gas recovery lng vessel
Scope
Date
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Business & Politics
Seoul mulls joint review of Alaska LNG project with Japan, Taiwan, Vietnam
South Korea has proposed forming a consortium with Japan, Taiwan and Vietnam to jointly assess the feasibility of investing in the $45 billion Alask...
Apr 27, 2025 (Gmt+09:00)
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Mergers & Acquisitions
IMM consortium owns 100% of Hyundai LNG Shipping; Stake sale eyed
A consortium of IMM Private Equity Inc. and IMM Investment Corp. has secured full ownership of Hyundai LNG Shipping, South Korea’s top liquefi...
Apr 07, 2025 (Gmt+09:00)
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Energy
Alaska governor seeks Korean partners for $44 bn LNG project
Alaska Governor Mike Dunleavy arrived in South Korea on Monday to hold a series of one-on-one meetings with top executives from Korean energy and st...
Mar 25, 2025 (Gmt+09:00)
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Energy
HD Hyundai, TerraPower to commercialize next-gen SMR
South Korea’s largest shipbuilder, HD Hyundai Heavy Industries Co., is deepening its partnership with TerraPower LLC, the US nuclear venture f...
Mar 12, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy eyes $5.5 bn FLNG ship deals as Trump sanctions China
GEOJE, South Gyeongsang – At a huge shipyard operated by Samsung Heavy Industries Co. on Geoje, an island in South Gyeongsang province some 39...
Mar 11, 2025 (Gmt+09:00)
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Energy
Trump-driven energy boom spurs Korean firms to hike US gas investments
WOODFORD, Oklahoma – A shale gas field in Woodford, Carter County was bustling with activity on Feb. 25.A team of engineers oversaw the drilli...
Mar 10, 2025 (Gmt+09:00)
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Business & Politics
Trump says Korea interested in Alaska gas project; Korean firms skeptical
South Korea, Japan and other countries want to partner with the US in a $44 billion natural gas pipeline project in Alaska, President Donald Trump s...
Mar 05, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Korea, US to expand cooperation in shipbuilding sector
WASHINGTON -- South Korea and the US plan to set up a working group to expand their cooperation in the shipbuilding industry from warships to commer...
Mar 02, 2025 (Gmt+09:00)
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Earnings
Coupang posts profit for 2 straight years in 2024 on new growth drivers
Coupang Inc., South Korea’s answer to global e-commerce giant Amazon.com, ended last year with profit for the second straight year thanks to t...
Feb 26, 2025 (Gmt+09:00)
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Energy
SK Innovation E&S to secure 10 mn tons of LNG to compete with BP, Shell
SK Innovation E&S (SKI E&S), the natural gas business unit of South Korea’s SK Innovation Co., is set to begin an LNG trading business...
Feb 23, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders to benefit from rising LNG, oil tanker demand
South Korean shipbuilders are expected to benefit from a potential surge in demand for liquefied natural gas (LNG) and crude oil carriers as US Pres...
Feb 17, 2025 (Gmt+09:00)
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Economy
S.Korea’s default risk dips below pre-martial law levels
South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...
Feb 17, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE bags $371 mn LNG bunker ship order
The outlook for South Korean shipbuilders’ liquefied natural gas (LNG) bunkering ship construction looks bright as the global LNG-powered ship...
Feb 10, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Marine sets sights on LNG vessel retrofitting in Trump era
While the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a...
Feb 05, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE wins $2.6 bn order for 12 container ships
South Korea’s largest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Thursday it got 3.716 trillion won ...
Jan 23, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $264 mn order for LNGC
South Korea’s shipbuilder Samsung Heavy Industries said on Monday it won 379.6 billion won ($264 million) for one unit of liquefied natural ...
Jan 21, 2025 (Gmt+09:00)
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Mergers & Acquisitions
Macquarie kicks off sale of DIG Airgas estimated at over $3.4 billion
Macquarie Asset Management has embarked on a process to sell off its 100% stake in South Korea’s third-largest industrial gas producer DIG Air...
Jan 13, 2025 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE eyes $180.05 bn worth of orders in 2025
South Korea’s largest shipbuilder, HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), said Friday it aims to win $180.05 billion ...
Jan 03, 2025 (Gmt+09:00)
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Korean stock market
Kospi to move in 2,350-3,200 range in 2025: brokerages
South Korean stocks are expected to bounce back in the new year as their extremely low valuation following investors’ massive sell-offs in 202...
Dec 31, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hahn & Co. to buy controlling stake in SK’s specialty gas unit for $1.9 bn
South Korea’s private equity firm Hahn & Co. is set to acquire a controlling stake in the world’s top specialty gas producer SK Spec...
Dec 24, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha completes acquisition $100 mn Philly Shipyard
South Korean chemicals-to-defense conglomerate Hanwha Group completed the acquisition of Philly Shipyard on Friday.The size of the deal was $100 mil...
Dec 20, 2024 (Gmt+09:00)
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Energy
Doosan Enerbility to supply TerraPower's SMR equipment
South Korea's Doosan Enerbility Co. said on Thursday it signed a contract with TerraPower to supply the equipments for small modular reactor (SMR).T...
Dec 19, 2024 (Gmt+09:00)
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Pension funds
NPS to invest record $1.4 billion in Korean property market in 2025
South Korea’s National Pension Service (NPS) plans to invest 2 trillion won ($1.4 billion) in the domestic real estate market next year to gai...
Dec 18, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Hyosung TNC acquires Hyosung Chemical’s specialty gas unit for $642 mn
Hyosung TNC Corp., a South Korean textile and yarn maker, said on Thursday it will acquire the specialty gas division of Hyosung Chemical Corp. for ...
Dec 12, 2024 (Gmt+09:00)
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Automobiles
Korea’s commercial vehicle sales tumble on economic slowdown
South Korea’s commercial vehicle sales are plunging on sluggish domestic demand amid a slowdown in Asia’s fourth-largest economy.Local s...
Dec 12, 2024 (Gmt+09:00)
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Batteries
POSCO, Hancock seek to jointly build lithium plant
POSCO Holdings Inc. on Tuesday signed a memorandum of understanding with Hancock Prospecting, an Australian mining company, to build a plant to annu...
Dec 10, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean, Babcock to team up for submarine exports
South Korea's Hanwha Ocean Co. said on Friday it signed a strategic partnership with the UK-based global defense industry giant Babcock Internationa...
Nov 29, 2024 (Gmt+09:00)
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Energy
POSCO Int'l starts commissioning of Senex Energy gas facility
South Korea's POSCO International Corp. said on Monday it has begun commissioning its first gas processing facility at Senex Energy’s Atlas ...
Nov 25, 2024 (Gmt+09:00)
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Chemical Industry
Hyosung TNC mulls takeover of chemical affiliate’s specialty gas unit
Hyosung TNC Corp., the world’s top spandex maker, is considering taking over the specialty gas business of its chemical affiliate, news of whi...
Nov 22, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM introduces S.Korea's first LNG-powered vessels
South Korea's HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foot container) container ships powered by liquefied ...
Nov 22, 2024 (Gmt+09:00)
Latest News
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- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand