The collaboration underlines the growing role of maritime in supporting the rapid expansion of artificial intelligence-driven data demand. Lloyd’s Register (LR) has signed a Memorandum of Understanding (MOU) for Joint Development Project…
Samsung Heavy Industries (SHI)
Lloyd’s Register approves SHI’s next-generation SnapWind Float offshore wind design
The new design aims to meet the growing demand for safe, scalable offshore wind solutions. Lloyd’s Register (LR) has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for…
KR grants Approval in Principle (AIP) for SHI’s “SnapWind Float”, a 15MW Floating Offshore Wind Substructure
KR (Korean Register) has awarded an Approval in Principle (AIP) for Samsung Heavy Industries’ (SHI) newly developed “SnapWind Float”, a next generation floating offshore wind substructure capable of supporting 15MW…
KR (Korean Register) signed a memorandum of understanding (MOU) with Samsung Heavy Industries (SHI) on June 4 at Nor-Shipping 2025 in Oslo to jointly develop a 174,000㎥ LNG carrier featuring…
LR announces partnership with SHI for floating production and storage system for green ammonia
Lloyd’s Register (LR) has signed a Memorandum of Understanding with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. …
Leading global energy major becomes eighth member of collaboration. 2 December 2022 – The Castor Initiative has announced that global energy major TotalEnergies has become the eighth partner to the global coalition that…
DNV signs MoUs with SHI and Kongsberg Digital to boost data infrastructure verification and uptake
Athens, 8 June, 2022. DNV signed two Memorandum of Understanding Agreements (MOUs) with Samsung Heavy Industries (SHI) and Kongsberg Digital (KD) today. The partners agreed to closely cooperate on improving…
Today’s MOU signifies the multinational coalition’s solid commitment to build deep-sea cargo vessels capable of running on a zero-emission energy source. Singapore, 4 April 2022: Lloyd’s Register, Samsung Heavy Industries…
High efficiency Wärtsilä power solutions to drive seven new Arctic Shuttle Tankers
High efficiency Wärtsilä power solutions to drive seven new Arctic Shuttle Tankers Wärtsilä Corporation, 19 Jan 2022 at 4:00 PM E. Europe Standard Time – The technology group Wärtsilä will supply…
Jurong Port joins the Castor Initiative. Joint development project for deepsea ammonia-fuelled tanker now has seven partners. The Castor Initiative – the multinational coalition consisting of MISC Berhad (MISC), Lloyd’s…
KR awards Statement of Fact to SHI’s Ship Cyber Security Simulator The result of a year’s joint development on cyber security network construction and design safety evaluation The Korean Register (KR) …
LR awards Samsung Heavy Industries Approval in Principle for its ammonia-fuelled tanker design
LR awards Samsung Heavy Industries Approval in Principle for its ammonia-fuelled tanker design South Korean yard pushes ahead with development of future gas supply system and detailed ship design. Lloyd’s…
Exciting new shuttle tanker concept with Wärtsilä solutions creates optimal economic and environmental performance
Wärtsilä Corporation, 9 January 2018 at 11 a.m. EET A new shuttle tanker concept developed by the world’s largest provider of shuttle tanker services; TEEKAY, in close cooperation with Wärtsilä,…
Industry partners work together to develop new production unit option. (Busan, Republic of Korea) ABS, the leading provider of classification and technical services to the offshore industry, and Samsung Heavy Industries…
CARGOTEC CORPORATION, 6 APRIL 2016 AT 10 AM EEST – MacGregor, part of Cargotec, will supply loose lashings equipment for twelve 19, 200 TEU container vessels under construction in South Korea…
Korean shipyards, operators, drilling contractors and engineering companies join ABS to develop new offshore design standards. (Houston) ABS, the leading provider of classification services to the global offshore industry, has entered…
Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked…




