Sign Up
Stories
Green VLCC Innovation Contracted
Share
Cable Laying and Nuclear Ship Innovation...
Electric Ship Market's Growth and Challe...
HII Hosts Assistant Secretary of the Nav...
Hybrid Boats Market Thriving Growth
Ingalls Shipbuilding Boosts Navy's Fleet
Kent Advances Spiorad na Mara Project
Overview
API
Hanwha Ocean, a South Korean shipbuilding giant, has clinched a $256 million contract to build two eco-friendly VLCCs for an Oceania-based shipping firm, incorporating fuel-saving technologies. The vessels are scheduled for completion at the Geoje shipyard by 2026, aligning with Hanwha Ocean's drive towards enhanced profitability and innovative ship solutions like smart monitoring systems for carbon intensity.
Ask a question
How might the integration of eco-friendly technologies in VLCCs impact the maritime industry's sustainability efforts?
In what ways could the focus on differentiated VLCC technology influence Hanwha Ocean's competitive position in the shipbuilding market?
What potential challenges could Hanwha Ocean face in implementing and scaling its smart ship technology?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Nov 2023
Dec 2023
Jan 2024
Coverage
portn