Hapag Lloyd’s new dual-fuel container vessel floated by DSME

The first of several Hapag Lloyd’s Ultra Large Container Vessels was floated in South Korea by Daewoo Shipbuilding and Marine Engineering (DSME). The vessel is the first in a coming series that will be dual-fuelled and will be the largest in Hapag Lloyd’s fleet. The vessel was ordered in December 2020 and its keel was

DSME partners with POSCO on new shipbuilding

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said it has signed a business partnership agreement with top local steelmaker POSCO on the development of new shipbuilding materials. The deal calls for joint efforts to develop new shipbuilding materials and welding technologies that will be applied to vessels to be built in the future, DSME said

DSME installs main engine on first LNG-powered containership

South Korea’s Daewoo Shipbuilding & Marine Engineering has installed the main engine on the first out of twelve ultra large LNG-powered container vessels it is building for Germany’s Hapag-Lloyd. Hapag-Lloyd first ordered six LNG dual-fuel 23,660-teu containerships from DSME in 2020 and added six more sister vessels in 2021, with a total price tag of

CB&I, DSME sign MoU for feasibility study of liquid hydrogen carrier

CB&I will evaluate its liquid hydrogen storage tank design for ocean-going ships, and DSME will investigate and develop the ship’s general design to install the liquid hydrogen storage tank. CB&I, McDermott’s storage business line, and Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) have signed a memorandum of understanding (MoU) for a feasibility study of

DSME seeks services of NASA for liquid hydrogen

South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has sought the services of a NASA supplier to fire up its own large liquid hydrogen carrier ambitions. DSME is partnering with CB&I, a subsidiary of US-based energy engineering company McDermott, to develop the ship type which moves cargoes at super chilled temperatures. CB&I has

DSME and Samsung add $2.6 bn LNG carriers

Daewoo Shipbuilding & Marine Engineering Co. (DSME) and Samsung Heavy Industries Co. each added 2.37 trillion won ($1.7 billion) and 1.17 trillion won worth contracts to their swelling order book for liquefied natural gas (LNG) carriers, upping the chance of South Korean shipbuilders reclaiming No. 1 rank in global vessel orders this month after losing

DSME delivers second shuttle tanker to Knutsen NYK

A dual-fuel LNG shuttle tanker1 ordered by Knutsen NYK Offshore Tankers AS,2 which is an affiliate of NYK, was delivered at Daewoo Shipbuilding & Marine Engineering Co. Ltd. The vessel has been named “Sindre Knutsen.” Like its sister ship “Frida Knutsen,” which was delivered on 2 August, this vessel will be a dual-fuel shuttle tanker

DSME installs high-manganese steel fuel tank on crude-oil carrier

Daewoo Shipbuilding & Marine Engineering Co. (DSME) mounts the world’s first installation of a high-manganese steel fuel tank on a very large crude-oil carrier. The installation was done as a joint work for 10 years by DSME and steelmaker POSCO. The two companies independently developed manufacturing technology covering every stage from pre-treatment to welding, and

DSME wins contract to build LNG carrier for Qatar

Daewoo Shipbuilding & Marine Engineering (DSME), South Korean shipbuilder, has won a KRW 1.07 trillion ($851.7 million) order for the construction of four LNG carriers for the Qatar LNG project. The newbuild will be equipped with a low-pressure dual-fuel propulsion engine (ME-GA) and re-liquefaction facility, which is an eco-friendly ship that can significantly reduce air

MOL books two more LNG newbuilds at DSME

Japan’s Mitsui OSK Lines (MOL) has signed up for two newbuild 174,000 cu m liquefied natural gas (LNG) carriers at South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME). The dual-fuel ships come with a price tag of around $213m each and are set for delivery in the second and third quarter of 2026. Multiple shipbrokers