In South Korea, shipbuilder Hanwha Ocean and the Singapore-based Global Centre for Maritime Decarbonization announced a five-year strategic partnership aimed at advancing low- and zero-carbon solutions in the maritime sector. The collaboration will focus on alternative fuels, energy efficiency technologies, and onboard carbon capture, marking GCMD’s first partnership with a South Korean shipbuilder. The alliance […]
In Korea, Hanwha Systems and Hanwha Ocean have announced the acquisition of Philly Shipyard from Aker ASA, marking a significant expansion in their global defense and shipbuilding operations. The $100 million investment secures a leading U.S. shipbuilder that has produced around half of the large commercial ships under the Jones Act since 2000. Philly Shipyard, […]
In Korea, Korea IT Times reports Hanwha Ocean will display a 93,000㎥ Very Large Ammonia Carrier (VLAC) at the Posidonia 2024 exhibition in Athens, Greece. Ammonia is emerging as a key fuel for the carbon-free era due to its lack of carbon dioxide emissions. Since late last year, demand for ammonia carriers has been increasing. […]
