Hyundai Heavy Industries News

Hyundai Heavy Industries places order for MAN Energy Solutions’ methanol dual-fuel engines for A.P. Moller – Maersk

Hyundai’s Ship-Building Division, HHI-SBD, has ordered 8 × MAN B&W 8G95ME-LGIM (Liquid Gas Injection Methanol) engines, in connection with the building of 8 × 16,000-teu container ships for A.P. Moller – Maersk, the global integrator of container logistics. Hyundai Engine & Machinery Division, HHI-EMD, will build the engines. The order contains an option for a further four engines, with the first of the confirmed vessels due to enter service in Q1, 2024. Methano...

HHI Group accelerates advent of autonomous shipping era

Co-developed by HHI Group and the state-run Korea Advanced Institute of Science & Technology (KAIST), HiNAS automatically recognises surrounding vessels through camera analysis via artificial intelligence (AI) to determine and alert the risk of collision based on augmented reality (AR). Particularly noteworthy about this advanced navigation support system is that even when visibility is limited at night or by sea fog, it can analyse and provide comprehensive information, such as the locatio...

Hyundai Heavy Industries placed world-first order for low-speed ME-GA engine by MAN Energy Solutions

HHI-EMD (Hyundai Heavy Industries' Engine Machinery Division) has placed a world-first order for the low-speed ME-GA engine, the latest edition to MAN Energy Solutions’ dual-fuel portfolio.   HHI-EMD has ordered 2 x 5G70ME-GA10.5 engines for each of 6 x 174,000-m3 LNG carriers for shipowners KLC (2 vessels), PANOcean (2), Knutsen (1), and JP Morgan (1). Hyundai’s Shipbuilding Division (HHI-SBD) will construct the vessels in Korea, which will be chartered by Shell Tankers (Sing...

HHI Group’s new subsidiary firm, Avikus becomes South Korea’s first company to successfully demonstrate fully autonomous navigation

Avikus, Hyundai Heavy Industries (HHI) Group’s newly established subsidiary, specialised in autonomous navigation technology, became South Korea’s first company to succeed in fully autonomous navigation of a ship. Avikus Avikus announced that it successfully completed fully autonomous, unmanned operation of a cruise ship Avikus announced that it successfully completed fully autonomous, unmanned operation of a cruise ship for 12 passengers, at a demonstration event, held in Pohang-...

Wilhelmsen Ship Management appointed ship manager for the first Turkish-flagged FSRU

Wilhelmsen Ship Management (Wilhelmsen) is proud to announce the smooth and successful takeover of Ertuğrul Gazi, the first Turkish-flagged floating storage and regasification unit (FSRU) vessel. The new-build FSRU, built at Hyundai Heavy Industries, South Korea, is owned by the Turkish state-owned crude oil and natural gas pipeline corporation, BOTAŞ. Ertuğrul Gazi FSRU The newly built FSRU completed its sea trials in March 2021 and will operate in the İskenderun Bay The newly built FSRU co...

HHI Group launches “Hydrogen Project” with Saudi Aramco

Hyundai Heavy Industries Holdings (HHIH), a holding company of HHI Group, signed a memorandum of understanding (MoU) for cooperation in hydrogen and ammonia-related businesses with Saudi Aramco on March 3.   The MoU was signed by Kisun Chung, Vice President & Head of Management Support Office at HHIH, and Ahmad A. Al Sa'adi, Senior Vice-President of Technical Services at Saudi Aramco. Carbon zero process Hyundai Oilbank plans to cooperate with Saudi Aramco on the realisation of a &l...

Korea Shipbuilding & Offshore Engineering wins orders for 6 ships worth KRW 1 Trillion

Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Heavy Industries (HHI) Group’s intermediate holding company controlling the Group’s shipbuilding units, won orders to build six new ships worth KRW 1 trillion in total.   KSOE announced on December 16 that it recently signed contracts with shipping companies based in Europe, Bermuda, and Asia to construct four 174,000m³ LNG carriers and two 318,000-ton very large crude oil carriers (VLCCs). Enhancing operation...

Hyundai Heavy Industries launches Co-Prosperity Business Office under the control of their CEO

Hyundai Heavy Industries (HHI) established for the first time in Korea’s shipbuilding industry ‘Co-Prosperity Business Office’ under the direct control of its CEO, with an aim to build a new win-win business model with its partner companies.   For this, HHI expanded and reorganized the existing business unit responsible for supporting partner companies, led by a Senior Vice President-level Executive, into Co-Prosperity Business Office with three departments staffed with...

HMM signs letter of intent for its mega containership orders

HMM has signed its letter of intent for its mega containership orders with three shipyards – Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME), and Samsung Heavy Industries. Since HMM sent out a Request for Proposal (RFP) to shipbuilding companies on April 10, HMM has considered all the conditions for newbuilding including delivery date and price of new ships suggested by shipbuilders, and finally selected three shipbuilders to sign a Letter of Intent (LOI) for...

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