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HomeSouth Korea

South Korea

LNG carrier
Energy Tech

South Korea’s Samsung Heavy gets OK for wind-assisted LNG carrier

November 22, 2024 Andy Del Prado

SHI said in a statement the wing sail is a structure in the form of a sail and generates lift through pressure differences between the upper and lower parts of the sail to provide auxiliary […]

HMM
LNG

Navios, HMM name LNG-powered containership duo in South Korea

November 22, 2024 Andy Del Prado

HJ Shipbuilding & Construction held the naming ceremony for HMM Ocean and HMM Sky in Busan on Thursday, according to a statement by HMM. HMM said it will charter these vessels with a capacity of […]

QatarEnergy
LNG

QatarEnergy names LNG carrier quartet in South Korea

November 8, 2024 Andy Del Prado

State-owned LNG giant QatarEnergy named four new conventional-size LNG vessels in South Korea as part of its giant fleet expansion program. QatarEnergy said in a statement the four new vessels, Id’asah, Nuaijah, Umm Swayyah, and […]

SK Innovation
LNG

SK Innovation, SK E&S launch new company after merger

November 5, 2024 Mariel Alumit

South Korea’s SK Innovation and SK E&S have officially completed their merger, launching a new entity on November 1. Following the announcement in July, the companies have concluded the preparation process over the last three […]

QatarEnergy
LNG

QatarEnergy holds LNG talks with South Korea’s Kogas

November 5, 2024 Mariel Alumit

Qatar’s energy minister and QatarEnergy’s CEO, Saad Sherida Al-Kaabi, held talks with top energy leaders during a visit to South Korea, according to a statement on Monday. Al-Kaabi was accompanied by a delegation of senior […]

Alternative Investments

Rafael Threatens Gulf Production

November 5, 2024 Andy Del Prado

Daily Standup Top Stories Trudeau to Order Oil, Gas Producers to Cut Emissions by 35% November 4, 2024 Clark Savage Industry limit to be implemented through cap-and-trade system Canada to start collecting data in 2026, enforcement […]

South Korea
Finance

South Korea Weighs Buying More USA Energy If Trump Wins Election

November 4, 2024 Mariel Alumit

South Korea is considering a plan to boost energy imports from the US if Donald Trump wins the election and steps up pressure on trade partners, according to people familiar with the matter. Officials in […]

Exports

Qatar Faces Rising Competition in Asia From Flexible LNG Suppliers

October 21, 2024 Stu Turley

Shorter-term and more flexible LNG contracts offered by sellers from the United States, the United Arab Emirates (UAE), and Oman are challenging Qatar’s dominance in liquefied natural gas supply to north Asia, trade sources have […]

South Korea
Exports

South Korea was top destination for US LNG cargoes in June

August 26, 2024 Mariel Alumit

The DOE report shows that US terminals shipped 40.8 Bcf of LNG to South Korea in June, 34.9 Bcf to the Netherlands, 28.8 Bcf to India, 27.9 Bcf to Japan, and 20.8 Bcf to China. […]

South Korea
Coal

South Korea sanctions Hong Kong firm for illegal transfer of North Korean coal

July 18, 2024 Mariel Alumit

South Korea has sanctioned a Hong Kong shipping firm, HK Yilin Shipping, and a North Korean vessel over allegations of the illegal transfer of North Korean coal. Yilin Shipping’s 6,700 dwt general cargo vessel De […]

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