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Samsung Heavy Industries, a major shipbuilder in South Korea, has secured two separate orders worth 3.9 trillion won ($3.0 billion) to build 14 liquefied natural gas carriers for clients based in Bermuda and Africa. With new orders, the shipbuilder achieved 72 percent of its annual order target estimated at $8.8 billion. In a regulatory filing .
In a ceremony that heralded the accomplishment of complete technology independence, a liquefied natural gas fuel tank made of high manganese steel was installed on a giant oil carrier at the shipyard of Daewoo Shipbuilding & Marine Engineering, a major shipbuilder in South Korea. High manganese steel is an alternative material for cryogenic services. The .
Daewoo Shipbuilding & Marine Engineering, a major shipbuilder in South Korea, will lead the development of a ship-based carbon capture and storage system for use by natural gas carriers to be delivered to its Greek client, Gaslog, in 2024. The system treats exhaust gases emitted from the internal combustion engine of ships Daewoo Shipbuilding & .
In a landmark operation monitored by U.S. and South Korean maritime classification societies, a giant natural gas carrier installed with a self-sailing system developed by Avikus, the in-house venture of South Korea’s Hyundai shipbuilding group, has made a successful transoceanic voyage for the first time in the world. The Prism Courage, a 300-meter-long super-large liquefied .