Journalist

Shin Ji-a
  • Hanwha Ocean taps ex-Canadian Navy officer to lead local subsidiary
    Hanwha Ocean taps ex-Canadian Navy officer to lead local subsidiary SEOUL, January 21 (AJP) - South Korea's Hanwha Ocean has appointed Canadian defense specialist Glenn Copeland to head its local subsidiary as the shipbuilder intensifies its bid for Canada’s Patrol Submarine Project, a program the company said could be worth up to 60 trillion won ($45 billion). Hanwha Ocean has established Hanwha Defense Canada to pursue the contract, and said Copeland’s appointment will allow it to step up engagement with Canadian authorities. Copeland served as a commissioned officer in the Royal Canadian Navy for 22 years, including roles as an operations and tactics officer and deputy commander of a patrol vessel, before retiring with the rank of lieutenant colonel. He later joined Lockheed Martin Canada, where he led the modernization program for the Halifax-class patrol frigates. During his time at Lockheed Martin Canada, Copeland oversaw the full program lifecycle, including finance, engineering processes and software development, Hanwha Ocean said. He also gained experience spanning business development and export programs related to the CMS 330 combat management system. 2026-01-21 09:38:34
  • SK On pushes into LFP batteries for early lead in Koreas energy storage market
    SK On pushes into LFP batteries for early lead in Korea's energy storage market SEOUL, January 12 (AJP) - South Korean battery maker SK On is moving forward with plans to establish a lithium iron phosphate, or LFP, battery production system for energy storage applications at its Seosan facility, according to industry officials on Monday. The company could place orders for LFP battery manufacturing equipment as early as the first quarter of this year, the officials said. It is expected to install an energy storage system, or ESS, battery production line in the second half of the year and begin producing LFP pouch cells early next year. LFP batteries, which are widely viewed as more thermally stable and cost-efficient than nickel-cobalt-manganese, or NCM, batteries commonly used in electric vehicles, have become the preferred chemistry for stationary energy storage systems. The Seosan complex currently operates two plants: Plant 1 with an annual capacity of 1 gigawatt-hour and Plant 2 with 6 gigawatt-hours. Plant 2 is expected to be repurposed for ESS battery manufacturing, with SK On likely to convert two of its four existing production lines for LFP battery output. Once the conversion is completed, SK On would hold South Korea’s largest domestic LFP battery production capacity, estimated at 3 gigawatt-hours. Industry observers view the move as a bid to secure an early foothold in the country’s fast-growing ESS market. Demand for energy storage systems in the country is accelerating, fueled by a government-led expansion of renewable energy infrastructure and rising private-sector needs, including power-hungry artificial intelligence data centers. The government has said it plans to build a cumulative 23 gigawatts of long-duration energy storage capacity by 2038. * This article, published by Aju Business Daily, was translated by AI and edited by AJP. 2026-01-12 08:43:03
  • Samsung breaks ground on $475 million low-carbon ammonia plant in US
    Samsung breaks ground on $475 million low-carbon ammonia plant in US SEOUL, January 06 (AJP) - Samsung's engineering unit Samsung E&A has begun construction of a low-carbon ammonia plant in the United States under the Wabash project. The firm said on Tuesday that it held a groundbreaking ceremony the previous day for the U.S. Wabash Low-Carbon Ammonia Project at the Hay-Adams hotel in Washington. The company signed an engineering, procurement and fabrication contract with Wabash Valley Resources in October valued at about 680 billion won ($475 million), and is targeting completion of the plant in 2029. Around 70 people attended the event, including South Korea’s Minister of Land, Infrastructure and Transport Kim Yun-deok, Samsung E&A President Namgung Hong, U.S. Deputy Secretary of Energy James P. Danly, and Simon Greenshields, chairman of Wabash Valley Resources. The facility will be built in the West Terre Haute area of Indiana and is designed to produce 500,000 tons of ammonia annually while capturing about 1.67 million tons of carbon dioxide each year. Samsung E&A described the project as a national-level initiative supported by a fund involving the U.S. Department of Energy and South Korea’s Ministry of Land, Infrastructure and Transport, as well as the Ministry of Climate, Energy and Environment. Samsung E&A said it plans to apply its ammonia-plant experience and advanced technologies, including digital transformation, artificial intelligence, automation and modular construction. It will also work closely with the project owner and technology licensor Honeywell UOP. 2026-01-06 10:46:41
  • South Koreas Doosan Enerbility wins new US gas turbine order for data center
    South Korea's Doosan Enerbility wins new US gas turbine order for data center SEOUL, December 17 (AJP) - Doosan Enerbility said on Wednesday it has signed a contract to supply three large gas turbines to a major U.S. technology company. Under the deal, Doosan Enerbility will supply three 380-megawatt gas turbines for use at the customer’s data center, with one unit scheduled for delivery in 2027 and the remaining two in 2028. The company did not disclose the name of the customer or the contract value. The latest agreement follows an earlier deal signed in October to supply two gas turbines to the same customer, bringing the total number of turbines ordered over the past two months to five, Doosan Enerbility said. Doosan began domestic production of large gas turbines in 2019 and has since completed more than 17,000 hours of performance testing. Including the latest contract, the company has secured orders for a total of 12 gas turbine units, it said. Doosan said its U.S.-based subsidiary, Doosan Turbomachinery Services, headquartered in Houston, has played a key role in strengthening maintenance and after-sales service capabilities, helping the company win overseas contracts. “Doosan Enerbility is solidifying its position as a global gas turbine supplier,” said Son Seung-woo, head of the Power Service Business Group at Doosan Enerbility. “We aim to expand our footprint in the rapidly growing North American market and respond proactively to rising demand.” 2025-12-17 16:51:58
  • Doosan Enerbility signs steam turbine supply deal for Qatar plant
    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 Koreas HJ Shipbuilding secures first US Navy MRO contract
    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 Koreas Kolon Industries joins hands with Canadian firm for fuel cell business
    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