Offshore

"U.S. Offshore Wind Expands to 40 States" Korean Shipyards Refocus Bidding Strategy on Three Fronts

With $25 billion (KRW 34 trillion) in cumulative offshore wind investments and over 2,000 contracts across 40 states, the U.S. wind sector is moving into full industrial scale. This means Korean shipbuilders — traditionally foc..

News > Offshore > 2025-06-25 16:34:34

"New projects may resolve LNG shipping slump"

Experts have suggested that the imbalance in the global LNG shipping market fleet could be offset by increased natural gas supply. Greek shipbroker Intermodal Shipbrokers stated in a report, “The global LNG carrier market is cu..

News > Offshore > 2025-06-25 14:32:19

“SK Oceanplant Valuation on the Rise”

Offshore Wind Momentum Revives Sale Talks New administration’s green energy push boosts valuation outlook Unique edge in substructure manufacturing draws buyer interest Hanwha Ocean cited as a likely strategic bidder SK Oc..

News > Offshore > 2025-06-24 08:55:42

“Offshore Wind Needs Infrastructure First”

Korea’s 100 Trillion-Won ‘Energy Superhighway’ Enters Fast Lane Government unveils nationwide U-shaped offshore grid HVDC, ESS, and industrial zone links included “No power grid, no wind energy”—..

News > Offshore > 2025-06-24 08:51:31

Golar LNG Accelerates Next FLNG Projects as Gimi Reaches Commercial Operations

FLNG Gimi hits COD milestone in BP’s Greater Tortue Ahmeyim project First 5-mtpa newbuilding under engineering finalization Yard capacity shortages add urgency to upcoming FLNG decisions Gimi Begins 20-Year Commercial Opera..

News > Offshore > 2025-06-24 08:27:15

K Line and Yinson join forces to advance carbon capture shipping solutions

Kawasaki Kisen Kaisha, known as “K” Line, through its UK subsidiary K LINE ENERGY SHIPPING, has entered into a strategic partnership with Malaysia’s Yinson Production to co-develop innovative shipping solutions for liq..

News > Offshore > 2025-06-20 15:34:08

Samsung Heavy Poised to Win All 3 Units of U.S. Delphin FLNG Project?

13.2MTPA LNG Project Downscaled from 4 to 3 Units—Raising Hopes for SHI’s Full-Scope Order Samsung: “Still targeting 2 units, but flexible depending on phased procurement” --- Mega 13.2MTPA FLNG Project ..

News > Offshore > 2025-06-20 08:11:37

Used LNG Carriers for FSRU Conversion: A Window of Opportunity?

Steam carrier retrofit market rises — Korean yards and suppliers urged to act swiftly Korean Shipyards Eye Retrofit Market as New Growth Avenue If Excelerate’s steam LNG carrier conversion to FSRU moves forward, it ..

News > Offshore > 2025-06-19 15:24:11

Hanwha Ocean targets Brazil FPSO bid

South Korean shipbuilding heavyweight Hanwha Ocean has declared its return to the Floating Production Storage and Offloading unit (FPSO) market after a three-year hiatus. The target is the 'P-86' FPSO ordered by Brazil's sta..

News > Offshore > 2025-06-18 14:14:38

DNV okays COSCO FLNG concept

DNV has approved the concept of Floating Liquefied Natural Gas (FLNG) unit developed by COSCO SHIPPING (Qidong) Offshore and COSCO (Nantong) Shipyard, shipbuilding affiliates of China's state-owned shipping giant COSCO. The Norwe..

News > Offshore > 2025-06-17 16:16:22