South Korea LNG news

Hanwha Aerospace and Hanwha Energy have signed a memorandum of understanding with Korea Southern Power to advance global LNG value chain development.

With new US tariffs imposed on Asian countries and geopolitical tensions in the Middle East threatening LNG trade flows, S&P Global Commodity Insights brings you a round-up of the latest developments impacting Asia's LNG markets.

Nakilat has launched the first financing package with the Export-Import Bank of Korea for 25 conventional Korean-built LNG vessels that will be fully owned and operated by Nakilat.

Excelerate Energy has announced the on-schedule launching of its newbuild FSRU from the HD Hyundai Heavy Industries shipyard in South Korea.

Hanwha Ocean will build a next-generation LNG dual-fuelled icebreaking research vessel to explore polar regions with advanced technology based on its track record of building the most icebreakers in South Korea.

HD Hyundai and Tampa Ship LLC are to establish a strategic and comprehensive collaboration that outlines a multi-faceted alliance to build medium-sized LNG dual-fuel containerships at Tampa Ship.

Nakilat has celebrated a steel cutting ceremony, marking the commencement of construction of 17 LNG vessels at Hyundai Heavy Industries Shipyard in Ulsan, South Korea.

The American Bureau of Shipping issued an approval in principle to Samsung Heavy Industries for its design of a multi-purpose LNG floating facility for deep water.

Hanwha Ocean has picked TMC Compressors to deliver the marine compressed air system to 12 LNG vessels the South Korean shipbuilder is constructing for an undisclosed LNG shipping major.

Qatar Gas Transport Company has the construction of six gas carriers with a steel cutting ceremony at HD Hyundai Samho shipyard in South Korea.