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OECD Recommends Samsung Heavy Ensure Workplace Safety over 2017 Deadly Crane Accident

OECD Recommends Samsung Heavy Ensure Workplace Safety over 2017 Deadly Crane Accident

SEOUL, Oct. 26 (Korea Bizwire) — The Korean branch of the Organization for Economic Cooperation and Development (OECD) called on Samsung Heavy Industries Co. on Wednesday to fulfill due corporate responsibility to better ensure worksite safety following a deadly crane accident in 2017. In May 2017, two cranes collided at the shipbuilder’s shipyard in the [...]

Samsung Heavy Bags 3.9 tln-won Order for 14 LNG Carriers

Samsung Heavy Bags 3.9 tln-won Order for 14 LNG Carriers

SEOUL, June 22 (Korea Bizwire) — South Korean shipyard Samsung Heavy Industries Co. said Wednesday it has clinched a 3.9 trillion-won (US$3 billion) order to build 14 liquefied natural gas (LNG) carriers in the Bermudas and Africa. Samsung Heavy said it will construct 12 174,000-cubic-meter LNG carriers worth 3.33 trillion won for an unidentified Bermudan [...]

Samsung Heavy to Release Ship Carbon Emissions Control System

Samsung Heavy to Release Ship Carbon Emissions Control System

SEOUL, March 15 (Korea Bizwire) — South Korean shipbuilder Samsung Heavy Industries Co. said Monday that it will release a new carbon emissions control system designed to ensure the efficient control and management of engine output to reduce a ship’s carbon emissions, in the latter half of this year. The newly-developed Samsung Smart Power Limitation [...]

Samsung Heavy Gets Approval for New Carbon Capture Technology for Ships

Samsung Heavy Gets Approval for New Carbon Capture Technology for Ships

SEOUL, Jan. 26 (Korea Bizwire) — Samsung Heavy Industries Co. said Tuesday it has won approval in principle (AIP) from the Korean Register of Shipping (KR), a South Korean ship quality assurance and risk management company, for its newly-developed ‘on-board carbon capture system’ that can be used on liquefied natural gas (LNG)-powered ships. The carbon [...]

Samsung Heavy Ties Up with Microsoft for Shipyard Digitalization

Samsung Heavy Ties Up with Microsoft for Shipyard Digitalization

SEOUL, Nov. 29 (Korea Bizwire) — Samsung Heavy Industries Co. said Monday it has signed a deal with Microsoft Korea to cooperate on the digitalization of its shipyard. Samsung Heavy said it plans to build up a collaboration system among each shipbuilding sector in its shipyard by using cloud computing service Azure, artificial intelligence, group [...]

Samsung Heavy Demonstrates Gas Liquefaction Technology

Samsung Heavy Demonstrates Gas Liquefaction Technology

SEOUL, Nov. 18 (Korea Bizwire) — Samsung Heavy Industries Co. said Thursday that it has successfully demonstrated its gas liquefaction technology to sharpen its competitive edge for orders of floating liquefied natural gas (FLNG) facilities. With the successful demonstration of the gas liquefaction technology named “SENSE IV,” Samsung Heavy will be better positioned to beat [...]

Samsung Heavy Wins Approval for Storage Tank, Carrier for Hydrogen Transport

Samsung Heavy Wins Approval for Storage Tank, Carrier for Hydrogen Transport

SEOUL, Oct. 21 (Korea Bizwire) — Samsung Heavy Industries Co. said Thursday it has won an approval in principle (AIP) for the conceptual design of a storage tank and carrier to transport liquefied hydrogen, from Lloyd’s Register, a British ship quality assurance and risk management company. AIP for the conceptual design means a certification agency [...]

Samsung Heavy Develops Eco-friendly Generator for Ships

Samsung Heavy Develops Eco-friendly Generator for Ships

SEOUL, Oct. 13 (Korea Bizwire) — Samsung Heavy Industries Co. said Wednesday that it has developed an eco-friendly generator in cooperation with LG Innotek Co., a local major electronics parts maker. The world’s first thermo-electric generator developed by Samsung Heavy Industries and LG Innotek is a device that produces electricity by being mounted on the [...]