Tag: Hanwha Ocean
ABS and Hanwha Offshore Sign Multi-Year Agreement to Collaborate on Accelerating Sustainability, Digitalization and Cybersecurity
(HOUSTON) ABS and Hanwha Ocean Co., LTD, have agreed to explore cutting-edge technology projects together with the signing of an Offshore Technology Collaboration Agreement (OTCA) at Gastech 2024. The agreement is the foundation for collaboration on a succession of state-of-the-art projects leveraging each company’s core competencies under three broad themes: sustainability, digitalization and artificial intelligence…
BV, Hanwha Ocean, and Naftomar collaborate to develop vessels with an ammonia fuel prepared design
Bureau Veritas (BV), a world leader in testing, inspection and certification, has partnered with Hanwha Ocean, a leading global shipbuilding company, and Naftomar, a prominent maritime logistics provider, to develop vessels with an ammonia fuel prepared design. The joint development project (JDP) agreement was signed by Jong Seo Kim, President of Hanwha Ocean Co., Ltd, Talal Zein,…
Hanwha Ocean Makes Operating Profit of 43.3 Billion Won in H1, Marking Significant Turnaround
Ocean announced its first-half results for 2024 through a provisional performance disclosure based on consolidated standards, revealing a significant turnaround in its financial performance. The company recorded sales of 4.8197 trillion won (approximately $3.57 billion), an operating profit of 43.3 billion won, and a net profit of 23.6 billion won. This marks a substantial improvement…
MOL and TLT Signs Long-Term Charter Deal for Newbuilding LNG Carrier
March 05, 2024: TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced the signing of a long-term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker Co., Ltd(TLT). (headquarters: Minato-ku, Tokyo; President: Atsunori Takeuchi), a wholly-owned subsidiary of Tokyo Gas Co., Ltd(Tokyo Gas). (headquarters: Minato-ku, Tokyo; President: Shinichi Sasayama). This…