For illustration only (Image: HD Hyundai Heavy Industries)
Shareholders of South Korean shipbuilders HD Hyundai Heavy Industries and HD Hyundai Mipo have approved the previously announced merger. The combined company, HD Hyundai Heavy Industries, will officially launch on December 1.
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Greek shipowner Tsakos Energy Navigation (TEN) has ordered one liquefied natural gas (LNG) carrier from South Korean shipbuilder HD Hyundai Heavy Industries.
Indonesian petroleum and chemicals logistics company AKR Corporindo (AKRA) has formed a joint venture with a unit of Singapore-based gas shipping giant BW to develop an FSRU-based LNG project in Indonesia.
South Korean shipbuilder HD Hyundai Heavy Industries has won contracts worth approximately $574 million to build one floating storage and regasification unit (FSRU) and one liquefied natural gas (LNG) carrier.