Posco International signs a charter deal with H-Line

Posco International, the trading arm of South Korean steelmaker Posco, has penned a charter deal with compatriot H-Line Shipping for a newbuild liquefied natural gas (LNG) carrier. The 174,000 cu m vessel will be built by Hyundai Samho Heavy Industries and delivered in the first half of 2025. The company, which merged with Posco Energy

Korean shipping lines to develop nuclear-powered ships

A host of Korean shipping lines including HMM, Sinokor and H-Line Shipping along with the nation’s class society are pressing ahead with plans to develop nuclear-powered merchant ships. Recently, the CEOs of the shipping lines along with the Korean Register, the Nuclear Research Institute and the Korea Atomic Energy Research Institute met in Gyeongju City