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HJSC's LNG dual-fuel container carrier wins basic approval from Lloyd's Register SEOUL -- A liquefied natural gas (LNG) dual-fuel container carrier designed by HJ Shipbuilding & Construction, a shipbuilder in South Korea, has secured basic approval from a London-based maritime classification society. It is designed to meet strengthened international regulations. HJ Shipbuilding & Construction (HJSC) said that its 7,700 TEU LNG dual-fuel container ship has received approval in principal from Lloyd's Register (LR). HJSC was responsible for designing the container April 14, 2022
Siemens works with Hyundai shipyard to develop computer-aided design (CAD) program SEOUL -- Siemens, a German technology company, tied up with South Korea's Hyundai shipbuilding group to develop a new computer-aided design (CAD) program that would help shipyards accelerate digital transformation. They would gradually promote an autonomous smart shipyard by 2030. CAD is used to increase the productivity of designers, improve the quality of design, improve communications through documentation, and create a database for manufacturing. It is an important industrial art ex April 11, 2022
Daewoo shipyard's super-large LCO2 carrier design wins basic ABS approval SEOUL -- A super-large liquefied carbon dioxide carrier designed by Daewoo Shipbuilding & Marine Engineering has obtained basic approval from an American classification society for use in the food industry. The vessel is powered by liquefied natural gas and can install a device to capture and store carbon dioxide. Daewoo Shipbuilding & Marine Engineering (DSME) said the vessel approved by the American Bureau of Shipping (ABS) can carry 70,000 cubic meters of liquefied carbon dioxide (L April 7, 2022
German company Aquila sets up renewable energy joint venture with Topinfra in S. Korea SEOUL -- Aquila Capital, an investment management company based in Germany, set up a joint venture with Topinfra, a renewable project development and construction company in South Korea, for their joint participation in renewable energy projects such as solar power, wind power, and battery energy storage systems. Topinfra CEO Jung Hyun-cheol said that the joint venture named Aquila Development Partners would provide an opportunity for Topinfra to grow by learning about Aquila's advanced inv April 6, 2022
[FOCUS] Doosan Enerbility awaits new energy roadmap from next president Yoon SEOUL -- Faced with an inevitable change in the political environment, Doosan Enerbility took a composed posture, awaiting a national energy roadmap to be drawn up anew by South Korea's next leader Yoon Suk-yeol after putting aside its reputation as the designer of the country's first homemade H-class gas turbine capable of producing some 270 megawatts of electricity. Doosan Heavy Industries & Construction changed its name to Doosan Enerbility on March 29 with renewed determination April 6, 2022
Daewoo shipyard works with classification society to develop autonomous ship technologies SEOUL -- South Korea's maritime classification society will work with Daewoo Shipbuilding & Marine Engineering to jointly develop technology for autonomous ships ahead of competitors. The shipbuilder aims to launch a large autonomous commercial ship installed with its smart ship platform in 2025. DSME and other shipbuilders are trying hard to develop autonomous ship technologies that can replace crew decisions with intelligent and autonomous systems integrating artificial intelligence, April 4, 2022
SK E&S acquires U.S. EV charging solution provider EverCharge SEOUL -- SK E&S, an energy company affiliated with South Korea's third-largest conglomerate, SK Group, has acquired EverCharge, a U.S. provider of electric vehicle charging services, as part of efforts to cope with growth in the U.S. electric vehicle charging market and achieve the goal of becoming a leading energy solution company. Financial terms were not given. SK E&S has earmarked $400 million to finance its U.S. subsidiary. The money will be used to acquire EverCharge and make March 24, 2022
Energy road map faces inevitable modifications under new conservative government SEOUL -- South Korea's energy roadmap pushed by President Moon Jae-in to achieve net-zero carbon dioxide emissions by 2050 in response to a global agenda for fighting climate change faces inevitable modifications as his successor regards renewable energy as an auxiliary means for nuclear power plants. President-elect Yoon Suk-yeol, who scored a narrow victory in presidential voting on March 9, has criticized Moon's "nuclear-exit" policy of phasing out nuclear power plants and March 14, 2022
Doosan Group acquires controlling stake in semiconductor test service provider SEOUL -- South Korea's Doosan Group expanded its business scope into semiconductors by acquiring a controlling 38.7 percent stake in Tesna, a domestic semiconductor test service provider, saying that demands for semiconductors will grow in line with the rapid introduction of advanced technologies such as artificial intelligence, big data, electric vehicles and autonomous driving. The acquisition of Tesna for 460 billion won ($372.6 million) is aimed at securing a new growth engine, the grou March 8, 2022
LG Innotek makes new investment to produce high-intensity package substrates SEOUL -- LG Innotek, the electric component unit of South Korea's LG Group, has earmarked 413 billion won ($346 million) for its new investment to build a mass production line for flip-chip ball grid arrays, a high-intensity package substrate connecting semiconductor chips and main substrates. Flip-chip ball grid arrays are in demand for various applications such as servers and networks. Flip-chip ball grid arrays (FC-BGAs) are mainly used for central processing units (CPUs) and graphic pro February 23, 2022