From October 24th to 27th, Korea’s representative shipbuilding and marine exhibition ‘KORMARINE 2023′ was held successfully. KORMARINE is a comprehensive shipbuilding and marineSTX Marine Services’ vessel, the Araon, provided assistance to an emergency patient in the Antarctic Ocean. South Korean government ministries announced on the 30th that the Araon supported the treatment of an emergency patient that occurred in the Antarctic Amundsen Sea on the 25th. The Araon received news of an emergency patient on a Uruguayan-flagged vessel at 10 a.m. on January 25th Korean time. Responding to an u ..read more

From October 24th to 27th, Korea’s representative shipbuilding and marine exhibition ‘KORMARINE 2023’ was held successfully. KORMARINE is a comprehensive shipbuilding and marine exhibition that assists shipbuilding and marine companies in breaking into new global markets and facilitates the exchange of cutting-edge technologies in the fuel and marine plant fields. It has been held every two years since it was first held in 1980. It provided new business opportunities to a variety of companies in particular because it was the only shipbuilding and maritime exhibition that continued to be held d ..read more

The operation started on July 17th, after green methanol was successfully delivered to a container ship at Ulsan Port in Korea for the first time ever. The Danish shipping company Maerk has ordered the first of a total of 19 methanol-powered container ships from Hyundai Heavy Industries Group’s Hyundai Mipo Dockyard. The 2,100 TEU class ship, which is loaded with 1,000 tons of green methanol, will travel 21,500 kilometers from Ulsan Port to Copenhagen, Denmark, via the Suez Canal. In comparison to conventional fuels, the supply of green methanol, which has excellent carbon reduction effects, i ..read more

At the 80th Marine Environment Protection Committee (hereinafter referred to as MEPC) held in London from July 3rd to 7th, the International Maritime Organization (IMO) adopted the ‘2023 Greenhouse Gas Reduction Strategy’, which aims to achieve carbon neutrality in international maritime by 2050. The strategy replaces the previous goal of reducing greenhouse gas emissions by 50% from total emissions in 2008 by 2050 with a phased target of reducing emissions by at least 20% by 2030 and at least 70% by 2040. The end goal is to have net zero emissions by the year 2050. The reductions in 2030 and ..read more

MADEX 2023, the International Maritime Defense Industry Exhibition, was held successfully in BEXCO, Busan, from June 7 to June 9. MADEX is Korea’s largest marine and defense industry exhibition, held every other year since 2001 and co-hosted by the Navy, Busan Metropolitan City, the Korea International Trade Association, and the Association of the ROK Navy. The exhibition featured a wide range of marine defense industry technology from 150 major defense industry companies from 12 countries, and a total of 15,089 visitors came to see the present and future of marine technology. A large number o ..read more

ⓒ MacNet – Investigating into a variety of defensive strategies and environmentally friendly alternative fuels in accordance with the IMO’s carbon neutral regulation policy. The ‘2023 MacNet Strategy Seminar’ was held on the April 20 by MacNet(Maritime Cluster Networking in Korea) and the city of Busan at the Ocean Hall of the Korean Register’s Busan headquarters. This seminar, which is held both online and offline, was held to share information regarding the current status and sustainability of propulsion technology for ships using ‘methanol’, which is attracting attention as an eco-friendly ..read more

ⓒ MacNet – Investigating into a variety of defensive strategies and environmentally friendly alternative fuels in accordance with the IMO’s carbon neutral regulation policy. The ‘2023 MacNet Strategy Seminar’ was held on the April 20 by MacNet(Maritime Cluster Networking in Korea) and the city of Busan at the Ocean Hall of the Korean Register’s Busan headquarters. This seminar, which is held both online and offline, was held to share information regarding the current status and sustainability of propulsion technology for ships using ‘methanol’, which is attracting attention as an eco-friendly ..read more

Korean Register (KR) held its 17th KR European Committee (KREC) meeting in London, UK, on 4 July.  The annual meeting was first established in 2004, when current KR Chairman & CEO, Hyungchul LEE served as the General Manager of the KR London Branch Office.  Each year, senior KR representatives meet with the KREC committee members to freely discuss the maritime industry’s most pressing issues and challenges, sharing any information that will help the committee members address these issues while supporting the Korean Maritime industry to enhance its offer and meet customers’ needs ..read more

Hyundai Heavy Industries (HHI) Group will build a big data platform for the Group’s core businesses, including shipbuilding and offshore engineering, in partnership with Palantir Technologies Inc., the world’s best American big data analytics company. The two parties also decided to consider establishing a joint venture to promote the big data platform business in the mid- to long-term. HHI Group announced that it signed a memorandum of understanding with Palantir Technologies in Las Vegas on January 4 for the establishment of a big data platform and a joint ventu ..read more

Samsung Heavy Industries chooses ATEX approved, fibre optic-based SENSFIBTM monitoring technology to help keep new Sovcomflot ice-class vessels safe Oslo, Norway: Samsung Heavy Industries (SHI) has selected Light Structures AS, the world leading supplier of fiber optic condition monitoring systems for maritime applications, to deliver comprehensive ice load monitoring systems for 10 Arctic Liquid Natural Gas Carriers (ALNGC) operated by Russia’s shipping company, Sovcomflot. The first of Sovcomflot’s newbuild ice-class ships will be delivered before the end of the year, with six more due in 20 ..read more