Equipment

Shipyards agree to raise thick plate price

The Korean shipbuilding industry, which had relied on low-priced thick plates to cut costs, have taken a step back from negotiation with steel industry. According to industrial source, South Korean steel manufacturer POSCO has recent..

News > Equipment > 2025-04-30 16:14:37

SHI to commercialize ship digital solution

South Korean shipbuilding giant Samsung Heavy Industries (SHI) entered into a memorandum of understanding (MOU) with its compatriot operator H-LINE Shipping on working together in digital solutions for ships. Under the MOU, the two K..

News > Equipment > 2025-04-29 09:49:37

Wartsila develops floating ammonia-to-hydrogen cracker

Wärtsilä Gas Solutions, part of technology group Wärtsilä, and Höegh Evi, a global leader in marine energy infrastructure, have successfully completed development of the world’s first floating ammonia-to-h..

News > Equipment > 2025-04-25 15:36:23

Soaring Growth of Korea’s Top 3 Engine Makers Amid Shipbuilding Boom

Korea’s ship engine manufacturers are entering a phase of rapid growth, riding the wave of the shipbuilding industry’s supercycle. With the tightening of global eco-friendly regulations and a surge in high-value ship orders,..

News > Equipment > 2025-04-24 08:19:33

J-ENG starts ammonia co-firing of gas carrier

Japan Engine Corporation (J-ENG) announced on April 21 that the Japanese engine provider is developing a large, low-speed, ammonia-fueled 2-stroke engine under the “Green Innovation Fund Project: Next-generation Ship Development&r..

News > Equipment > 2025-04-23 14:13:44

TMC to equip 12 LNG carriers

Hanwha Ocean has picked TMC Compressors (TMC) to deliver the marine compressed air system to 12 LNG vessels the South Korean shipbuilder is constructing for an undisclosed LNG shipping major. Under the contract, TMC will supply a com..

News > Equipment > 2025-04-23 10:28:39

Riding the Shipbuilding Supercycle: Engine Makers Enjoy Record-Breaking Orders

Korea’s marine engine manufacturers are enjoying a boom thanks to the shipbuilding industry's "supercycle" — a period of exceptional growth and demand. A combination of stricter international environmental r..

News > Equipment > 2025-04-23 09:43:43

HD HHI develops boxship lasing tech

HD Hyundai Heavy Industries (HD HHI) announced on April 22 that the South Korean shipbuilding tycoon attained Approval in Principle (AiP) from Lloyd's Register (LR) for its lashing auxiliary cargo safety device for containership. ..

News > Equipment > 2025-04-22 16:35:21

GTT predicts surge in LNGC orders

Gaztransport & Technigaz (GTT), a French engineering company, is forecasting a significant rise in LNG carrier orders, despite the ongoing slowdown in the shipping market. According to industry sources and TradeWinds, GTT maintai..

News > Equipment > 2025-04-22 14:45:45

Hanwha Engine boasts robust sales

Hanwha Engine has recently announced that the South Korean engine maker posted revenue of KRW 318.2bn (about $224m) and operating profit of KRW 22.3bn for the first quarter of 2025, up by 8.4% and 14.9% over the same period of 2024. ..

News > Equipment > 2025-04-22 09:15:28