January 28, 2026
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ONGC, MOL & Samsung HI sign contract for 2 Indian VLECs to boost energy security

January 28, 2026 Maritime, Business, Company, Global Trade, Trade, Trending News
GANDHINAGAR : In a significant move to secure India’s energy supply chain, a consortium led by Oil and Natural Gas Corporation Limited (ONGC) has signed shipbuilding contracts for two Very Large Ethane Carriers (VLECs).

Samsung Heavy lands nearly $1.4 bn box-ship deal, boosting shares

November 22, 2025 Maritime, Global Trade, Ship Building, Ship Repair, Shipping, Trade, Trending News
SEOUL : Samsung Heavy Industries Co., one of South Korea’s top three shipbuilders, has secured a landmark order for seven container carriers worth nearly 2 trillion won ($1.4 billion), giving the yard one of

ClassNK issues Technology Qualification (TQ) for ‘SAS-IBS’ developed by Samsung Heavy Industries

October 23, 2025 International Shipping, Classification Society, Maritime, Shipping, Technology, Trending News
TOKYO: ClassNK has issued a Technology Qualification (TQ)*1 for ‘SAS-IBS’, one of the components of the ‘Samsung Autonomous Navigation Assistance System (SAS)’*2 developed by Samsung Heavy Industries Co., Ltd., and a certificate handover ceremony was held

Lloyd’s Register approves SHI’s next-generation SnapWind Float offshore wind design

September 13, 2025 International Shipping, Classification Society, Maritime, Ship Building, Shipping, Trending News
MILAN: Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for its new Floating Offshore Wind Turbine (FOWT) design, SnapWind Float.   Announced this week at Gastech 2025 in Milan,

Lloyd’s Register awards AiP for 174K LNG Carrier with Wind Challenger technology

September 12, 2025 Fuel, Classification Society, International Shipping, Maritime, Ship Building, Shipping Line, Trending News
LONDON: Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for the design of a 174,000m³ LNG carrier equipped with Wind Challenger, an innovative wind-assisted propulsion system (WAPS) developed

KR teams up with leading Shipbuilders and Korea Testing & Research Institute to develop International Standards for Ammonia Effluent Discharge 

June 20, 2025 International Shipping, Maritime, Ship Building, Shipping Line, Trending News
BUSAN : KR (Korean Register) has officially launched a joint working group to establish international standards for the safe discharge of toxic ammonia effluent generated from ammonia-fueled ships. The initiative brings together Korean major

KR and SHI sign MOU to jointly develop 3-Cargo-Tank 174K LNG Carrier

June 5, 2025 International Shipping, Classification Society, LNG, Maritime, Shipping, Tanker, Trending News
OSLO : KR (Korean Register) signed a memorandum of understanding (MOU) with Samsung Heavy Industries (SHI) on June 4 at Nor-Shipping 2025 in Oslo to jointly develop a 174,000㎥ LNG carrier featuring three cargo

Wan Hai christens eleventh 13,100 TEU containership

April 1, 2025 International Shipping, Global Trade, Maritime, Ship Building, Shipyards, Trending News
SINGAPORE : Wan Hai Lines has held a ship naming ceremony for the Wan Hai A18 alongside a charity event at Samsung Heavy Industries’ Geoje Shipyard. Yung-Chen Huang, President of Mega International Commercial Bank, led

India makes fresh overture to Korean shipbuilders

January 6, 2025 Maritime, Ports, Ship Building, Shipping, Shipyards, Trending News
SEOUL : An Indian delegation led by Secretary T.K. Ramachandran of the Ministry of Ports, Shipping and Waterways visited South Korea’s major shipyards earlier this month, in an apparent move to seek cooperation in

KR Grants Approval in Principle to Samsung Heavy Industries for 9,300 TEU Ammonia-Fueled Container Ship

September 19, 2024 Container, International Shipping, LNG, Maritime, Shipping Line, Trending News
HOUSTON : At GASTECH 2024, KR (Korean Register) announced that it has awarded an Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for their “9,300 TEU Ammonia-Fueled Container Ship”. As the global maritime
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