South Korea LNG news

ABS has granted two approvals in principal for advanced cargo handling systems for LNG carriers and ethane carriers, developed by HD KSOE.

POSCO International and Korea Southern Power have signed a memorandum of understanding to promote the domestic LNG bunkering business.

TotalEnergies has signed a Heads of Agreement for the annual delivery in South Korea of 1 million tpy of LNG over a 10-year period.

GTT has received an order from Hanwha Ocean for the tank design of two new LNG carriers for the US market.

WinGD and Hanwha Engine have produced the world's first LNG carrier engine equipped with variable compression ratio technology.

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.