industry, and Energy. The government has pledged to transform Korea into a marine engineering powerhouse by ...

South Korean shipbuilder Samsung Heavy Industries said it has won a 1.4 trillion-won ($1 billion) order to build four liquefied natural gas (LNG) carriers for a Middle Eastern shipper. The vessels will be delivered to the undisclosed shipping company by August 2028, Samsung Heavy Industries said in a regulatory filing. So far this year, the shipbuilder has clinched orders worth $4.9 billion to build 22 ships, or 51 percent of its 2024 target of $9.7 billion, reports Yonhap news agency. The ships include 19 LNG carriers, two very large ammonia ...

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on July 1 that it has recently signed a contract to build four PCs with a shipping company based in Africa. The total order amount is 266.7 billion KRW. The four PCs will be built by HD Hyundai Mipo and are scheduled to be delivered by June 2026. Including this order, HD Korea Shipbuilding & Offshore Engineering has received orders for a total of 116 ships (including 1 offshore unit) worth 12.35 billion ...

Labor-management conflict at domestic shipyards has been heightened, as unionized workers call for higher salaries and improved welfare benefits amid an ongoing shipbuilding boom, according to industry officials, Monday. Given that Korean shipyards have struggled with labor shortages in recent years, unions are expected to flex their muscles further against company management at their workplaces. Last Thursday, unionized workers at Hanwha Ocean’s shipyard on Geoje Island, South Gyeongsang Province, clashed physically with their managers, as the workers tried to block a car claimed to have been carrying Hanwha Group Vice ...

Adnoc Logistics and Services has awarded South Korean shipyards Samsung Heavy Industries and Hanwha Ocean up to Dh9.2 billion ($2.5 billion) in shipbuilding contracts to build liquefied natural gas carriers as part of the company’s fleet expansion plans. The maritime logistics unit of Abu Dhabi hydrocarbons major Adnoc has awarded firm shipbuilding contracts for the construction of four vessels each with Samsung Heavy and Hanwha, with the option for an additional carrier, Adnoc L&S said in a statement to the Abu Dhabi Securities Exchange, where its shares are traded. The ...

On the 28th of June, a christening ceremony took place in Dordrecht, the Netherlands, marking the delivery of a new Damen ASD Tug 3212 by Damen Shipyards to leading Dutch towage company Muller Dordrecht. Named En Avant 26, the vessel was the third to be delivered by Damen to Muller Dordrecht in the past three years, the others being another Damen ASD Tug 3212 En Avant 25 and a Z-drive Pushboat built by Concordia Damen. The En Avant 26 was built at Damen’s specialist tug yard Damen Song Cam Shipyard ...

Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, and Mitsubishi Shipbuilding Co., Ltd. (MSB), a part of Mitsubishi Heavy Industries (MHI) Group, have completed the feasibility study of collaboration concept designs of onboard hydrogen production and utilization with Amogy’s ammonia-cracking technology and Mitsubishi Ammonia Supply and Safety System (MAmmoSS®). Amogy and MSB concluded a Memorandum of Understanding (MoU) to undertake feasibility studies on an ammonia fuel supply system, with the aim of contributing to a new target set by the International Maritime Organization (IMO) of net zero greenhouse ...

One of Europe’s leading large-scale tanker shipping companies in coastal and inland shipping, Hamburg-based GEFO Gesellschaft für Oeltransporte mbH, has had an oil and product tanker from its fleet of 148 tankers serviced and modernised at the Strela Shiprepair Yard in Stralsund for the first time. The 99 metres long and 14 metres wide oil and product tanker “Brahms” was docked at Strela Shiprepair’s premises in the Volkswerft Maritime Industrial and Commercial Park at the end of May. “We are delighted that we have been able to convince Hamburg-based shipping ...