Doosan Enerbility signs steam turbine supply deal for Qatar plant SEOUL, December 15 (AJP) - Doosan Enerbility said on Monday it has signed a contract with Samsung C&T to supply key equipment for a power plant in Qatar, in a deal valued at about 1 trillion won ($730 million). The project involves the construction of a 2,400-megawatt gas-fired power plant located around 10 kilometers southeast of Doha. Under the agreement, Doosan Enerbility will supply two 430-megawatt steam turbines, generators and related auxiliary equipment, with deliveries scheduled to be completed by 2029. The contract marks Doosan Enerbility’s second project win in Qatar this year. In March, the company secured a 290 billion won peaking unit project in the country. It has also won additional gas power contracts in Saudi Arabia, including the Ghazlan 2 and Hajar expansion projects, with a combined value of about 340 billion won. Doosan Enerbility said it is strengthening its presence in the Middle East by expanding deliveries of steam turbines and generators as regional demand for gas-fired power generation grows. “Our continued success in Qatar, along with expanding contracts across the Middle East, reinforces our position in the global gas-fired power market,” said Son Seung-woo, head of Doosan Enerbility’s Power Service business group. “We aim to further enhance our competitiveness by offering optimized solutions based on the reliability of our products.” * This article, published by Aju Business Daily, was translated by AI and edited by AJP. 2025-12-15 10:23:22

South Korea's HJ Shipbuilding secures first US Navy MRO contract SEOUL, December 15 (AJP) - South Korea's HJ Shipbuilding has signed its first maintenance, repair and overhaul (MRO) contract with the U.S. Navy, marking its entry into the shipbuilding cooperation project between South Korea and the United States, the company said on Monday. The contract covers mid-level maintenance of the USNS Amelia Earhart, a 40,000-ton dry cargo and ammunition ship operated under the U.S. Navy’s Naval Supply Systems Command and Military Sealift Command. Commissioned in 2008, the USNS Amelia Earhart supports U.S. Navy operations by delivering up to 6,000 tons of ammunition, food and cargo, as well as about 2,400 tons of fuel. The vessel, named after pioneering aviator Amelia Earhart, is 210 meters long and 32 meters wide, with a top speed of 20 knots. HJ Shipbuilding said it will begin maintenance work at its Yeongdo Shipyard in Busan in January and aims to redeliver the ship to the U.S. Navy by the end of March. The company described the contract as a key step toward entering the U.S. Navy’s MRO market, which has high entry barriers but offers strong long-term returns. The MASGA project, along with the U.S. Department of Defense’s Regional Sustainment Framework policy, is strengthening defense cooperation in the Indo-Pacific region and boosting expectations within South Korea’s defense industry, analysts say. HJ Shipbuilding has been preparing to enter overseas MRO markets since 2024, building on its experience as South Korea’s first marine defense contractor since 1974. Earlier this year, the company applied for a Master Ship Repair Agreement licence and underwent a site inspection in September to assess its facilities for U.S. Navy maintenance work. “This contract recognizes our maintenance capabilities and technical expertise on the global stage,” Chief Executive Yoo Sang-chul said. “We will meet the U.S. Navy’s delivery schedules and quality standards, and build long-term trust based on our 50 years of experience.” * This article, published by Aju Business Daily, was translated by AI and edited by AJP. 2025-12-15 10:04:08

South Korea's Kolon Industries joins hands with Canadian firm for fuel cell business SEOUL, December 04 (AJP) - Kolon Industries said Thursday it has signed a memorandum of understanding with Canada’s Ballard Power Systems to expand cooperation in hydrogen fuel cell components, strengthening its push into the clean-energy sector. The agreement was signed at the World Hydrogen 2025 event held at KINTEX in Goyang, Gyeonggi Province. Ballard, founded in 1979, is a major global supplier of high-efficiency, durable hydrogen fuel cell technology used in buses, trucks, trains, marine vessels and stationary power systems. Kolon Industries has supplied moisture control devices for Ballard’s fuel cell stacks since 2018. Under the MOU, the companies will work to secure a stable supply chain for key components and broaden collaboration on new product development and performance upgrades. “This MOU with Ballard, a global leader in the hydrogen fuel cell market, marks an important milestone in strengthening our strategic partnership,” said Heo Sung, president of Kolon Industries. Kolon Industries has been scaling up its fuel cell materials business, building on more than three decades of membrane design and manufacturing expertise, as well as ongoing research into fuel cell separator technology. * This article, published by Aju Business Daily, was translated by AI and edited by AJP. 2025-12-04 16:44:30