SEOUL, Oct. 19 (Korea Bizwire) — South Korean shipbuilder Samsung Heavy Industries Co. said Monday it has successfully navigated its 300-ton remote autonomous ship. The 38-meter-long ship was operated in seas off Geoje Island, 398 kilometers south of Seoul, via a remote control system at a research center located in Daejeon, 250 kilometers away from [...]
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 [...]
SEOUL, Sept. 9 (Korea Bizwire) — HMM Co., South Korea’s biggest shipping company by sales, has teamed up with Samsung Heavy Industries Co., a major shipyard, to conduct research on eco-friendly smart vessels. The company announced on Tuesday that it had signed a memorandum of understanding (MOU) with Samsung Heavy to carry out research on [...]
GEOJE ISLAND, Aug. 12 (Korea Bizwire) — Hundreds of workers put the final touches on the St. Petersburg, one of the world’s largest container ships, at a shipyard in southern South Korea this week as the Asian country pushes to revive its shipping industry. The workers tested marine and electrical systems of the vessel with [...]
SEOUL, Dec. 10 (Korea Bizwire) — SK Telecom Co., South Korea’s leading telecommunications operator, and Samsung Heavy Industries Co., a major shipbuilder, said Tuesday their 5G-powered remote control ship operation test was successful. A 3.3-meter model ship made by Samsung Heavy sailed successfully in the sea near the shipbuilder’s shipyard in Geoje, South Gyeongsang Province, [...]
SEOUL, Oct. 8 (Korea Bizwire) — Samsung Heavy Industries Co., a major shipbuilder in South Korea, said Tuesday it has secured a US$920 million order to build six of the world’s largest container ship. Under the deal with Taiwanese shipping firm Evergreen Marine Corp., Samsung Heavy will build six ultra-large box ships with a capacity [...]
SEOUL, Sept. 26 (Korea Bizwire) — Samsung Heavy Industries Co., a major shipbuilder here, said Thursday it has developed the world’s first Aframax crude oil tanker (COT) powered by fuel cells. Samsung Heavy said it had acquired approval in principle from DNV GL, a Norway-based classification society, for its fuel cell-powered Aframax COTs. Completion of [...]
SEOUL, Jul. 29 (Korea Bizwire) — Samsung Heavy Industries Co., a major shipbuilder in South Korea, said Monday it has developed a lithium-ion battery power system for ships. The system, jointly developed with local battery manufacturer Samsung SDI Co., earned a type approval from Norway’s renowned classification society DVL-GL, becoming the first local shipbuilder to [...]
SEOUL, Feb. 8 (Korea Bizwire) — Samsung Heavy Industries Co., a major South Korean shipyard, is unlikely to join the race to take over Daewoo Shipbuilding & Marine Engineering Co., as its parent Samsung Group is not interested in further expanding its shipbuilding business, industry sources said Friday. Last month, the state-run Korea Development Bank [...]
SEOUL, Jan. 29 (Korea Bizwire) — Samsung Heavy Industries Co., a major South Korean shipbuilder, said Monday that it has sold an offshore facility to a European company for around US$500 million. Samsung Heavy said in a regulatory filing that it is set to deliver the semi-submersible drilling rig to the company by the end [...]