Samsung Heavy Industries

Global Ship Building Market Report 2022: Market is Expected to Grow to $266.64 Billion in 2026 at a CAGR of 8.2% - Long-term Forecast to 2031 - ResearchAndMarkets.com

Retrieved on: 
Monday, July 18, 2022

The "Ship Building Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Ship Building Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • The shipbuilding market consists of sales of ships and related services by entities (organizations, sole traders, and partnerships) that operate shipyards.
  • The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, Africa.
  • Global Ship Building Forecast Market, 2021-2026F, 2031F, $ Billion

Imperial Petroleum Announces Agreement to Acquire Two Suezmax Tankers

Retrieved on: 
Friday, May 27, 2022

Imperial Petroleum Inc. is a ship-owning company providing petroleum product and crude oil seaborne transportation services.

Key Points: 
  • Imperial Petroleum Inc. is a ship-owning company providing petroleum product and crude oil seaborne transportation services.
  • product tankers and one Aframax oil tanker with a total capacity of 305,804 deadweight tons (dwt) and has agreed to acquire one additional product tanker and two suezmax tankers with expected delivery by mid-June 2022.
  • Following these deliveries Imperial Petroleum will own a total of eight tankers with an aggregate capacity of approximately 682,000 dwt.
  • Risks and uncertainties are further described in reports filed by IMPERIAL PETROLEUM INC. with the U.S. Securities and Exchange Commission.

Nordic American Tankers Ltd (NYSE: NAT) – Delivery today of suezmax newbuilding from Samsung shipyard in South Korea

Retrieved on: 
Friday, May 13, 2022

Early this morning, we took delivery of a newbuilding suezmax tanker from Samsung Heavy Industries in South Korea.

Key Points: 
  • Early this morning, we took delivery of a newbuilding suezmax tanker from Samsung Heavy Industries in South Korea.
  • Our new suezmax will commence a contract for six years to ASYAD Shipping Company of the Sultanate of Oman.
  • The contract is producing earnings and cashflow as from delivery from the yard, creating financial stability and a further foothold in this important area.
  • Our experience over many years is that everything is on schedule when Samsung shipyard is involved.

Nordic American Tankers Ltd (NYSE: NAT) – Delivery of newbuilding

Retrieved on: 
Friday, April 29, 2022

The contract will secure stable cash flow and provide return on capital.

Key Points: 
  • The contract will secure stable cash flow and provide return on capital.
  • The vessel is 157,000 deadweight tons and has a carrying capacity of about one million barrels of cargo.
  • The words believe, anticipate, intend, estimate, forecast, project, plan, potential, will, may, should, expect, pending and similar expressions identify forward-looking statements.
  • We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Black & Veatch Awarded Front End Engineering and Design for Proposed Floating Liquefied Natural Gas Project in British Columbia

Retrieved on: 
Wednesday, February 9, 2022

With its abundant natural gas supply, Canadas British Columbia is seeing increased investment in liquefied natural gas (LNG) infrastructure as the world accelerates low- and zero-carbon energy resources.

Key Points: 
  • With its abundant natural gas supply, Canadas British Columbia is seeing increased investment in liquefied natural gas (LNG) infrastructure as the world accelerates low- and zero-carbon energy resources.
  • Black & Veatch a global leader in the design, construction and delivery of innovative floating LNG production solutions has teamed up with its strategic partner Samsung Heavy Industries (SHI) to deliver an integrated solution for the floating LNG process unit.
  • Black & Veatch is responsible for the topside process plant, which includes its patented PRICO liquefaction technology .
  • SHI is responsible for the hull and LNG containment system, along with integration of topsides while also fabricating topsides modules designed by Black & Veatch.

Bloom Energy, Chantiers de l’Atlantique, and MSC Chart a Course for Cruise Ships Powered by Clean Energy

Retrieved on: 
Thursday, December 16, 2021

The MSC World Europa , a new state-of the-art cruise liner currently under construction at the CdA shipyard, will be fitted with 150 kilowatts of Bloom fuel cells.

Key Points: 
  • The MSC World Europa , a new state-of the-art cruise liner currently under construction at the CdA shipyard, will be fitted with 150 kilowatts of Bloom fuel cells.
  • In 2019, CdA and the cruise division of MSC Group unveiled Blue Horizon; a ground-breaking initiative that integrates SOFC technology on LNG-powered cruise ships to decarbonize the maritime industry.
  • Bloom Energys product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications.
  • Bloom Energy undertakes no obligation to revise or publicly update any forward-looking statements unless if and as required by law.

Global Shipbuilding Market 2021-2025 with COVID-19 Impact Analysis - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 28, 2021

The "Global Shipbuilding Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Shipbuilding Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.
  • The report provides a regional analysis of the Shipbuilding market, including the following regions: Asia Pacific, Europe, North America Middle East and Africa.
  • The report also provides a detailed analysis of the COVID-19 impact on the Shipbuilding market.
  • The COVID-19 pandemic had a negative impact on global shipbuilding market.

Ship and Boat Building and Repairing Global Market Report 2021: COVID-19 Impact and Recovery to 2030 - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 9, 2021

The "Ship and Boat Building and Repairing Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Ship and Boat Building and Repairing Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The ship and boat building and repairing market is segmented into ship building and repairing and boat building and repairing.
  • Asia Pacific was the largest region in the global ship and boat building and repairing market, accounting for 49% of the market in 2020.
  • North America was the second largest region accounting for 21% of the global ship and boat building and repairing market.

Eneti to Acquire Seajacks to Become the World’s Leading Owner and Operator of Wind Turbine Installation Vessels (WTIV)

Retrieved on: 
Thursday, August 5, 2021

The share consideration is comprised of 7,433,031 common shares and 700,000 preferential shares in Eneti, subject to closing adjustments.

Key Points: 
  • The share consideration is comprised of 7,433,031 common shares and 700,000 preferential shares in Eneti, subject to closing adjustments.
  • In order to satisfy a portion of Seajacks debt, the Sellers will receive cash consideration of $12 million.
  • Seajacks flagship, NG14000X design Seajacks Scylla, was delivered from Samsung Heavy Industries in 2015, and it is currently employed in Asia.
  • Eneti Inc. is focused on marine-based renewable energy and has invested in the next generation of wind turbine installation vessels.

Samsung Heavy Industries and Bloom Energy Advance Plans for Clean Power Ships with Joint Development Agreement

Retrieved on: 
Tuesday, June 30, 2020

Bloom Energy (NYSE: BE) and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and develop fuel cell-powered ships.

Key Points: 
  • Bloom Energy (NYSE: BE) and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and develop fuel cell-powered ships.
  • The two companies will work together to realize their vision of clean power for ships and a more sustainable marine shipping industry.
  • Following commercialization, the two companies anticipate that the market for Bloom Energy Servers on SHI ships could grow to 300 megawatts annually.
  • The Companys product, the Bloom Energy Server, delivers highly reliable and resilient, always-on electric power that is clean, cost-effective, and ideal for microgrid applications.