Topic
hd hyundai
Logistics SPM Shipping enters gas shipping with $91m VLGC buy from Dorian LPG
Dubai-based SPM Shipping has entered gas shipping with the $91m purchase of the 2015-built, 84,000 cu m VLGC Clermont from Dorian LPG, according to Splash247. The deal, concluded in August, follows SPM Shipping's moves into capesize and VLCC segments. Dorian LPG has now sold three VLGCs this summer, with reported prices of $81.8m, $87.3m, and $91m.
Manufacturing Seoul probes safety conditions at HD Hyundai following subcontractor deaths
South Korea's Ministry of Employment and Labor has deployed a 62-strong inspection team to HD Hyundai Heavy Industries after two fatal crushing accidents killed subcontracted workers within six days. The probe covers the Ulsan and Gunsan shipyards, company headquarters, and an ultra-high-risk plant, examining entrapment, collision, fall, fire, and confined-space risks. Labour minister Kim Young-hoon promised a "zero-tolerance" approach to companies where similar fatal accidents recur.
Manufacturing HD Hyundai and Kiewit Offshore Services Partner to Expand US Shipbuilding Capacity
HD Hyundai and Kiewit Offshore Services (KOS) have signed a strategic partnership agreement to expand US shipbuilding capacity and strengthen the American maritime industrial base. The collaboration will focus on fabricating ship blocks and modules, leveraging HD Hyundai's design and shipbuilding technology with KOS's large-scale fabrication expertise from Gulf Coast facilities.
Technology HD Hyundai and Schneider Electric Partner to Develop Floating Data Centre Infrastructure
HD Hyundai, through its shipbuilding unit HD Korea Shipbuilding & Offshore Engineering, has signed an MoU with Schneider Electric to jointly develop floating data centre infrastructure. The partnership aims to combine Schneider's power and cooling expertise with HD Hyundai's offshore engineering to address land scarcity and high cooling costs for data centres.
Logistics BW LNG orders 174,000 cbm FSRU newbuild at HD Hyundai for Indonesia project
BW LNG has been identified as the contractor for a new 174,000 cbm floating storage and regasification unit (FSRU) at HD Hyundai Heavy Industries in South Korea, costing roughly $320m for delivery in Q2 2029. The vessel will support a joint venture with PT AKR Corporindo to develop an LNG FSRU project for the JIIPE Gresik Special Economic Zone in East Java, Indonesia, with commercial operations targeted for Q3 2029.
Logistics Tsakos Energy Navigation Orders Second LNG Carrier from HD Hyundai, Expanding Newbuilding Program to 20 Vessels
Tsakos Energy Navigation (TEN) has ordered a second LNG carrier from HD Hyundai Heavy Industries, scheduled for delivery in the first quarter of 2029. The order expands TEN's newbuilding program to 20 vessels, including LNG carriers, tankers, and shuttle tankers. The company's pro forma fleet now stands at 83 vessels with over 11 million dwt capacity.
Logistics Cido Shipping Tied to Four VLCCs at HD Hyundai's Philippine Yard for $130m Each
Hong Kong-based Cido Shipping is linked to a newbuilding deal for four 300,000 dwt very large crude carriers at HD Hyundai's Philippines yard, priced at around $130 million each. Deliveries are scheduled between 2029 and 2030, though no official confirmation has been provided. The order adds to Cido's recent tanker ordering activity, including suezmaxes and product carriers at HD Hyundai yards.
Logistics HD Hyundai and Malcon Partner to Develop Korean Offshore Wind Support Vessels
HD Hyundai Heavy Industries has signed a cooperation agreement with Malcon to jointly develop a Korea-type offshore wind support vessel (SOV) optimized for domestic wind farms. The partnership will leverage eco-friendly propulsion technologies and aims to localize vessel production and strengthen South Korea's position in the offshore wind market.
Logistics BGN Expands LPG Fleet with New HD Hyundai VLGCs
BGN has ordered two new VLGCs from HD Hyundai, expanding its LPG fleet to 19 vessels. This move strengthens BGN's position in the LPG shipping sector.
Logistics HD Hyundai Expands Nuclear Tech to Car Carriers
HD Hyundai is pioneering the use of small modular reactor (SMR) technology in car carriers, aiming to enhance eco-friendly shipping. This initiative follows their previous work with container ships and involves collaboration with Hyundai Glovis and Lloyd’s Register.