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6 Korean firms join cross-border carbon capture, storage project

Six Korean energy companies will join hands with Malaysia’s state-run energy company, Petroliam Nasional Berhad, to launch a cross-border project that transports carbon captured in South Korea to Malaysia for storage, the firms said Wednesday. For the project named Shepherd CCS, the six companies, SK Energy, SK Earthon, Samsung Engineering, Samsung Heavy Industries, Lotte Chemical and GS Energy, signed a memo. ....

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Samsung shipyard develops cost-effective method to effectively manage engines | Hellenic Shipping News Worldwide

As a quick and cost-effective method to comply with mandatory new requirements for the reduction of carbon emission intensity, Samsung Heavy Industries, a major shipbuilder in South Korea, has developed an eco-friendly smart system that efficiently controls and manages engine power. The International Maritime Organization (IMO), a U.N. maritime safety agency, has adopted mandatory energy-efficiency . ....

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