Hyundai Mipo Dockyard (HMD) News

Watson Farley & Williams (WFW) advised Navigazione Montanari S.p.A. (Navigazione Montanari) on acquiring the chemical product tanker, Astella, renamed Valderice. WFW also acted for Intesa Sanpaolo S.p.A. (Intesa Sanpaolo) as a lender on loan, backed by Italy’s ECA SACE's Garanzia Futuro, granted to Navigazione Montanari to recapitalise the funds used for the purchase partially. Valderice The Valderice, built in South Korea in 2011 at the Hyundai Mipo Dockyard Co. Ltd., is currently...

DNV has granted Approval in Principle (AiP) to HD Hyundai Mipo (HMD) for their design of a 60,000 m3 LPG/NH3/VCM carrier.  The design addresses the growing demand for Medium Gas Carrier (MGC) vessels and aligns with the industry trend towards larger ships. LPG and ammonia transport It also anticipates stricter environmental regulations and an expected rise in LPG and ammonia transport volumes. The vessel maintains the operational characteristics of existing MGCs while incorporating a dou...

KR (Korean Register) has awarded an Approval in Principle (AiP) to HD Hyundai Mipo (HD HMD) for their innovative 23K Ammonia Bunkering Vessel and 18K LNG Bunkering Vessel on September 18, at GASTECH 2024, paving the way for green shipping. The development of these vessels represents a significant advancement in the maritime industry’s efforts to meet the International Maritime Organisation’s (IMO) ambitious greenhouse gas reduction targets, which include at least 20% by 2030 an...

ABS granted approval in principle (AIP) to HD Hyundai Mipo (HMD) for its design of a liquefied carbon dioxide (LCO2) carrier. Presented at Gastech 2024, the AIP represented the culmination of a joint development project between ABS and HMD. HMD developed a cargo containment system optimised for a 35,000 cbm LCO2 carrier using new cargo tank materials. ABS completed design reviews based on class and statutory requirements for liquefied gas carriers. Development of liquefied CO2 carrier “...

Wärtsilä Gas Solutions (WGS), part of the technology group Wärtsilä, will deliver the fuel supply and cargo handling systems for two new gas carriers that will operate with ammonia fuel. The ships are being built at the Hyundai Mipo Dockyards (HMD) in Korea for ship owner EXMAR LPG, a joint venture between EXMAR, a multi-disciplinary maritime and offshore solutions provider, and Seapeak, one of the largest independent owner-operators of liquefied natural gas vessel...

At the Posidonia trade fair, classification society DNV awarded HD Hyundai Mipo an Approval in Principle (AiP) for the design of a new ammonia dual fuel feeder container vessel. The AiP is the result of a collaborative effort between HD Hyundai Mipo, WinGD, HD Hyundai Heavy Industries, Kangrim Heavy Industries, and DNV.  Greenhouse gas reduction strategy Ammonia continues to attract attention as a potential fuel for shipping as the industry steps up to tackle the International Maritime O...

A 50K DWT ammonia-powered tanker design proposal from HD Hyundai Mipo has received an Approval in Principle (AIP) from ABS. The vessel will feature an ammonia engine designed by WinGD and manufactured by HD Hyundai Heavy Industries – Engine & Machinery Division (HHI-EMD), along with its ammonia fuel supply system designed by HD Korea Shipbuilding & Offshore Engineering (KSOE) and an ammonia boiler designed by Kangrim Heavy Industries. Expertise in alternative fuels ABS completed...

DNV has awarded HD Hyundai Mipo Dockyard an Approval in Principle (AiP) for the design of ammonia dual fuel 45,000 m3 LPG carriers.  The presentation took place at the HD Hyundai Global R&D Centre (GRC) in Seongnam, Korea. HD Hyundai Mipo (HMD), who have developed the basic ship design, provided detailed engine specifications and operational data from global engine maker, WinGD, and reviewed the safety and suitability of the design with DNV. The designs are based around a new 10,000 h...

Wärtsilä Gas Solutions, part of the technology group - Wärtsilä, introduces a ground-breaking Ammonia Fuel Supply System (AFSS) for ships able to operate with ammonia fuel. The system is available for both liquid and gaseous fuel. Wärtsilä AFSS The Wärtsilä AFSS is an innovative and reliable system that enables the use of ammonia as a marine fuel. In line with shipping’s transition to decarbonised fuels, ammonia is widely seen as one of the most pr...

Wärtsilä Gas Solutions, part of the technology group Wärtsilä, will deliver the fuel supply system for two new gas carriers that will operate with ammonia fuel. First-ever oceangoing vessels The ships are being built at the Hyundai Mipo Dockyards (HMD) in Korea for ship owner - EXMAR LPG, a joint venture between Exmar, a multi-disciplinary maritime and offshore solutions provider, and Seapeak, one of the largest independent owner-operators of liquefied natural gas vessels.&...

Technology group - Wärtsilä will supply the cargo handling and LPG (liquefied petroleum gas) fuel supply systems for a new Medium Gas Carrier (MGC) vessel being built for Turkish ship owner - Pasco Gas. The contract was signed with Hyundai Mipo Dockyard (HMD) and was booked by Wärtsilä in Q4 2023. The 45,000 m3 capacity vessel was ordered as an option following an earlier new build contract signed in February 2023. The Wärtsilä scope of supply is the same for both...

Technology group Wärtsilä will supply the Cargo Handling Systems (CHS) for four new medium gas carrier vessels, expected to primarily carry ammonia. The 45,000 m3 capacity ships are under construction at the Hyundai Mipo Dockyard (HMD) yard in Korea for UK and Singapore-based Purus. The order was placed by HMD and booked by Wärtsilä in Q4 2023. HMD is a key customer of Wärtsilä in the region’s medium gas carrier market, and the two companies have co...

Swiss marine power company - WinGD will deliver ammonia-fuelled X‑DF‑A engines for a series of two 46,000m3 LPG/ammonia carriers to be built for EXMAR LPG BV, a joint venture of EXMAR and Seapeak, at Hyundai Mipo Dockyard. The two 52-bore X52DF‑A engines will be delivered in Q2 2025 and will be among the first of WinGD’s ammonia-fuelled engines to enter service. The order represents WinGD’s entry into an emerging market for ammonia-fuelled gas carriers. Such vessels have traditional...

DNV has awarded an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD) for their new hydrogen system. Hydrogen carrier technology HD KSOE aims to complete the development of hydrogen carrier technology that enables large-capacity hydrogen transportation and storage by around 2030. Sustainably produced zero and low-carbon hydrogen has been identified as a key part of th...

Babcock’s LGE business, the pioneer in liquefied gas solutions, partners with Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyard (HMD) to develop liquefied CO2 carrier designs to service the growing demand for this kind of vessel. Babcock will design the cargo handling system for a range of ship sizes, specifications, cargo purities, and voyage profiles to produce a highly efficient system, which has been optimised to minimise emissions and cargo loss – thereby reducing enviro...

Becker Marine Systems is perfectly positioned to present itself at SMM 2018, the international trade fair for the maritime industry. With its versatile high-performance rudders and efficient energy-saving products such as the Becker Mewis Duct, the Hamburg-based company is managing to convince more and more customers of its innovative products. Additionally, with innovative product developments such as the Becker LNG PowerPac, Becker Marine Systems is continuing to down the path of a more susta...

In a joint technical seminar held during the Posidonia trade fair, shipyard Hyundai Mipo Dockyard (HMD), ship service company Hyundai Global Service (HGS), and classification society DNV presented the results of a joint industry project (JIP) on eco-friendly marine solutions that can help shipowners and managers to comply with tightening environmental regulations. The results of the second phase of the “Green tankers towards 2050” project explore the possible options for a 50,000 DW...

Hyundai’s Ship-Building Division, HHI-SBD, has ordered 8 × MAN B&W 8G95ME-LGIM (Liquid Gas Injection Methanol) engines, in connection with the building of 8 × 16,000-teu container ships for A.P. Moller – Maersk, the global integrator of container logistics. Hyundai Engine & Machinery Division, HHI-EMD, will build the engines. The order contains an option for a further four engines, with the first of the confirmed vessels due to enter service in Q1, 2024. Methano...

Korea Shipbuilding & Offshore Engineering (KSOE) is building an electric-powered ship using its own technologies, as it ramps up the efforts to establish early dominance in the market for eco-friendly vessels.   Hyundai Mipo Dockyard (HMD), a subsidiary of KSOE, recently announced that it has signed an agreement with Ulsan ICT Promotion Agency (UIPA) to build a smart ship with an electric propulsion system featuring the convergence of various information and communication technologies...