Hyundai Heavy Industries (HHI) News

WE Tech Solutions. Oy, the energy efficiency solutions provider, has received an order to deliver its solution one economical operations to six 174k LNG Carriers for Hyundai LNG Shipping. The vessels are to be built at Hyundai Heavy Industries Co. Ltd. and the equipment delivery from WE Tech to the shipyard will commence in October 2022. The economical operations solution package featured with innovative Direct Drive Permanent Magnet Shaft Generators and WE Drives™ are the benchmarking...

A.P. Moller - Maersk (Maersk) has introduced the design of their eight ground-breaking and industry-renowned 16,000 TEU container vessels, powered by carbon-neutral methanol. When designing these, the company’s ambition was to make sure the new vessels could service their customers in a smarter way, while contributing to their carbon-neutral transportation goals. Carbon-neutral transportation Unique to the industry, this design allows a 20% improved energy efficiency per transported con...

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...

With a length of 366m, a breadth of 51m, and a depth of 29.9m, this HSHI-constructed vessel marks the world’s first VLCS operating on LNG. Notably, it is equipped with a 12,000m2-class large LNG fuel tank, giving the vessel enough fuel capacity for an Asia-Europe round trip on a single filling. The tank is composed of 9% nickel steel which has superior strength and impact toughness even at a cryogenic temperature (-163°C). Container loading efficiency The ship is also outstanding in...

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...

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...

HMM has signed new building contracts with Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries (HHI) for twelve 13,000 TEU container vessels, at a total cost of USD 1.57 billion. Under the agreement, DSME and HHI will build six vessels, respectively, scheduled for delivery in the first half of 2024. All ships will be installed with hybrid scrubbers and designed to be LNG-ready. Energy-efficient technologies An HMM official said, “Our newly ordered conta...

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 (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...

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...

As part of the company’s fleet improvement plan, Wan Hai Lines has confirmed an order of 5 container vessels with HHI (Hyundai Heavy Industries). The contract signing ceremony was held at Wan Hai Lines’ Taipei headquarters on 25th March 2021. The contract includes five (5) 13,200 Teu container vessels with HHI. These new vessel types will start taking delivery in the first quarter of 2023, respectively. Fleet renewal plan Currently, Wan Hai Lines operates a fleet of 74 owned...

HMM is pleased to announce that HMM Nuri, the first of eight 16,000 TEU-class newbuild containerships, starts its first voyage from the port of Busan in Korea. HMM’s 16,000 TEU container vessels have been built at the Ulsan shipyard of Hyundai Heavy Industries (HHI) and are scheduled to be delivered from this March throughout the second quarter of 2021. HMM Nuri’s deployment HMM Nuri will be deployed on the Far East Europe 4(FE4) route under THE Alliance’s product plan HMM...

Hyundai Heavy Industries (HHI) Group, amidst its active pursuit of ESG management, became the first company in the Korean shipbuilding industry to obtain the highest credit rating required to be an issuer of green bonds. HHI, the Group's shipbuilding arm, announced that it received a "Green 1" rating from NICE Investors Service Co., an affiliate of Korea's largest credit rating group National Information & Credit Evaluation (NICE), for its planned issuance of green bonds. Green bonds The...

DNV GL, the classification society, and HHI Group, the shipyard, have teamed up to embark on the development of future-proof tanker designs. In a recent "Green Tankers towards 2050" industry webinar, attended by more than 250 participants from shipping companies around the world, DNV GL and HHI Group presented the results of new joint research and explained how eco-friendly maritime solutions can help shipowners and managers to cope with stricter environmental regulations now and in the future....

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...

HMM held a naming ceremony for a 24,000 TEU-class containership ‘HMM Algeciras’, the world’s largest containership, at the DSME (Daewoo Shipbuilding & Marine Engineering)’s Okpo shipyard in Geoje, Korea. Distinguished guests attending the ceremony  About 160 distinguished persons attended the ceremony, including Moon Jae-in (President of the Republic of Korea), Hong Nam-ki (Deputy Prime Minister and Minister of Economy and Finance), Moon Seong-hyeok (Minister o...

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...

Intellian, the globally renowned company in mobile satellite communication antenna systems, have launched a satcom package for smart ships with marine engineering and service provider – Hyundai Global Service (HGS), a subsidiary of the world’s No. 1 shipbuilding company - Hyundai Heavy Industries (HHI) group. This is the first joint project to come from the companies’ signing of a Memorandum of Understanding (MoU) in July. Satcom package for smart ships The package, which in...

On September 28th, HMM signed the formal contracts for its twenty eco-friendly mega containerships with three shipyards - Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI), and Samsung Heavy Industries (SHI). DSME and SHI will build seven and five 23,000 TEU containerships, respectively, which are expected for delivery in the second quarter of 2020. HHI will construct eight 15,000 TEU containerships to be delivered in the second quarter of 2021. The Ceremonies...

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...