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Samsung Heavy Gets Nod for Ammonia-fueled Ships from Lloyd’s Register

Samsung Heavy Gets Nod for Ammonia-fueled Ships from Lloyd’s Register

SEOUL, Sept. 24 (Korea Bizwire) — South Korea’s Samsung Heavy Industries Co. said Thursday that it has received the go-ahead for its ammonia-powered ships from Lloyd’s Register, a British quality assurance and risk management company. Samsung Heavy Industries plans to commercialize the ammonia-propelled A-Max tanker by 2024 by developing an independently ammonia fuel supply system [...]

Doosan Heavy, Power Generators to Join Forces for Gas Turbine Biz

Doosan Heavy, Power Generators to Join Forces for Gas Turbine Biz

SEOUL, Sept. 23 (Korea Bizwire) — South Korea’s top power plant builder Doosan Heavy Industries & Construction Co. said Wednesday that it will join hands with five public power companies to revitalize a gas turbine business. Doosan Heavy and the companies will beef up their cooperation in the sectors, such as the establishment of liquefied [...]

Samsung’s Chip Plant Earns Sustainable Water Use Certification

Samsung’s Chip Plant Earns Sustainable Water Use Certification

SEOUL, Sept. 22 (Korea Bizwire) — Samsung Electronics Co. said Tuesday its chip plant earned a renowned certification for sustainable water management as it beefs up environment-friendly and energy-saving measures at its business sites. Samsung’s chip plant in Hwaseong, south of Seoul, became the first semiconductor site in the industry to receive the Carbon Trust [...]

Hyundai Samho Delivers World’s First LNG-powered Container Ship

Hyundai Samho Delivers World’s First LNG-powered Container Ship

SEOUL, Sept. 16 (Korea Bizwire) — South Korean shipbuilder Hyundai Samho Heavy Industries Co. said Wednesday it has delivered the world’s first container ship powered by liquefied natural gas (LNG) to a Singaporean shipping company. The LNG-powered container ship with a capacity of 14,800 twenty-foot equivalent units (TEUs) is one of six ships to be [...]

Samsung Display Commercializes Foldable Panel with World’s Smallest Curvature

Samsung Display Commercializes Foldable Panel with World’s Smallest Curvature

SEOUL, Sept. 16 (Korea Bizwire) — Samsung Display Co. said Wednesday it has commercialized a foldable display panel with the smallest radius of curvature in the world. Samsung Display said its latest foldable OLED panel that was applied to Samsung Electronics Co.’s Galaxy Z Fold 2 smartphone has a 1.4R rating for its curvature, which [...]

Daewoo Shipbuilding to Foster Ship-related Digital Technology Experts

Daewoo Shipbuilding to Foster Ship-related Digital Technology Experts

SEOUL, Sept. 11 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. said Friday that it will nurture digital technology workforces to improve the management and production procedure of its shipyards. A program to be run by the software education center of Korea Advanced Institute of Science and Technology (KAIST) will train experts of ship-related [...]

UAV Powered by LG Chem Lithium-sulfur Battery Sets Domestic Altitude Record

UAV Powered by LG Chem Lithium-sulfur Battery Sets Domestic Altitude Record

SEOUL, Sept. 11 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical firm, announced on Thursday that the unmanned aerial vehicle (UAV) EAV-3, powered by the company’s next-generation lithium-sulfur (Li-S) battery, set a new altitude record for South Korea. The EAV-3 is a solar-powered UAV developed by the Korea Aerospace Research Institute and powered [...]