ULSAN, March 17 (Korea Bizwire) — Hyundai Mipo Dockyard Co. said Wednesday that it had completed the construction of a bunkering vessel designed to fuel liquefied natural gas (LNG)-powered ships at sea. The company delivered the K. Lotus, a 18,000 cubic meter LNG bunkering ship, to the Korea Line Corp. on the same day at [...]
SEOUL, July 23 (Korea Bizwire) — Korea Shipbuilding & Offshore Engineering Co. said Thursday that its shipbuilding unit Hyundai Mipo Dockyard Co. has obtained the green light for its ammonia-propelled ships from Lloyd’s Register, a British quality assurance and risk management company. Hyundai Mipo Dockyard has been aiming to commercialize the ammonia-propelled ships by 2025 [...]
SEOUL, Feb. 9 (Korea Bizwire) — Hyundai Mipo Dockyard announced on February 8 that it has developed a ballast-free design for ships that will go a long way towards preserving diverse marine ecosystems. Ballast or ballast water refers to water pumped into tanks located in the ship’s hull to keep the vessel in balance. Ballast [...]
ULSAN, Feb. 12 (Korea Bizwire) — A local court on Thursday ruled in favor of the Hyundai Heavy Industries‘ union, ordering the company to count regular bonuses as base pay. Ten unionized workers at the world’s largest shipbuilder had filed a lawsuit against the company early last year, claiming regularly paid bonuses should be included [...]