South Korea

  • The South Korean government plans to build its own 10,000-gt semisubmersible offshore drilling unit for oil exploration at a cost of $80 million.

    The order will be placed, probably at a domestic yard, in time for delivery in 1983. Previously the government intended to lease rigs, but the Ministry of Energy and Resources reportedly experienced difficulty in securing units and self ownership could prove more cost effective.

    While the Seoul government can expect to spend $80 million on building its own rig, calculations show that leasing could cost as much as $40,000 a day. In the minimum of one month needed to drill a 3,000- to 4,000-meter exploratory hole, the cost of leasing could be $12 million.

    Private shipbuilders such as Hyundai, Samsun, Daewood, and Korea Shipbuilding will be invited to participate in the project.

  • go-ahead to the Shipping Corporation of India (SCI) to build nine new ships—six 45,000-dwt product tankers and three cellular container vessels—in South Korea at a total cost of $396 million. Originally, SCI wanted to build six of each type, but had to scale down its containership order because of

  • go-ahead to the Shipping Corporation of India (SCI) to build nine new ships—six 45,000-dwt product tankers and three cellular container vessels—in South Korea at a total cost of $396 million. Originally, SCI wanted to build six of each type, but had to scale down its containership order because of

  • of 4.6-million gross tons from 1986's total of 16.8-million gross tons. According to the Annual Summary of Merchant Ships Completed, Japan and South Korea accounted for just over 4 million gt of the overall decrease. Despite the reduction, Japan's output of 5.7-million gross tons represents 46

  • about $6.6 million for help in construction of LNG carriers. Kvaerner Eureka will assist Hyundai in the fabrication of aluminum cargo tanks for South Korea's first LNG carrier. On-site training at Hyundai's Busan yard while the tanks are being built and installed is also included in the contracts

  • European shipbuilders last month complained to the European Union about alleged South Korean state aid to its shipbuilders, an action which could conceivably open the door for the EU to bring a case against South Korea at the World Trade Organization (WTO). The Committee of EU Shipbuilders' Association

  • Europe's percentage decreased, while the rest of the world showed an increase of five percent on the previous year. This has largely been due to South Korea's increased order book, the continuing growth in export orders from the People's Republic of China, and a substantial order book for Brazil

  • to 5.7 million gt (provisional) are also scheduled for delivery in 1990. Japan accounted for 40.5 percent of the total output in 1989, with South Korea in second place with 23.4 percent, compared with 37 and 29 percent, respectively, in 1988. In third position were People's Republic of China

  • Automobiles being imported from Japan and South Korea through the Port of Portland (Oregon) have grown to a record rate of 1,000 units a day during recent months, and are expected to soar even higher during the coming months. Executive director Lloyd Anderson reports that Toyota, one of three major

  • , and word is that the EU is proposing to subsidize its embattled shipyards in a long-standing dispute over what it views as unfair competition from South Korea. The EU will reportedly make the proposal to an EU industrial council meeting in Sweden on May 15. The EU, which has been holding talks with

  • coating from AkzoNobel’s International marine product range, on a series of 18 chemical tankers currently under construction at Hyundai Mipo Dockyard, South Korea.  According to the coating’s manufacturer, Navig8 selected its Interline9001 to deliver operational benefits for the 37,000 dwt vessels, providing

  • overall bright picture into the future, however, is overshadowed by the building up of excessive, superfluous shipbuilding capacities. Especially in South Korea, the second largest shipbuilding nation in the world after Japan and before Germany, newbuilding capacities are built up on a large scale. Within

  • MT Mar-24#48  (0) 1752 723330
13 . . . . .South Bay Cable Corp . . . )
    March 2024 - Marine Technology Reporter page: 48

    . . .Silicon Sensing Systems Limited . . . . . . . . . .www.siliconsensing.com . . . . . . . . . . . . . . . . . . . . . . .+44 (0) 1752 723330 13 . . . . .South Bay Cable Corp . . . . . . . . . . . . . . . . . .www.southbaycable.com . . . . . . . . . . . . . . . . . . . . . . . . . . . .(951) 659-2183 27 .

  • MT Mar-24#45  base, giving customers in South East 
Asia fresh access)
    March 2024 - Marine Technology Reporter page: 45

    (MBES), allows Unique to boost its subsea equipment rental pool. The order will swell the capacity of Unique’s Singapore base, giving customers in South East Asia fresh access to the calibration free µPAP SSBL sys- tems and the lightweight, robust and user-friendly EM2042, globaloceandesign.com launched

  • MT Mar-24#26  leader and 
Center head of the South and West Paci?  c 
Regional)
    March 2024 - Marine Technology Reporter page: 26

    FEATURE OCEANOGRAPHIC INSTRUMENTATION & SENSORS Kevin Mackay, TESMaP voyage leader and Center head of the South and West Paci? c Regional Centre of Seabed 2030. Kevin in the seismic lab at Greta Point looking at the Hunga Tonga-Hunga Ha’apai volcano 3D map completed with data from the TESMaP voyage

  • MR Apr-24#38  for scheduled delivery from South Korea’s 
Hyundai Mipo Dockyard)
    April 2024 - Maritime Reporter and Engineering News page: 38

    Copan, Tiscapa and Torogoz. The 1,400 TEU ves- sels were ordered in 2022 by Singapore-based Eastern Paci? c Shipping (EPS) for scheduled delivery from South Korea’s Hyundai Mipo Dockyard in 2025. EPS will charter the ships out to Crowley, who will deploy them on its U.S.-Central America trade connecting

  • MR Apr-24#18  construction logistics. South Korea, Ja- organic hydrogen)
    April 2024 - Maritime Reporter and Engineering News page: 18

    offshore support vessels have been widely nol is a preferred energy carrier although hydrogen and liquid deployed to support construction logistics. South Korea, Ja- organic hydrogen carriers also feature. pan and, in the longer-term, Vietnam and Australia, are fore- Battery energy storage systems feature

  • MN Apr-24#41  in Rhode Island and the South Fork Wind 
and Sunrise)
    April 2024 - Marine News page: 41

    Eversource’s portfolio of offshore wind farms in the Northeast, including the Revolu- American Offshore Services tion Wind project in Rhode Island and the South Fork Wind and Sunrise Wind projects in New York. The vessel will be An of? cial launch ceremony was held to celebrate the com- missioning of a new

  • MN Apr-24#29  projects Revolution Wind, 
South Fork Wind and Sunrise)
    April 2024 - Marine News page: 29

    , are presently under construction at Edi- son Chouest facilities. ECO Edison, an SOV (set to support Ørsted and Eversource projects Revolution Wind, South Fork Wind and Sunrise Wind) is under construction at its Houma, La. facility. Filings with the U.S. Maritime www.marinelink.com MN 29

  • MN Apr-24#23  project approximately 15 miles south of Rhode Is-
land. The)
    April 2024 - Marine News page: 23

    , in March, the Army Corps approved a permit 218,000 members (River and Harbors Act of 1899) for Orsted’s Revolution Wind project approximately 15 miles south of Rhode Is- land. The ACE permit area could include up to 65 wind turbines, eventually requiring 155 miles of inter-connecting

  • MN Apr-24#20 Feature
Navigation 
South Fork Wind
COMPETING OCEAN)
    April 2024 - Marine News page: 20

    Feature Navigation South Fork Wind COMPETING OCEAN USES RAISE EXISTENTIAL QUESTIONS By Tom Ewing 20 | MN April 2024

  • MN Apr-24#16 OpEd    
Shipbuilding 
U.S. Commercial Shipbuilding and)
    April 2024 - Marine News page: 16

    OpEd Shipbuilding U.S. Commercial Shipbuilding and Repair Industry Ensures American Strength at Sea By Matthew Paxton, President, Shipbuilders Council of America As Senator Roger Wicker force, the U.S. is falling behind. China, Korea and Japan of Mississippi once said, “Growth in commercial ship-

  • MN Apr-24#2 .
By Eric Haun
Eric Haun Ørsted South Fork Wind
32
4     Editor’s)
    April 2024 - Marine News page: 2

    the eWolf Marine News goes aboard Crowley’s new fully electric harbor tug, the ? rst of its kind in the United States. By Eric Haun Eric Haun Ørsted South Fork Wind 32 4 Editor’s Note 16 OpEd: US Shipbuilding & Repair 40 Vessels By Matthew Paxton, 42 People & Company News Shipbuilders Council

  • MR Feb-24#20  are being developed in South Korea 
The third most active)
    February 2024 - Maritime Reporter and Engineering News page: 20

    for over 35% of global power electrolyzers and other production, storage and of? oad- installations. ing systems. Concepts are being developed in South Korea The third most active ? oating production region from 2024- and Europe. 2030 is forecast to be Asia Paci? c. Over 60% of the activity • Finally

  • MR Feb-24#18  segment will move from  in South and Central American countries)
    February 2024 - Maritime Reporter and Engineering News page: 18

    of new ? oating pro- ments. duction units installed between 2024 and 2030 will be located At the same time, the ? oating wind segment will move from in South and Central American countries, of which Brazil and demonstration and pilot scale projects to pre-commercial and Guyana will account for around 90%

  • MR Feb-24#13  the US and China in the South China 
Sea (which could)
    February 2024 - Maritime Reporter and Engineering News page: 13

    companies are facing something of a per- fect storm in 2024 with the Red Sea attacks, potential escala- tion of tensions between the US and China in the South China Sea (which could impact trade routes further) and even some signs of piracy returning around Somalia. Business Interruption Rounding out the

  • MN Feb-24#8  that are advancing off-
SouthCoast Wind, Pack City Wind)
    February 2024 - Marine News page: 8

    stage in the federal permitting process. rebid into new solicitations. The Commonwealth Wind, And it is not just federal agencies that are advancing off- SouthCoast Wind, Pack City Wind, Empire Wind 1 and shore wind. The state of Louisiana has signed two leases in 2, Beacon Wind 1 and Sunrise Wind projects

  • MT Jan-24#9  Russia, China, North and South Korea, In- warfare via the)
    January 2024 - Marine Technology Reporter page: 9

    are known to have such combat AUVs under develop- we are witnessing the real-time evolution of offensive mine ment, including Russia, China, North and South Korea, In- warfare via the deployment of hybrid weapons leveraging dia, Taiwan, Israel, France, the UK, Australia, and the United the stealth and lethality

  • MR Jan-24#14  detailed mod- tween Europe and South America.
square meters)
    January 2024 - Maritime Reporter and Engineering News page: 14

    (CFD) advance- life on a ? xed trans-Atlantic route be- meters tall with a projected area of 363 ments, encompassing the detailed mod- tween Europe and South America. square meters. Steel ships are of course elling of the intricate interaction among Modelling, and data from Energy much heavier than a

  • MT Nov-23#32  located on the 
to help them. south shore of Massachusetts)
    November 2023 - Marine Technology Reporter page: 32

    submarine supplier. Our allies were asking for help, and we were sending supplies We have an interesting demographic. We’re located on the to help them. south shore of Massachusetts, and we have a community here We were in a similar spot from the sense in that we had been where there are a lot of wealthy

  • MT Nov-23#28  maritime professionals from South 
ing a perfect backdrop)
    November 2023 - Marine Technology Reporter page: 28

    ceremony with local dignitaries, Cordage Park is on Plymouth’s picturesque waterfront, provid- friends of Greensea, and maritime professionals from South ing a perfect backdrop for this innovative demonstration event. New England in attendance. – by Rhonda Moniz 28 November/December 2023 MTR #8

  • MR Dec-23#39  En-
gineering) in Geoje, South Korea, the ship is 
classi)
    December 2023 - Maritime Reporter and Engineering News page: 39

    Vellore was named at a ceremony at the MMHE Pasir Gudang yard. Built by Hanwha Ocean (for- merly Daewoo Shipbuilding & Marine En- gineering) in Geoje, South Korea, the ship is classi? ed by Lloyd’s Register. Eagle Vellore’s two sister vessels are cur- rently under construction by Hanwha Ocean and due to

  • MR Dec-23#38  two million tons.
yard  in South Korea. With a length of almost)
    December 2023 - Maritime Reporter and Engineering News page: 38

    , which has a combined deadweight The “Berlin Express” was built at the Hanwha Ocean ship- tonnage (dwt) capacity of over two million tons. yard in South Korea. With a length of almost 400 meters and Seri Damai and Seri Daya have enhanced cargo tank insu- a capacity of 23,600 TEU, it is the largest cargo

  • MR Nov-23#73  Joint Interagency Task Force South (JIATF-South) pro-
tion)
    November 2023 - Maritime Reporter and Engineering News page: 73

    Antarctica. Separate, but related research by the US Navy technologies that were game changers at their time of incep- at the Joint Interagency Task Force South (JIATF-South) pro- tion. Stately plainly, these technologies cannot keep pace with duced similar results in areas with no cell phone connectivity

  • MR Nov-23#62  new market entrants, including South America and 
rate, whereas)
    November 2023 - Maritime Reporter and Engineering News page: 62

    in Europe, East Asia and the U.S. Further, we long-term contracted SOV supply has grown at a fairly steady anticipate new market entrants, including South America and rate, whereas the SOV segment is currently going through a Australia. signi? cant growth spurt. The one concern for this segment

  • MR Nov-23#30 . The vessel sank in the South  wide range of data sources)
    November 2023 - Maritime Reporter and Engineering News page: 30

    . reminder of the importance of wave data to ship Like IACS, wave and weather analysis companies rely on a design and operation. The vessel sank in the South wide range of data sources. “Every day, we ingest about 2.25 mil- Atlantic Ocean, with 22 of 24 crewmembers lost. lion discrete data points,” says